Mitsubishi UFJ Securities International (MUSI) has adopted ClusterSeven’s technology to manage its business-critical spreadsheets in order to reduce operational risk.
MUSI has deployed the technology in the product control department of its London office with an initial license to manage up to 200MB of operational spreadsheets.
“We were experiencing vast growth in product and at the same time like most major organizations, we have large numbers of business-critical spreadsheets throughout the entire enterprise,” said Don Simpson, managing director in charge of operations and technology at MUSI. “It is vital for our business to keep our spreadsheets but facilitate use in a controlled manner. We wanted to reduce the time we spent trying to manage and maintain them without locking them down or reducing their effectiveness. ClusterSeven provided the catalyst for us to consolidate our spreadsheets and manage them properly just like any other business application.”