FICS Begins Roll Out of Business Objects' Business Intelligent Tools With Mortgage Servicer Solution

DALLAS, Feb. 26, 2008 - Financial Industry Computer Systems, Inc. (FICS), a mortgage technology specialist that provides in-house residential origination and servicing technology and commercial servicing technology to the mortgage industry, announced at the MBA National Servicing Conference the recent roll out of BusinessObjectsTM Enterprise Professional (BOE) and Crystal Reports® XI to users of its residential mortgage loan servicing system, Mortgage Servicer.

The business intelligence tools from Business Objects, the world's leading provider of business intelligence (BI) solutions, replace CA., Inc.'s EUREKA:Reporter and further meet the existing needs of FICS' Mortgage Servicer customers.

“Converting to the new reporting solution has proven to be a positive move,” said Jean Wunsch, controller, Mabsco Capital Inc. “The new system is more user-friendly and offers additional functionality that will save our employees a tremendous amount of time when generating and customizing the various reports that are required in the mortgage servicing industry.”

With BusinessObjects Enterprise Professional, Mortgage Servicer users can manage and deploy tools for reporting, query and analysis, and performance management. Crystal Reports XI, part of the BusinessObjectsTM XI platform, delivers easy report design, simple report maintenance and data access.

“We are pleased to begin deployment to users of the Mortgage Servicer system,” said Dawn Gibbs, president and CEO of FICS. “Providing our Mortgage Servicer users with a new business intelligence tool will not only meet their existing needs but also offer additional benefits and solutions that will enable them to succeed in today's ever-changing lending arena.”

FICS will be deploying the roll out of BusinessObjects Enterprise Professional and Crystal Reports XI to its customers in three phases. Following the roll out to Mortgage Servicer customers, FICS will deploy the solution to its customers using its commercial mortgage loan servicing system, Commercial Servicer and then to those customers using, Loan Producer, FICS' residential mortgage loan origination system.

About Business Objects

Business Objects has been a pioneer in business intelligence (BI) since the dawn of the category. Today, as the world's leading BI software company, Business Objects transforms the way the world works through intelligent information. The company helps illuminate understanding and decision-making at more than 44,000 organizations around the globe. Through a combination of innovative technology, global consulting and education services, and the industry's strongest and most diverse partner network, Business Objects enables companies of all sizes to make transformative business decisions based on intelligent, accurate, and timely information.

Business Objects has dual headquarters in San Jose, Calif., and Paris, France. The company's stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock exchanges. More information about Business Objects can be found at

The Business Objects logo, BusinessObjects Crystal Reports, Crystal Decisions, Web Intelligence, Intelligent Question, and Xcelsius are trademarks or registered trademarks of Business Objects in the United States and/or other countries. All other names mentioned herein may be trademarks of their respective owners.

About FICS

Founded in 1983 and headquartered in Dallas, Texas, Financial Industry Computer Systems, Inc. (FICS), specializes in providing flexible, comprehensive residential and commercial technology solutions to the mortgage industry. FICS' systems are designed for Microsoft® Windows® with the most recent solutions using .NET framework that include a rich Windows® Presentation Foundation user interface and multi-tiered shareable services. The company also provides innovative document management and web-based capabilities into its full suite of products. Additional information about FICS is available via the company's website at

Financial Industry Computer Systems