QlikMarket Application Boosts Financial Services Industry by Delivering Quick Insights and Informed Decisions

  QlikMarket Application Boosts Financial Services Industry by Delivering
  Quick Insights and Informed Decisions

     QlikTech partner, IPC Global, develops Consumer LoanOwl Performance
                                 Application

Business Wire

RADNOR, Penn. -- June 25, 2013

QlikTech, (NASDAQ: QLIK) a leader in Business Discovery – user-driven Business
Intelligence (BI), today announced that IPC Global, a QlikView Elite Solution
Provider, developed a game-changing application, LoanOwl, for the banking and
financial services industry. LoanOwl benefits all areas of the consumer loan
underwriting department, as well as other supporting areas in sales,
operations, risk and compliance.

Developed solely with customer feedback in mind, LoanOwl delivers true
self-service BI with its intuitive and flexible user interface, enabling users
to get insights and valuable information from data that they never could
before. Organizations use LoanOwl to make quick and informed decisions as well
as optimizing loan processing performance. For example, institutions can now
use LoanOwl to closely track details about each loan and how loans are being
given per its underwriting guidelines or policy. Further, LoanOwl helps
management monitor employee performance based on various criteria determined
by each specific organization.

IPC uploaded LoanOwl to QlikTech’s QlikMarket, a web marketplace that delivers
an easy, interactive way for QlikTech customers to evaluate and acquire the
useful technologies and apps that leverage the QlikView Business Discovery
platform. Two customers implemented the application and saw actionable results
almost immediately:

  *Alpine Bank: Locally owned and operated, Alpine Bank has been serving
    Northern Illinois since 1908. With 15 locations, the bank offers financial
    products and services for consumers, small businesses, agricultural
    businesses and commercial companies and provides investment and financial
    services through Alpine Trust and Investment Group. Like many banks,
    Alpine had a lot of useful data locked away in various system databases
    and did not employ a database administrator trained in extracting crucial
    information. Alpine deployed LoanOwl to individuals throughout the
    organization within just three weeks. The results were immediate. LoanOwl
    offered a clear view of each loan customer in the bank’s Consumer
    portfolio and gave the bank a better overview of their decision process,
    while also providing the analytical tools needed. The organization
    primarily uses LoanOwl for auditing, loan review, compliance and loan
    tracking and the application has already saved them notable time on
    reporting, while greatly improving efficiency and quality.
  *BankPlus: With 60 offices in 33 communities in Mississippi, BankPlus is an
    independent community bank focused on providing the best possible service
    for customers and exceptional return on investment for shareholders. After
    experiencing reporting challenges, BankPlus implemented LoanOwl to gain a
    better grasp on its consumer loan processes, as well as credit
    administration and compliance. BankPlus credits LoanOwl for better
    management decisions, accurate data, improved staffing structure, and a
    decrease in hours spent working with IT for report writing. Further, the
    company could now see when and if it needed to override consumer loans and
    tweak its guidelines. Since purchasing QlikView, the company discovered
    additional use cases and have since obtained additional licenses for the
    further utilization across the organization.

“All of the LoanOwl’s feature functionality came directly from feedback we
received from our customers,” said Adam Krepistman, senior consultant and
enterprise solutions architect at IPC Global. “We heard the same pain points
over and over and therefore knew we needed to develop a tool that would
address their reporting challenges and provide improved insights into their
data and therefore operational processes. The organizations need to constantly
provide auditors and compliers with accurate data that can be aggregated
quickly and efficiently. QlikView allows us to develop applications that
deliver true self-service for anyone to use.”

“The banking industry is experiencing a fundamental change using’s QlikView’s
Business Discovery platform which provides self-service, user-driven BI to
entire organizations,” said Paul Van Siclen, Director of Market Development
for Financial Services at QlikTech. “IPC’s LoanOwl product unlocks origination
data and customers are able to increase revenue, reduce expenses and manage
risk & compliance with one app. We are very pleased to see IPC’s utilization
of QlikMarket as a powerful channel in our eco-system for both customers and
partners to meet.”

Headquartered in Atlanta, GA, IPC Global is an Enterprise Systems Integrator
and a QlikView Elite Solution Provider. The company focuses primarily on
providing Enterprise Intelligence (Governance, Applications, Data and
Environment) solutions to its customers. These Enterprise Solutions include
sales and architecture, project planning and management, custom development
and implementation, training and support services, six sigma and lean sigma,
as well as Enterprise Systems Planning & Management and Enterprise Support.
IPC Global was awarded Global Solution Provider Partner of the Year and North
American Solution Provider Partner of the Year at Qonnections 2013, QlikTech’s
Global Partner Summit. Of the hundreds of partners, IPC Global was recognized
for their investment and results in QlikView solution sales & marketing,
consulting services, training, and support and managed services.

About QlikTech

QlikTech (NASDAQ: QLIK) is a leader in Business Discovery—user-driven Business
Intelligence (BI). Its QlikView Business Discovery solution bridges the gap
between traditional BI solutions and inadequate spreadsheet applications. The
in-memory associative search technology QlikTech pioneered created the
self-service BI category, allowing users to explore information freely rather
than being confined to a predefined path of questions. Appropriate from SMB to
the largest global enterprise, QlikView’s self-service analysis can be
deployed with data governance in days or weeks. The QlikView Business
Discovery platform’s app-driven model works with existing BI solutions,
offering an immersive mobile and social, collaborative experience.
Headquartered in Radnor, Pennsylvania, QlikTech has offices around the world
serving approximately 28,000 customers in over 100 countries.

Qlik™, QlikView™, QlikTech™, and the QlikTech logo are trademarks of QlikTech
International AB which have been registered in multiple countries. Other marks
and logos mentioned are the trademarks of their respective owners.

Contact:

For QlikTech
Amanda Keane, 617-520-7260
akeane@webershandwick.com