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SunGard Releases Investment Accounting in Business Intelligence Tool

28/03/2014 by

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iWorks is designed to enable insurers to turn raw financial data into analysis for investments, risk and compliance.

SunGard has released the accounting component of its iWorks Enterprise Financials solution, a cloud-based and mobile-enabled business intelligence tool that gives insurers the ability to transform raw financial data into actionable insights and timely analysis for investments, risk and compliance.

The accounting component gives chief financial officers the ability to gain greater visibility across their investment portfolios and sub-accounts, as well as transparency into specific portfolios down to the security level. In addition, multiple scorecards, chart and graphs, customizable to the account level, help offer further insight into portfolio positioning, cash flows and income streams.

“Insurers must manage a complex investment landscape and adapt to a changing regulatory environment in order to control risk, protect cash flow and increase revenues. The latest release of iWorks Enterprise Financials is helping insurers gain a deeper understanding of their investment portfolios, historical income trends, and potential changes to cash flow, while improving ROI from their compliance and risk management efforts”, John Vercellino, vice president, product management, SunGard’s iWorks Financials insurance solutions

This article has been extracted from http://www.bobsguide.com, please click on this link to read the article in full http://www.bobsguide.com/guide/news/2014/Mar/26/sungard-launches-investment-accounting-capabilities-within-its-iworks-enterprise-business-intelligence-tool.html

Montash is a multi-award winning, global IT recruitment firm. Specialising in permanent and contract positions across mid-senior appointments which cover a wide range of industry sectors and IT functions, including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Scientific Technologies, Demand IT and Business Engagement, Digital and E-commerce, Infrastructure and Service Delivery, Project and Programme Delivery.

With offices based in London, Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid-management in permanent and contract roles.

For more information please visit www.montash.com

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