TechnologyBanking giant opts for OutlookSoft finance software

Banking giant opts for OutlookSoft finance software

London office of Japanese bank Mizuho goes for OutlookSoft finance performance management software

The London arm of one of the largest banks in the world has implemented
performance management software provided by
OutlookSoft .

Mizuho International
Plc
, the London-based securities and investment banking arm of
Mizuho Financial Group, says the new technology has already developed
significant benefits for the bank; helping to cut the budgeting process from
eight to six weeks and the monthly reporting process from three to two weeks.

The new system is compatible with Mizuho’s existing
Blowfish
encryption tool
. This uniformity has further enabled the Bank to
comply with critical security policies set forth by Mizuho’s risk control
department to protect employee salary data.

Mike Hawes, MD of OutlookSoft UK said: ‘The roll-out has helped the company
achieve greater information transparency and security resulting in tangible
business benefits.’

Further reading:

Financial Software Decisions – Management reporting

Firms should grasp software asset management nettle

IT standard to simplify software selection

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