OLAP market faces change
The online analytical processing market is heading for ‘cataclysmic change’ in next 18 months, according to Applix, which launched version 7.0 of its TM1 multidimensional database this month. Microsoft will be launching its own product, code-named Plato, in the autumn, along with a data interchange standard for OLAP, known as OLE DB. TM1 7.0 is the first product to comply with OLE DB and has been designed for accountancy-based modelling, said Applix.
Combined Systems Systems Union has linked up with manufacturing software supplier Glovia International to offer combined financial/manufacturing systems for mid-sized international companies. Glovia was formed last year as a joint venture between Fujitsu and MDIS. Systems Union has also bought the rights to the Spanlink business rules engine, which it plans to integrate with the next release of its SunSystems financials applications, due for launch in the autumn.
Todds taken over by Ibis Former Multisoft dealer Todds of Lincoln has been taken over by Ibis Systems. The deal, which covers the support and service of around 1,000 Multisoft users, follows the recent announcement that Multisoft’s parent company Sage will be promoting the US-developed State of the Art software as its top-line product, not Multisoft’s.
New package for pensions Pensions & Actuarial Services of London has launched Ssasman, a Windows-based package designed for managers of self-administered pension funds. The software manages the necessary documentation and accounts information.
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Company bosses are considering relocating operations or headquarters away from the UK following the country's decision to leave the European Union