Boosting Growth, Profitability at Ryan Beck & Co.

Financial services firm taps Ascential Software to provide comprehensive view of enterprise data

Financial services firm taps Ascential Software to provide comprehensive view of enterprise data

Westboro, MA — July 27, 2004 — Ryan Beck & Co., Inc. a New Jersey-based financial services firm, said it is using Ascential Corp.'s DataStage to provide a comprehensive view of its enterprise data. Ascential DataStage enables the company to provide multiple, up-to-date reports to more than 500 financial consultants.

Ryan Beck has offices in 13 states and offers a significant array of services to individual, corporate and institutional investors. "As Ryan Beck works to achieve the objectives established by our executive team — to diversify and expand our revenue base, grow in profitability and scope as a financial services company, establish new businesses and expand successful business units — it is critical that we are able to provide our financial consultants with the up-to-date, accurate information they need to be successful," said Michael Sukovich, vice president of data warehouse architecture and services for Ryan Beck. "Ascential DataStage is an integral component of the IT foundation required to reach our corporate goals."

Ryan Beck is using Ascential DataStage, a key component of the Ascential Enterprise Integration Suite, to build and maintain an enterprise data warehouse. The software supports the collection, integration and transformation of data from virtually any source or business process, including text files, complex data structures in XML, enterprise resource planning (ERP) systems, and business intelligence tools.

"Ryan Beck has the vision to expand its IT systems to meet significant growth objectives over the next few years," noted Mark Register, chief marketing officer and vice president of marketing, industry solutions and global alliances at Ascential Software. "An effective enterprise data warehouse is vital to that growth and to the efficient and effective operation of daily business."