LANHAM, Md. and CHICAGO, December 20, 2007 - Initiate Systems, Inc., and Group 1 Software, Inc., a Pitney Bowes company [NYSE: PBI], today announced a strategic alliance to jointly market a master data management (MDM) solution. This solution will comprise the Initiate Master Data Service™ Platform for accurate matching and linking of data and Pitney Bowes’ Group 1 customer data quality (CDQ) platform with third party reference data for up-to-date names, addresses and other data.
The combined solution improves the overall value of customer data integration (CDI) and MDM initiatives. Initiate identifies all of the data entities and builds a comprehensive view of the data associated with those entities, while Pitney Bowes helps ensure the address data attributes associated with those entities are correct and up-to-date. This single, accurate, enterprise-wide view of the customer will help companies make better business decisions, strengthen customer relationships and improve the bottom line.
“Combining Pitney Bowes Group 1 Software’s CDQ platform and Initiate Systems’ high-performance, matching and linking software will provide a complete, end-to-end MDM solution for companies seeking to sharpen their business decisions and deepen their customer relationships,” said Christopher Baker, president of Pitney Bowes Group 1 Software. “Improving data quality, integration and management across the enterprise can have an immediate impact on the bottom line.”
Initiate Systems’ President and CEO Bill Conroy said interoperability between the Initiate Master Data Service integration platform and Pitney Bowes’ Group 1 Software CDQ data platform can accelerate the deployment of an integrated MDM solution and the realization of business value from such a project.
“The combined offering will help businesses validate, standardize and augment all of their customer data so it becomes high-value information,” Conroy said. “It provides access to accurate and complete views of customer information, inside the firewall, in real-time, regardless of the size of the enterprise.”
About Group 1 Software
Group 1 Software (www.g1.com) turns data into results, providing innovative software solutions that enable our clients to better understand and connect with their millions of customers, prospects, and partners. Group 1 Software helps over 3,000 organizations maximize the value of customer data to improve profitability, increase effectiveness, and strengthen customer relationships, through consolidating, cleansing and enriching corporate data, and generating personalized business documents for multi-channel delivery, customer care and efficient business processing. Our comprehensive Customer Communication Management (CCM) solutions span from database to delivery, adding value to every aspect of communication and allowing clients to integrate intelligence throughout their mailstream. As part of Pitney Bowes (NYSE: PBI), a $5.9 billion company, Group 1 Software’s solutions are utilized by leaders in the insurance, financial services/banking, GIS/mapping, government, mail services, retail, telecommunications, utility, and other industries, including Entergy, ING, L.L. Bean, MapQuest, Microsoft, Safeco Insurance, Wal-Mart and Wells Fargo.
About Initiate Systems
Initiate Systems, Inc., enables organizations to strategically leverage and share critical data assets. Its Master Data Management (MDM) software and experience as an information exchange leader provide organizations with complete, accurate and real-time views of data spread across multiple systems or databases, even outside the firewall. This allows companies to unlock the value of their data assets for competitive advantages or operational improvements. Initiate Systems operates globally through its subsidiaries, with corporate headquarters in Chicago and offices across the U.S., and Toronto, London and Sydney. For more information, visit www.initiatesystems.com.