Case Study: Bank of Montreal achieves faster reporting and lower costs with Information Builders' WebFOCUS

BMO Bank of Montreal Slices Costs, Time With Web-Based Reporting

BMO Bank of Montreal faced slow, paper-based monthly reporting that left managers and analysts wading through stacks of reports and rekeying data, with performance results often arriving 15–20 days after month-end. The bank needed a faster, lower-cost way to give managers timely, drillable access to branch- and region-level metrics so they could spot problems and opportunities sooner.

Using Information Builders’ WebFOCUS, BMO developed the Web Monthly Progress Monitor (WebMPM) by reusing existing mainframe FOCUS code and tapping directly into mainframe databases—built by one developer in days. The web-based tool delivers data minutes after finance sign-off, enables instant drill-down to individual branches, saved hundreds of analyst hours each month, quickly grew to 100+ users by word of mouth, and earned industry recognition for its impact.

Bank of Montreal

John Veltkamp

BMO Bank of Montreal