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Rabobank International signs for Microgen BPM suite

28 May 2008  |  2726 views  |  0 Source: Microgen

Information management Group Microgen is pleased to announce that Rabobank International (RI) has committed to Microgen Aptitude, the Group's integrated Business Process Management Suite (BPMS).

Microgen Aptitude's capabilities as a graphical tool for building and implementing complex business transformations and mappings within RI's wholesale and retail activities was a key factor in their choice of solution. With a number of branches and subsidiaries around the world, all operating their own general ledger infrastructure, the need to implement a more robust platform to handle current and future expansion was critical and fundamental in the efficient supply of consistent and timely financial and trade details.

Using Microgen Aptitude, RI can target growing regulatory and reporting requirements, centralise data, consolidate and meet senior managers needs for value added analysis, while supporting the company's long term strategy for financial data extraction, consolidation, processing and reporting.

Commenting on Microgen Aptitude Rabobank, Head of IS&D Finance IT, Peter Onvlee said: "Microgen Aptitude's ability to provide a consistent financial treatment of products, independent of source system, is particularly well- suited to a company such as ours. The solution also enables us to support multiple accounting standards, standardise events and enable users to write from a single source for multiple and different targets rapidly."

The extreme transaction processing capabilities of Microgen Aptitude has enabled Rabobank to move their account postings logistics to Microgen Aptitude for both automated and manual transactions. Microgen Aptitude's functions have also enabled Rabobank to include manual processes and the addition of high volume automatically processed accounting transactions.

Rabobank uses Microgen Aptitude's exception management facilities, which allows for simultaneous use across multiple continents. Rabobank is also able to ensure that via Microgen Aptitude, manual accounting operations follow the same rigor, accounting logic and audit route as fully automated postings.

Microgen Aptitude offers a BPMS approach that provides both Workflow and Transaction Process Management (TPM) in a single design and development environment that provides collaboration between business and IT users. As a truly integrated environment for BPM, Business Rules, Integration, Service Orientated Architecture (SOA), Business Activity Monitoring (BAM) and Simulation/Optimisation, Microgen Aptitude has been designed to address complex/high transaction volumes (XTP) with full transaction control. Its Event Driven Architecture within an SOA context enables companies investing in the solution to develop true composite applications.

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