The system should enable businesses to deal with ever-shifting regulatory and compliance issues.

'With changing legislation, increasing demands for accountability and new accounting standards, businesses are operating in an environment of constant flux,' according to Assetware MD Richard Fisher.

'Responsiveness and flexibility are key, and these are the principles which have driven the design of Assetware Manager. It is very easy to customise, so that the system fits the way an organisation works rather than, as with so many other products, an organisation having to bend its methods to fit the system.'

The product's key features include multi-level analysis structures, user-defined asset 'views', multiple books, multi-currency, quick installation, and easy migration of existing data.