Excel Services

Overview

Excel services is a new server technology included in the Microsoft Office SharePoint server 2007. This service development is a joint initiative between Microsoft and HCL's Penstock Product Engineering division to create common taxonomies using HCL's capabilities in capital markets and leverage Microsoft's new Excel Services/(MOSS) platform.

The reporting structure covers areas like risk reporting, securities financing, derivatives processing and market trends analysis. It is a server version of Excel that allows sharing, versioning and auditing of the workbooks that enable:

• Integration of Vector language
• Spreadsheets act as data warehouse
• Spreadsheets as an array store
• Grid deployment using spreadsheet
• Enterprise-oriented spreadsheets providing single-window to enterprise data
• Complete auditable and accountability with in-built and customized features

Business Benefits

The solution provides the best of traditional Excel and client server-based features that can easily run on grid for performance enhancements, with in-built auto compile, auto-validate and audit options. It can also enhance the capability to build rapid applications reducing the time to market. Other features:

• Enables one to load and perform calculations on a server
• Provides a server-side HTML rendering engine to display worksheets in a browser
• Provides integrated document and web content management with policies and workflow
• Has rich and web-based front-ends
• Provides enterprise scalability and rich data search options

• Financial Services