In response to shifting regulatory and financial requirements, ING London (ING Bank NV, London Branch) will implement Microgen (Fleet, UK) Aptitude in its finance division, according to a press release. The wholesale banker expects the solution's workflow and exception management tools to increase automation and provide a more flexible environment for responding to shifting banking requirements.
Aptitude provides business users with the ability to define business rules associated with accounting and reporting logic for complex financial investments via its graphical interface, the vendor says. "Microgen Aptitude also delivers the high volume transaction throughput and transaction integrity required in financial services today," Elizabeth Sipiere, managing director, finance, Microgen suggested in the press release. "Full audit trailing and transparency enables clear oversight of controls and processes required by current and emerging legislation."