Educational Credit Management Drives Regulatory Compliance With Informatica

PowerCenter data integration platform helps speed mandatory reporting to federal government by 90 percent

REDWOOD CITY, Calif., October 11, 2004—Informatica Corporation (NASDAQ: INFA), a leading provider of data integration software, today announced that the Educational Credit Management Corporation (ECMC) has successfully standardized enterprise-wide on the Informatica PowerCenter data integration platform. A leading guarantee agency for student loans, ECMC is leveraging PowerCenter across numerous integration projects to dramatically increase the timeliness of regulatory reporting and reduce operational costs associated with managing millions of loans every month.

“By driving more accurate and timely reporting, PowerCenter is helping us stay ahead of the compliance curve using fewer people,” said Greg Van Guilder, director of the Educational Credit Management Corporation’s finance group. “We now have a flexible integration platform that addresses the complex logic involved in our data integration projects, enabling us to provide a centralized source of trusted information for business visibility and compliance efforts organization-wide. As integration-driven projects proliferate at ECMC, Informatica is also helping us move towards an Integration Competency Center, or center of excellence, approach to data integration”

ECMC provides a range of services to students, schools and lenders participating in the Federal Family Educational Loan Program. At a minimum, its portfolio data must be reported monthly to the U.S. Department of Education. By implementing PowerCenter, ECMC slashed the time required to meet key reporting requirements by approximately 90 percent. This enables the reporting process to be run at any time on any day without affecting mainframe production systems, which in turn enables ECMC to now report weekly to the federal government.

“We’re pleased to have helped ECMC leverage the power of data integration to exceed the federal government’s reporting requirements,” said John Entenmann, executive vice president of corporate strategy and marketing at Informatica. “As with other financial services companies, we’ve also helped ECMC to consolidate and validate large quantities of complex data for strategic initiatives beyond compliance, such as risk management and customer insight.”

 About Informatica
Informatica Corporation is a leading provider of data integration software. Using Informatica products, companies can access, integrate, visualize, and audit their enterprise information assets to help improve business performance, increase customer profitability, streamline supply chain operations and proactively manage regulatory compliance. More than 2,000 companies worldwide rely on Informatica for their end-to-end enterprise data integration needs. For more information, call 650-385-5000 (1-800-970-1179 in the U.S.), or visit http://www.informatica.com/.

Note: Informatica and PowerCenter are registered trademarks of Informatica Corporation in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.