ClusterSeven Expands International Usage to 11 Countries.International footprint across five continents reflects financial industry's need for tighter control of financial transactions under difficult market conditions LONDON & NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- ClusterSeven, an international provider of strategic spreadsheet and data management software for financial institutions and Fortune 500 financial reporting divisions, announced that financial institutions in 11 countries on five continents now use its Enterprise Spreadsheet management solution. Demand continues to grow due to the industry's need for stricter operational controls and more comprehensive risk management requirements. ClusterSeven now has licensed users in the following countries: Argentina, Brazil, Canada, Chile, Mexico, Netherlands, Russia, Singapore, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , the United Kingdom and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . More are expected to follow before the end of the year. With consumer confidence in financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. severely undermined by multiple control failures, there is extreme pressure for financial institutions to demonstrate best practices in governance and risk management to their auditors, thereby ensuring full operational transparency (1) The quality of being able to see through a material. The terms transparency and translucency are often used synonymously; however, transparent would technically mean "seeing through clear glass," while translucent would mean "seeing through frosted glass." See alpha blending. . In the past, end user applications, most commonly spreadsheets and Microsoft Access A database program for Windows, available separately or included in the Microsoft Office suite. Access is programmable using Visual Basic for Applications (VBA). Access can read Paradox, dBASE and Btrieve files, and using ODBC, Microsoft SQL Server, SYBASE SQL Server and Oracle data. [R] Databases, were a hidden area of activity. "ClusterSeven's sales in 11 countries demonstrates that spreadsheet management is now a global requirement," said Ralph Baxter, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ClusterSeven. "Spreadsheet risk has been revealed as a common threat to financial institutions throughout the world. Our expansion in a down economy illustrates that many organizations are aggressively rectifying any issues they have regarding the integrity of important financial data." About ClusterSeven ClusterSeven (London and New York) provides enterprise-wide, strategic spreadsheet and data management software to financial institutions and Fortune 500 financial reporting divisions. ClusterSeven's software non-intrusively monitors and tracks spreadsheets to enable users to more effectively manage governance, risk and regulatory compliance obligations in order to generate revenue, enhance staff efficiency and boost productivity. For more information about the company, visit www.clusterseven.com. |
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