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Doral Bank selects DataMentors to provide Data Quality and Business Intelligence analytics software


TAMPA, Fl - June 6, 2008- DataMentors, a leading data quality and data integration service provider has been selected by Doral Bank of Puerto Rico to provide data quality and business intelligence analytics to enhance its customer service and overall bank patron experience.

Doral Bank, with forty-three branches, is the only community bank in Puerto Rico.  Its ongoing commitment to remain customer-centric to its patrons prompted Doral to proactively become more closely acquainted with its customers and their unique financial needs.  Derek Chung, Doral VP, Enterprise Customer Analysis said choosing DataMentors' suite of DQ and BI solutions insures the financial institution maintains a highly detailed and current profile of its customers, which will result in a more personalized banking experience as well as greatly improving risk assessment.  

Doral Bank utilizes DataMentors' combined DataFuse and PinPoint software solution as a hosted application, processing in excess of six million records annually.  "We are extremely impressed with the flexibility, robust functionality and security of DataMentors' SaaS solution bundle and expect to see substantial improvements in database quality and the subsequent accuracy of our relationship marketing initiatives," said Chung.
 
"We are delighted to have been selected by Doral Bank to provide all of its data quality and business intelligence analytics solutions, which we expect will further enhance Doral's continued growth," said Bob Orf, DataMentors' president.

About Doral Financial Corporation
 
Doral Financial Corporation (NYSE:DRL) is a diversified financial services company engaged in mortgage banking, banking, investment banking activities, institutional securities and insurance agency operations. Its activities are principally conducted in Puerto Rico and in the New York City metropolitan area.
 
For more information visit Doral Bank on the web: www.doralbank.com/en/default.aspx or Contact: Lucienne Gigante, Vice President, Public Relations +1.787.749.7000

About DataMentors

DataMentors is a provider of database preparation and maintenance marketing solutions featuring DataFuse, ValiData, PinPoint, and Professional Services. These services are used individually or as an integrated end-to-end turnkey database solution for a clean, highly granular and accurate 360-degree view of the customer through data validation, transformation, standardization and householding.  Offered as either a customer-premise installation or ASP delivered solution DataMentors leverages proprietary data discovery, reporting and analysis, campaign management, data mining and modeling practices, identifying insightful customer sales and marketing directions. 

 

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DataMentors, DataFuse, ValiData and PinPoint are registered trademarks of DataMentors
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