Standard Life Investments has signed a contract worth
£250,000 for software and services from
Coda-Financials to
replace spreadsheets with a scalable platform.
Standard Life Investments has chosen the browser-based Coda
package to improve the transparency of financial processes
and consolidate reporting to help the decision-making process.
The Coda product offers financial management systems, analysis
applications, and business process management and control software
for regulatory compliance. It is built on a service oriented
architecture and supports secure multi-country and multi-currency
capabilities, for financial services organisations operating
different subsidiaries.
Easy-to-access information and a flexible chart of accounts make
the whole process of reporting and analysis much simpler, according
to the supplier.
The initial contract includes licences for 40 finance users.
Standard Life Investments is a principal subsidiary of Standard
Life Group.
P&O adopts web accounts system
Comment on this article:
computer.weekly@rbi.co.uk