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Issues Benefits Advantages

ISSUES


Leading financial institutions and risk controllers using Front-to-Back software packages spend too much time on manually comparing data rather than on running the business; with usually:

- Poor quality results
- Time to production pressure
- Limited test coverage
- Inappropriate or limited tools

They also face other big challenges:

- Strong needs for time-consuming-reporting too often manually produced
- End-of-day routines (night batches) to be completed under high time pressure
- Low budgets allocated to control
- Dependency on key personnel
- High risks for human errors
- Important personnel turnover with insufficient in-house retained knowledge
 

BENEFITS

Sound, proven, and standard Open Source technology

• K-PAX is very easy to use and implement: A couple of hours are all you need to get familiarised
• Zero risk: K-PAX only manipulates copies of production data!
• K-PAX has no limitations (comparing millions rows reports just works fine!)
• Easy transportability/use of data: Single repository for all systems in a common SQLite format
• Get instant report comparison to previous executions: new, cancelled, and modified deals, delta on P&L or basically any key figure or data change!


ADVANTAGES

Get your Return On Investment within a few days or months

• K-PAX will help you save recurrent time and money
• Integrate patches better, faster, & easier
• Cost reduction and elimination of risk associated with manual work and errors
• Automation of non-core business tasks
• You can use K-PAX for several software packages at the same time
• Less redundancy and better reporting activity
• Shorter time to production in implementation and migration projects
• Faster and global access to higher quality and more consistent data

 

 




 

 
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