Tech Bytes: HNC Rolls Out Updated Profitability System

HNC Software Inc. has unveiled a new version of its ProfitVision profitability analysis system for large financial institutions. The San Diego company's HNC Financial Solutions unit said the release takes what was previously a smaller-bank program "up market" while also being compatible with the company's widely used predictive software tools.

ProfitVision is a product of Financial Technology Inc., which HNC acquired last April. It can run with Oracle Corp. data bases, a full range of server options, and Micro Strategy Inc.'s decision support technology.

"The successful management of customer relationships is essential to survival in today's financial services market, and accurate profitability information is the key," said Michael S. Chiappetta, executive director of profitability products at HNC Financial Solutions. With Micro Strategy's DSS Web and DSS Agent, "any manager anywhere has instant access to ProfitVision's comprehensive information about the profitability of every customer, relationship, product, and business unit."

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