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Indonesia's Largest Bank, Bank Mandiri Onboards Bina Indonusa System and Banking Business Intelligence Specialist iCreate for Strategic Analytics Consulting

Bank Mandiri onboards Bina Indonusa System & iCreate for Strategic Analytics Consulting, -Value-chain Analytics enabled Mass Banking -EDC Business Analysis -Customer Statement Consolidation

Jakarta, Indonesia, April 04, 2012 --( Indonesia's largest bank, Bank Mandiri today announced the appointment of leading technology solution provider Bina Indonusa System and Banking Business Intelligence specialist iCreate Software for Business Intelligence-enabling the bank's Micro and Retail Banking.

This strategic project entails Consulting, Analytics, Software Development and Reporting Automation spanning Bank Mandiri's 3 key functions - Mass Banking (Value Chain division), E-Banking (EDC division) and Wealth Management. The engagement will be a collaborative effort, with Bina Indonusa System spearheading the project and iCreate providing the Business Intelligence / Analytics consulting and implementation expertise.

"We are delighted to partner with an iconic bank like Bank Mandiri," noted Mr. Robert Tjahyono Hadipuspito, President Director, Bina Indonusa System. "We are equally excited to blend our capabilities with iCreate's Banking Business Intelligence & Analytics expertise to implement a next generation information management ecosystem at Bank Mandiri."

iCreate's SVP and BU Head for APAC, Mr. Amit Agarwal added, "This is a matter of pride for us. I am pleased that our technology and domain expertise is aligned with Bank Mandiri's vision. I am confident that, together with Bina Indonusa System, we will establish a robust analytics and reporting framework that will help Bank Mandiri derive actionable insights, faster decision-making to achieve commendable business growth."

About PT. Bank Mandiri (Persero) Tbk.
Bank Mandiri is one of the foremost banks in Indonesia, providing services in the corporate, commercial, micro & retail, consumer finance and treasury, and financial institutions & special asset management segments. The bank’s subsidiaries consist of Mandiri Sekuritas (capital markets), Bank Syariah Mandiri (Shariah banking), AXA-Mandiri Financial Services (life insurance), Mandiri Axa General Services (general insurance), Bank Sinar Harapan Bali (micro, small, and medium enterprise sector) and Mandiri Tunas Finance (financing). As of December 2011, Bank Mandiri employed more than 27,305 staff, and operated 1,537 branches in Indonesia, and 7 branches/representative offices/subsidiaries overseas. The bank has approximately 8,996 ATMs, which were connected to 22,794 units of ATM Link network, and 92,903 Electronic Data Capture machines, in addition to offering a range of other electronic channels, including, Internet Banking, SMS Banking and Call Center 14000.

About PT. Bina Indonusa System
Part of the education conglomerate Bina Nusantara, Bina Indonusa System (BIS) was established as a key link between academia and industry to address the growing demand for skilled workforce. BIS today is a large and specialised technology provider of infrastructure, systems, applications and services across industry sectors with a diverse business portfolio that includes Technology Implementation, System Application Development, Multimedia Design, E-Remittance Systems, Mobile Financial Index Systems and Mobile Content Development, Internet Services, Data Centers and HR Outsourcing.

About iCreate
iCreate is a "BI for Banking" specialist headquartered in Bangalore, India, with an established presence in Africa, Asia-Pacific, Middle East and Europe. iCreate's unique, integrated Business Intelligence, Analytics and Performance Management solution, that integrates with standard banking systems, ensure banks have a fully functional Business Intelligence solution running in as little as 100 days, at the lowest TCO and with advanced solutions in areas such as Retail Banking, Corporate Banking, Analytics 360, etc. iCreate is a winner of several premier industry recognitions including the Red Herring Asia 100, Deloitte Technology Fast 500 Asia and the NASSCOM Emerge 50; an endorsement of its unique "Banking-specific Business Intelligence" proposition.
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iCreate Software
Niranjan Ananth

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