Saturday
Jul242010

Manigent Announces Unique SharePoint Application for Performance & Risk Management

StratexPoint™ Combines Powerful Analytical & Web 2.0 Collaboration Capabilities

London – November 2, 2009 – Manigent, a thought leader in performance and risk management, today announced the availability of a unique application that empowers companies to effectively grow in economic challenging times and meet more intrusive regulatory environment that has begun to emerge as a result of the credit crunch.

StratexPoint was developed on Microsoft’s market-leading SharePoint 2007 platform and leverages Manigent’s Risk-based performance™ methodology. It integrates and aligns performance and risk management within a single, Web 2.0 application, enabling organisations to take an integrated, enterprise-level approach to tracking and managing performance objectives, risks and controls.

Manigent co-founder and Managing Director Andrew Smart said: “Organisations need a different type of performance and risk management solution - one that is based on a sound approach and the leading SharePoint technology platform. Functioning both as a business intelligence solution and a knowledge management solution, StratexPoint makes it easy to leverage SharePoint to deliver strategy, achieve performance targets, and manage risk.”

Leveraging the Power of SharePoint

StratexPoint is the only SharePoint 2007 application for performance and risk management, leveraging SharePoint’s powerful collaboration, workflow, auditing and document management capabilities. StratexPoint leverages SQL Server, Excel Service and PerformancePoint services to deliver powerful reporting, dashboarding and analytical capabilities.

Key Benefits

•    Deliver strategy and achieve performance targets 
•    Manage risk exposure against risk appetite 
•    Reduce costs by mitigating risk-related losses and eliminating misaligned projects 
•    Improve regulatory compliance, as well as capital management and utilisation 
•    Ensure compliance to TCF and other regulatory guidelines

About Manigent

Manigent is a different type of consultancy, one that bridges the gap between traditional management consultancies and technology vendors. We are a performance and risk management specialist delivering integrated business and technology solutions.

Through the combination of our thought leadership approach, Risk-based performance and unique software application StratexPoint, we are able to reduce our client’s project costs by, on average 30%, whilst improving the achievement of performance targets, reducing risk related losses and improving the cost and allocation of capital.

About StratexPoint

Manigent’s StratexPoint™ is a unique performance and risk management application combining powerful analytical and collaboration capabilities. Developed on Microsoft’s market leading SharePoint 2007 platform, StratexPoint is the only application specifically designed to integrate and align performance and risk management. It allows organisations to take an integrated, enterprise-level approach to managing and monitoring their performance objectives, risks and controls.

About Risk-based performance

Manigent’s Risk-based performance™ methodology is a proven strategic execution methodology which was developed by Manigent, in conjunction with its clients in the financial services industry. Building on the Balanced Scorecard and COSO frameworks, Risk-based performance integrates and aligns performance and risk management processes to enable organisations to manage the trade-off between risk and reward, and drive strategic execution.

For more information about Manigent, visit www.manigent.com.

Download the press release here

- ENDS -

Contact: 
Andrew Smart 
Manigent 
t +44 (0)20 7921 0022 
andrew.smart(at)manigent.com 
www.manigent.com

Saturday
Oct182008

Painful reminder – Barclays Spreadsheet error results in Lehman chaos

The danger of spreadsheet errors and the risk it poses to organisations was exposed in this article.
Due to an spreadsheet related error, or should that be human error whilst in control of a spreadsheet, Barclays are at risk of having to purchase and take on the positions of approximately 179 contracts that they do not want due to a hidden column in a spreadsheet

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Wednesday
Oct012008

The Seven Deadly Sins of Balanced Scorcard and BI Implementations

Implementing a technical solution to support your Balanced Scorecard (BSC) or Business Intelligence (BI) system can have major benefits for your business, but without the right knowledge, planning and Business Intelligence tools, you could be on the fast track to your own version of corporate limbo - so close to the BSC ‘heaven' you desired, yet so far away. In this blog I will attempt to describe some of the major traps - or sins - and propose ways to avoid them with help from Microsoft's BI toolset.

Despite the promises of software companies that their tools will provide your managers unparalleled insight into the ever-increasing amount of data held within your business systems, the tools themselves have no intelligence or business acumen, no matter how large or impressive their range of outputs. What makes the difference between the success

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