RPMI Railpen meets deadline on enhanced quarterly reports using new Reporting as a Service® solution from Opus Nebula

RPMI Railpen meets deadline on enhanced quarterly reports using new Reporting as a Service® solution from Opus Nebula
25.05.2017 11:45 am

RPMI Railpen meets deadline on enhanced quarterly reports using new Reporting as a Service® solution from Opus Nebula

Data , Audit and Reporting , Data Management

RPMI Railpen (Railpen) has selected and implemented Opus Nebula’s Reporting as a Service solution for its client investment reports. The Reporting as a Service® solution replaces a legacy reporting system and Railpen’s clients will now benefit from richer report content and shorter delivery times. The solution was delivered on time and within the original project budget.

Railpen was advised in late 2015 that their existing reporting solution was being withdrawn at the end of 2016. They had to select, implement, test and launch a new reporting solution within a year. If that wasn’t challenging enough they also wanted to review and improve the report content.Following a robust selection process, including a proof of concept, contracts were signed with Opus Nebula in July 2016. 

For the remainder of the year as data feeds evolved from Railpen to feed the new format of a report, the capabilities of the new pack evolved iteratively with regular demonstration and review. Speed and ease of on-boarding are proven characteristics of Opus Nebula’s Reporting as a Service® offering, which enables significantly faster, more cost-effective deployment than is possible with traditional client reporting system implementations.

Geoff Smith, IT Programme Manager at Railpen, commented: “The speed and ease that Opus Nebula were able to on-board Railpen to their Reporting as a Service® solution was very impressive. Implementation of a traditional buy and build model would simply not have been possible in the timeframe. However, despite being fast to deploy, there is no compromise on report flexibility and quality. Throughout the project Opus Nebula’s ongoing support and responsiveness was a significant factor in helping us to meet our deadlines. Opus Nebula has enabled Railpen to fully automate the reporting processes leading to significant improvement in the consistency and quality of reports, while simultaneously reducing process risk. We are now able to deliver a superior level of service to our clients with greater cost efficiency.”

Related News

TIBCO Identified as a Leader in the 2020 Digital Business Platforms Report by Aragon Research

TIBCO Software Inc., a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business... Read more »

BMLL selects EOSE to Bolster Distribution of their Derived Data Product

EOSE, provider of outsourced market data solutions, today announced that the firm has entered into an agreement with BMLL Technologies, the data engineering and analytics firm... Read more »

SIX partners with Crux Informatics to deliver core datasets in a cloud-based platform

SIX, the Swiss financial data expert, announces its partnership with Crux Informatics to provide a state-of-the-art managed market data solution which removes... Read more »

Spectra Helps Customers Modernise IT Architectures with StorCycle Software 3.0 and Enhancements to its Data Storage Portfolio

Spectra Logic, a leader in data storage and data management solutions, today announced that StorCycle, its new Storage... Read more »

Beyond.pl Data Center 2 is re-certified for Rated 4 Standard

Beyond.pl (www.beyond.pl), a leading data center operator based in Poznan, Poland,  has successfully been recertified as Rated 4 according... Read more »

Alibaba Cloud and Multi-Lingual Support from the Global MediXchange of Combating Covid-19 (GMCC) programme

Over 440 medical institutions from 104 countries and regions have applied to learn and share experiences in battling COVID-19 through the ... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel