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Nucleus supports Indonesian banks

By Siyabonga Africa, ITWeb junior journalist
Johannesburg, 21 Jan 2009

Nucleus supports Indonesian banks

Nucleus Software Exports' product FinnOne has gone live at Bank Internasional Indonesia (BII) and will support over 235 branches of the bank, says Enterprise Applications.

The FinnOne will help the bank efficiently manage its credit, risk management and SME finance operations across Indonesia and provide greater turnaround time, credit scoring and targeted funding for small to medium enterprises (SMEs).

Nucleus goes on to say BII chose FinnOne to provide support on customer acquisition for SME so as to increase the applications sourced per day and streamline processes for customers. This service will help speed up BII's loan business, making it one of key players in SME business in Indonesia.

Xerox integrates Autonomy

Xerox is to integrate Autonomy's technology into its DocuShare Web-based content management platform, for an undisclosed amount, reports Share Cast.

The document management specialists will license Autonomy's Intelligent Data Operating Layer technology and integrate it into DocuShare accounts worldwide and into all future product releases.

Autonomy's product is an information governance solution that integrates with SAP R/3 to provide vital information to management.

SCOR shines at risk awards

Risk Magazine awarded SCOR with this year's "Insurance Risk Manager of the Year", states CNN Money.

The Risk awards are designed to recognise best practice and innovation in the risk management on financial and derivatives markets. The risk publication awarded SCOR for a proprietary software tool it developed called the Economic Scenario Generator (ESG).

The ESG is a software program that uses historical data of selected key variables for the most relevant economies in order to provide realistic economic risk scenarios and to determine how such economic risks could affect SCOR's assets and liabilities.

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