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Rabobank selects OST Business Rules for finance reporting

07 May 2002  |  1238 views  |  0 Rabobank selects OST Business Rules for finance reporting

Rabobank Group Treasury Services (GTS) has selected OST Business Rules to further integrate systems in London and Utrecht and improve GTS' financial reporting capabilities.

The new architecture will provide a single real time source of data across London and Utrecht systems that allows finance to produce reports in a more timely and cost-effective manner, says the company.

The first phase of the project will integrate the Rabo trade capture system, OMR, with a PeopleSoft General Ledger and PeopleSoft EPM, using IBM MQSeries for messaging, Oracle 8.1.7 and Sun Microsystems Solaris 8.

Andrew Bennett, director, Rabobank GTS, comments: "Finance needs to support the business by providing daily P&L and funding information at the most granular level of detail. By re-engineering our systems in this way we will be able to meet our key objectives of delivering timely, accurate and complete information."

The new architecture is planned to go live later this year.

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