Information Builders Case Studies Kempen & Co Standardizes on WebFOCUS

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	Kempen & Co Standardizes on WebFOCUS Information Builders

Kempen & Co Standardizes on WebFOCUS

Information Builders

Technology Category	Analytics & Modeling - Real Time Analytics Application Infrastructure & Middleware - Data Exchange & Integration Functional Applications - Enterprise Resource Planning Systems (ERP)
Applicable Industries	Finance & Insurance
Applicable Functions	Business Operation
Use Cases	Predictive Maintenance
Services	Data Science Services System Integration
Challenge	Kempen & Co, an independent Dutch merchant bank, was facing challenges in synthesizing new and old information into a cohesive reporting environment that simplifies account management, risk management, and financial reporting. The company was operating in a highly regulated business environment requiring constant oversight by managers. The company's activities required comprehensive reporting tools that let employees drill down into current information about customers, profitability, and myriad operational details. However, Kempen’s managers had problems accessing information from an HP Alpha OpenVMS system. Read More
About Customer	Kempen & Co is an independent Dutch merchant bank that provides financial services in asset management, corporate finance, and securities brokerage. The bank has a strong track record of developing long-term client relationships based on customized, high-quality advice. The bank operates in a highly regulated business environment that requires constant oversight by managers. The bank's activities require comprehensive reporting tools that allow employees to drill down into current information about customers, profitability, and various operational details. Read More
Solution	Kempen & Co chose WebFOCUS to expand its capabilities. About 150 Kempen & Co employees currently use the WebFOCUS enterprise-scale business intelligence (BI) platform from Information Builders to consolidate information into a user-friendly reporting, analysis, and information-delivery environment. Leveraging the proof of concept, Kempen created a financial information dashboard that draws information from Kempen’s billing application, central fund registration system, broker information system, trading system, general ledger (GL), and customer relationship management (CRM) system. Thanks to WebFOCUS’ Alert Reporting feature, Kempen’s account managers do not have to continually peruse reports for information. When certain predefined conditions are met, WebFOCUS generates reports automatically and distributes them to the pertinent individuals. Many Kempen employees use WebFOCUS dashboards to run reports on demand. For example, financial officers use WebFOCUS to view information in CODA financial management software, which contains general ledger, accounts receivable (AR), accounts payable (AP), and other core financial functions. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Real Time Analytics

Application Infrastructure & Middleware - Data Exchange & Integration

Functional Applications - Enterprise Resource Planning Systems (ERP)

Applicable Industries

Finance & Insurance

Applicable Functions

Business Operation

Use Cases

Predictive Maintenance

Services

Data Science Services

System Integration

Challenge

Kempen & Co, an independent Dutch merchant bank, was facing challenges in synthesizing new and old information into a cohesive reporting environment that simplifies account management, risk management, and financial reporting. The company was operating in a highly regulated business environment requiring constant oversight by managers. The company's activities required comprehensive reporting tools that let employees drill down into current information about customers, profitability, and myriad operational details. However, Kempen’s managers had problems accessing information from an HP Alpha OpenVMS system.

About Customer

Kempen & Co is an independent Dutch merchant bank that provides financial services in asset management, corporate finance, and securities brokerage. The bank has a strong track record of developing long-term client relationships based on customized, high-quality advice. The bank operates in a highly regulated business environment that requires constant oversight by managers. The bank's activities require comprehensive reporting tools that allow employees to drill down into current information about customers, profitability, and various operational details.

Solution

Kempen & Co chose WebFOCUS to expand its capabilities. About 150 Kempen & Co employees currently use the WebFOCUS enterprise-scale business intelligence (BI) platform from Information Builders to consolidate information into a user-friendly reporting, analysis, and information-delivery environment. Leveraging the proof of concept, Kempen created a financial information dashboard that draws information from Kempen’s billing application, central fund registration system, broker information system, trading system, general ledger (GL), and customer relationship management (CRM) system. Thanks to WebFOCUS’ Alert Reporting feature, Kempen’s account managers do not have to continually peruse reports for information. When certain predefined conditions are met, WebFOCUS generates reports automatically and distributes them to the pertinent individuals. Many Kempen employees use WebFOCUS dashboards to run reports on demand. For example, financial officers use WebFOCUS to view information in CODA financial management software, which contains general ledger, accounts receivable (AR), accounts payable (AP), and other core financial functions.

Impact #1	Kempen & Co has reduced costs
Impact #2	Enhanced the quality of business analysis
Impact #3	Increased revenue

Impact #1

Kempen & Co has reduced costs

Impact #2

Enhanced the quality of business analysis

Impact #3

Increased revenue

Benefit #1	Today nine people in the finance department access WebFOCUS reports through a dashboard to complete the monthly reporting cycle within three or four days after the end of each month.

Benefit #1

Today nine people in the finance department access WebFOCUS reports through a dashboard to complete the monthly reporting cycle within three or four days after the end of each month.

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Overview

Kempen & Co Standardizes on WebFOCUS

Operational Impact

Quantitative Benefit