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PRESS RELEASES
Wells Fargo Calls on Sense Corp for Business Intelligence Solutions
8/1/2005 - Sense Corp announces a two-year partnership with Wells Fargo’s Home & Consumer Finance Group (HCFG). This consumer lending division generates 80% of Wells Fargo’s profits, and includes four businesses that are part of Wells Fargo & Company (NYSE: WFC). The partnership allows Sense Corp to lead the HCFG through a series of efforts to streamline content and data reporting on customers and services from the various divisions within the group.
Sense Corp recently completed an initial review phase of data requirements among the different lines of business within HCFG and presented short and long-term recommendations for consolidating data. The Sense Corp team is currently developing the physical design and architecture of an integrated reporting environment.
At the same time, Sense Corp is also providing data expertise in new reporting requirements as mandated by the Securities and Exchange Commission and developing strategies to maintain the financial group’s current data infrastructure.
"With a shared vision and roadmap, we will continue to successfully deliver HCFG’s reporting and analytical needs," explains Keat Wilkins, President of Sense Corp. "We are eager to embark on successfully implementing a sustainable data infrastructure to achieve this shared vision."
About Wells Fargo
Wells Fargo & Company is a diversified financial services company with $435 billion in assets, providing banking, insurance, investments, mortgage and consumer finance to more than 23 million customers from more than 6,000 stores and the internet (wellsfargo.com) across North America and elsewhere internationally. Wells Fargo Bank, N.A. is the only bank in the United States to receive the highest possible credit rating, "Aaa," from Moody’s Investors Service.
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