Xtiva Financial Systems, a provider of enterprise compensation and reporting solutions for the financial services industry, recently announced plans for its next generation financial management and reporting portal. Xtiva chose the Microstrategy Business Intelligence Platform to be included in the industry's first financial-services data enabled business performance management portal.

"Xtiva's business performance management portal is the first industry-integrated approach to truly integrated compensation management, sales performance measurement, institutional client performance management, and business policy management tools to support today's needs for managed solutions to meet a wide range of business, operations, finance, and technology needs. The Xtiva portal combines Xtiva's next generation data consolidation, calculation, and business rules engines with MicroStrategy's leadership in business intelligence into one seamless Software-as-a-Service suite of products. Xtiva's Business Management Portal delivers the industry's most flexible reporting and analytics capabilities; providing our clients with the advanced tools they need to manage their businesses," said Andrew Peterson, VP Technology at Xtiva. "The next versions of our applications, slated for release beginning in Q4 this year, will include material advancements in the way enterprises manage business information for the entire enterprise."

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.