Friday, September 26, 2008

blog post # 5

As a topic before KBS, DSS and VO, identify and describe one company that adopts an MIS. Include in your discussion, how MIS help and support the company, its managers and other employees, in their problem solving and decision-making.


EastWest Bank has selected an integrated approach to its Financial Transformation Program, using the proven and mature business data model that is key to the working of the Financial Studio platform. The Financial Studio solution includes an extensive list of standard management reports that allow for in-depth profit, cost and risk analysis and for tracking facilities through flexible drill-through functionality.With the advent of more complex and detailed reporting required by EastWest Bank senior management for business planning, and by the Bangko Sentral ng Pilipinas (BSP) for compliance, the Bank decided to embark on a search for a flexible system capable of meeting current and future requirements.After about six months, the Bank will realize the benefits of better data quality, fully reconciled and auditable reports, granular and dynamic MIS and a comprehensive and flexible sub-ledger.


Reference:
http://www.finextra.com/fullpr.asp?id=20240

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