Finsbury Solutions, a leading supplier of spreadsheet management and compliance software to the financial services sector, today announced the launch of the market's first enterprise-wide spreadsheet management solution specifically designed for implementation on Microsoft SharePoint 2007.
Spreadsheet Workbench, Finsbury Solutions flagship spreadsheet management system, has been architected to offer seamless integration with SharePoint and enhanced functionality for improved spreadsheet control, risk management and compliance across organisations.
Jeremy Wood, director and co-founder, Finsbury Solutions, comments: "Microsoft SharePoint is the system of choice for enterprise document management and collaboration and by enhancing Spreadsheet Workbench to seamlessly extend SharePoint's spreadsheet functionality, we have created a powerful solution for the management and control of business critical spreadsheets, from a single environment.
"Spreadsheet Workbench is quick to deploy, easy to use and cost effective. It enables organisations to reduce manually intensive spreadsheet based processes and assists with a wide range of business functions including audit, risk and compliance, trading, operations, finance plus client and regulatory reporting. "
Spreadsheet Workbench's enhanced functionality includes:
- A spreadsheet management portal for rapid and remote deployment, enabling organisations to quickly and cost effectively rollout the solution throughout their operations globally.
- A high performance spreadsheet comparison and analytic server for fast analysis of large and complex spreadsheets. This allows financial institutions to quickly identify spreadsheet problems, highlight irregularities and ensure compliance.
- Spreadsheet key performance indicators for improved spreadsheet data transparency and the provision of real time management alerts set against user defined business criteria.
- High availability deployment options provide increased resilience and disaster recovery capabilities for critical spreadsheet applications.
Bruce McKee, industry partner manager, Microsoft Financial Services, adds: "Spreadsheet Workbench provides a scalable solution with powerful al analytic and monitoring capabilities that complement SharePoint Server 2007 and allow organisations to manage detailed and complex spreadsheets."