Actuate launches compliance product


Actuate launches compliance product

Antony Savvas

Actuate Corporation has launched its Actuate Financial Performance Management (FPM) solution to help firms comply with financial regulations such as Sarbanes-Oxley.

Actuate FPM directly integrates data from disparate data streams such as financial, human resources, revenue and budgeting and forecasting systems, to present on-demand reports for every employee with financial accountability.

The product’s features include a report library, organisational summaries, revenue and expense details, transaction details, headcount reports, cost centre commitments and process control reports.

Users can view reports and work within them in HTML, DHTML, PDF, RTF, Excel and XML formats.

The system can be integrated with systems such as PeopleSoft, SAP, Hyperion Essbase, DB2, SQL, Sybase and Oracle.

Actuate can be purchased for £85,000 for a 50 user licence or £315,000 for a 500 user licence. This pricing includes the Actuate iServer to process the reports.

Last week, Sun Microsytems and PricewaterhouseCoopers launched an identity management solution to also help companies comply with Sarbanes-Oxley and other regulations.

This solution is based around Sun’s Java System Identity Management Suite.

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