Deutsche Bank has commenced Business Control Solutionss global roll-out of BCS Integrity in its Asia-Pacific branches. This software deployment in Deutsche Bank’s Asia-Pacific branches is the first phase of a global project, which will ultimately span 40 countries, 3,000 users and more than two million accounts.
“This implementation is testament to just how seriously Deutsche Bank takes its financial control,” says says Nigel Walder, CEO of Business Control Solutions. “Moreover, it demonstrates the bank’s commitment to constantly driving control improvements, while reducing operational costs. As this roll-out continues, we remain focused on further developing Integrity with the aim of it becoming the industry’s de facto account substantiation solution.”
Having been a long-term client of BCS Operational Control Architecture (OCA), which monitors control hotspots and highlights issues as they arise, Deutsche Bank chose to deploy its newly developed financial control software, BCS Integrity. This provides users with full visibility of accounts, and can quickly and easily generate intra-day management information reporting. The system, which also supports offshore operations, provides detailed audit reports documenting all account activity.
BCS Integrity’s functionality enables the user to standardise its reporting processes around account substantiation, track and manage account ownership more efficiently, as well as consolidate data across a variety of systems in multiple locations on a single platform.