Financial Studio Sub-Ledger helps to keep the General Ledger lean and efficient, providing analytical capabilities, normally not practical within the General Ledger-only architecture. Since its Sub-Ledger captures the full details of transactions and supports advanced drill-down and drill-through features a full audit trail for individual transactions and trading positions is always available.
The detailed ledger, combined with DrKWâs rule-based multi-GAAP derivation process, will provide a rock-solid foundation for the bankâs financial and management reporting requirements.
DrKW in London and New York has already adopted the Financial Studio solution as their single target platform and is now working in close partnership with FinArch to develop a system that will enable integrated and automated, internal and external analysis and reporting processes across the investment bank.
"This partnership with FinArch will facilitate a truly integrated finance platform across the bank and enhance efficiency, controls and alignment of our business," says Dresdner Bankâs Infrastructure Finance Programme Director, Stefan Schmid.
"With this project, we have leveraged the potential that has been built into our Financial Studio solution from the beginning," says FinArch CEO, Dirk De Beule. "Projects like this enforce the global scope of FinArch as a multinational organisation."