PeopleSoft, a global provider of eBusiness solutions, and Financial Technologies International (FTI) have announced a partnership that will deliver an enterprise-wide software solution for managing securities to financial institutions.
"The solution provides customers access to customised, analytic data via the internet and enables them to measure and manage profitability and risk," says Jan Coetzee MD of PeopleSoft South Africa.
The PeopleSoft and FTI solution allows organisations to monitor and consolidate securities positions and balances. Financial service employees will benefit from a single source of access to information for reporting, analysis, daily profit and loss statements for improved operational efficiencies and financial control.
"This initiative will combine PeopleSoft Financials with FTI`s `Streetledger` enabling transactions to be streamlined across all lines of business and information will be able to be distributed to users," continues Coetzee.
Coetzee concludes that the partnership is a natural match and that PeopleSoft`s eBusiness applications integrated with FTI`s real-time accounting solution, provide customers with the ability to effectively manage their operations and utilise strategic information to drive business strategies and results.
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PeopleSoft
PeopleSoft is a leading provider of eBusiness applications that enable customers, employees and suppliers to `people` power the Internet. PeopleSoft`s pure Internet Customer Relationship Management, Supply Chain Management and Enterprise Management solutions provide the industry`s most open and flexible e-commerce platform. PeopleSoft employs more than 7,000 people worldwide, including 2,400 eBusiness consultants. More than 4,500 organisations in 107 countries run on PeopleSoft eBusiness applications.