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Enabling Compliance - Excel Services saves financial services sector from data complexity

Published Date: 
Feb 28, 2007
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Reading – UK, February 28th 2007 - Microsoft and global IT services partner HCL have today announced the joint development and trials of a new range of solutions based on Excel Services. The tools are designed to alleviate the regulatory burden on financial institutions by ensuring greater control and clarity on data, informing risk reporting, derivatives processing, performance measurement and collateral management. The announcement follows a nine month combined research project between the two companies, and trials have already been successfully completed with three of the world’s most well-respected banks. 
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