For many international finance organisations there is a holy grail of a single system and standardised global processes that can deliver best practices and major efficiencies. But can a single platform meet all the diverse needs of the local businesses? Do the complexities, costs, delivery time and risk of global projects outweigh the benefits?
In this major feature on multinational asset finance technology Nic Evans explores:
- Snakes and Ladders: The benefits, pitfalls and critical success factors of global systems
- Go forth and Multiply: The functionality needed to support multinational finance applications.
- Travellers Toolkit: Management Tools and Techniques for Multinational projects.
Case studies of how vendors have faced the challenges of pan-European finance and achieved benefits.
- Baltic Exchange – CHP
- Single Focus – Codix
- One Size Fits None – NetSol
An abridged version of these articles appeared in Asset Finance International
(c) Nic Evans 2010. This Article may not be reproduced, in full or in part, without the prior permission of the author.