Kempen & Co Standardizes on WebFOCUS
Company Size
1,000+
Region
- Europe
Country
- Netherlands
Product
- WebFOCUS
- Professional Server
- Web Services Adapter
- Resource Governor
- iWay DataMigrator
- iWay adapters for RMS, Oracle, and Sybase
Tech Stack
- Business Intelligence
- Data Integration
- Data Migration
- Dashboard Creation
- Automated Reporting
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Cost Savings
- Productivity Improvements
- Revenue Growth
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
About The 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.
The 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.
The 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.
Operational Impact
Quantitative Benefit
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