MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Fieldstone Mortgage Company, a wholly owned subsidiary of Fieldstone Investment Corporation (NASDAQ: FICC), has selected MicroStrategy as its enterprise standard
McLean, Va., (September 13, 2006) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Fieldstone Mortgage Company, a wholly owned subsidiary of Fieldstone Investment Corporation (NASDAQ: FICC), has selected MicroStrategy as its enterprise standard. Fieldstone Mortgage Company is one of the nation’s leading direct residential lenders that originates first and second lien mortgage loans through both wholesale and retail channels.
Fieldstone Mortgage initially selected MicroStrategy in 2005 to provide a small group of users with reporting and analysis capabilities for critical areas of the business. In early 2006, Fieldstone Mortgage expanded its deployment of MicroStrategy to address increased demand for more reports to more users. As a result of its success with MicroStrategy, Fieldstone Mortgage has now made MicroStrategy its business intelligence standard for the entire organization. MicroStrategy was selected because of its industrial-strength platform, analytical performance, and user-friendly reporting features.
“From our first application, we quickly realized the significant benefits of MicroStrategy’s reporting and analysis capabilities,” said John Camp, CIO of Fieldstone Mortgage Company. “We are delighted to make MicroStrategy available to our entire organization. The ability to rapidly create reports and modify report content to view different scenarios is extremely valuable in helping us to make analytically-based business decisions, in real-time.”
“We are pleased that Fieldstone Mortgage Company is achieving success with its business intelligence applications and has selected MicroStrategy as its enterprise standard,” said Sanju Bansal, MicroStrategy’s COO. “MicroStrategy’s flexible and scalable architecture provides customers with a broad spectrum of reporting options that can be delivered to large and diverse audiences across the enterprise.”
About Fieldstone Mortgage Company
Fieldstone Investment Corporation owns and manages a portfolio of non-conforming mortgage loans originated primarily by its mortgage origination subsidiary, Fieldstone Mortgage Company, and has elected to be a real estate investment trust for federal income tax purposes. Founded in 1995, Fieldstone Mortgage Company is a nationwide residential mortgage banking company that originates non-conforming and conforming residential mortgage loans through independent mortgage brokers serviced by regional wholesale operations centers and a network of retail branch offices located throughout the country. Fieldstone is headquartered in Columbia, Maryland. To find out more, please visit, www.fieldstonemortgage.com or www.fieldstoneinvestment.com.
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (NASDAQ: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy Business Intelligence Platform are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy