Reinsurer Swiss Re (New York) will deploy Microgen's (London) Accounting Hub and Microgen Aptitude in an effort to consolidate its global accounting environment for asset management. Swiss Re plans to implement the Microgen software for its worldwide operations.
The Microgen Accounting Hub is a rules-based finance system that delivers accounting consistency and financial transparency at both an enterprise and a departmental level, according to the company. It supports multiple accounting standards across all currencies, enabling organizations to collate accounting information from disparate systems and standardize on one platform, increasing visibility into, and control over, their assets. Swiss Re will also implement a sub-ledger module to give rapid access to its profit & loss and balance sheet.
Microgen Aptitude provides the business process modeling and automation, business rules, data management, integration service orchestration and simulation functionalities that enable organizations to create a more agile and responsive IT infrastructure.
Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio