Rhyme

Fri 27 Feb 2009

3i Infotech – Western Europe, a global provider of IT solutions, today announces the release of Reporting to Clients 2.0 – an enhanced version of its client reporting solution that covers the whole gamut of requirements from institutional and private client to retail and internal reporting.

As investors seek greater transparency in the wake of toxic securities and the Madoff case, data providers are under increased pressure to ensure that client reporting is of the highest quality. The latest version of Reporting to Clients includes new data provision and modeling – applications that will reduce the burden placed upon the data provider and add value prior to onward report generation. 

Reporting to Clients 2.0 incorporates further data collation and workflow tools, together with comprehensive monitoring screens to enable managers to view progress. The enhanced solution provides a simple yet powerful drag-and-drop definition screen that allows users to define processes to mirror their business processes. A task allocation facility allows for human interactive tasks to be allocated, completed and monitored via a standard Role - User - Task Workflow paradigm.

Ian Hallam, Product Director, 3i Infotech – Western Europe, commented, “The new functionality that we have incorporated into Reporting to Clients 2.0 builds on what was already a sophisticated and proven client reporting application. The enhancements are both a response to market demand and 3i Infotech’s objective of providing an innovative solution to make the client reporting process smoother and less onerous.”

  Data Provision & Data Modelling
  User - defined data tables – users can create and maintain their own
  data tables within the application’s database for use in the reporting
  process and can be used to define data that may not readily be
  available elsewhere

  Several enhancements have been made to the entity level of the
  modeling facility:

  Data Filters - simple filters have been added to enable the retrieval
  of a sub-set of data   from within a larger data set

  Data Pivot – provides the ability to pivot rows of data to assist
  charting
 
  Compulsory Data – enables the data within an entity to be
  specified as compulsory at an instance level helping to ensure data
  quality prior to report generation

  Reference Data – a new entity type of reference has been added
  and the ability to enhance dynamic data with reference data. This
  facility helps to provide consistency across data from differing
  sources by providing a common reference data pool
 
  Distinct Data – this simple facility enables entity data to be ‘unique’
  and is akin to the SQL DISTINCT function. This is useful to define data
  hierarchies from within flat data structures such as delimited files and
  thus provide greater flexibility of template design

  Data Collation and Workflow
  User Defined Processes - a simple yet powerful drag-and-drop
  definition screen has been provided that allows users to define
  processes that mirror their business processes. The design allows
  the business processes to be initiated on either an ad-hoc or
  scheduled basis
 
  Task allocation - the facility allows for human interactive tasks to 
  be allocated, completed and monitored via a standard 
  Role - User - Task Workflow paradigm. Workflow users are provided 
  with a task basket screen that guides them through their tasks as 
  dictated by the business process

  Process monitoring - when defining a process the anticipated
  time-lapse (task duration in some cases) can be added. This enables
  task-by-task monitoring against the expected completion time.
  Comprehensive monitoring screens allow managers to view progress
  through current processes as well as potential conflicts/bottlenecks
  across processes; via a diary viewer

  Message Centre - a message handling facility has been created for 
  internal, email and SMS messaging, with interfaces being written for
  two SMS service providers. Messaging in any form can be easily
  added to a business process definition