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Aegon Selects SkyREPORT For Advanced Treasury Reporting

Aegon, a provider of life insurance and pensions services, has adopted SkySparc' business intelligence and testing solution SkyREPORT, to enhance reporting from its Wallstreet Suite treasury system.

SkySparc said that previously Aegon had to supplement direct reports from Wallstreet Suite with others compiled manually in spreadsheets using data from multiple in-house systems, to meet all its reporting needs.

According to the SkySparc, Aegon can now benefit from automated report compilation using data from all Wallstreet Suite modules and other systems. The solution will use the Excel for its presentation layer, providing a better user experience for analysis and presentation.

The user-friendly wizards from SkyREPORT will help user to create tailor-made management reports. And once reports are created, senior management can access the solution to immediately view reports on an ad-hoc basis instead of compiling data manually.

SkyREPORT allows employees to input specific parameters; such as, scheduling specific reports to run first thing in the morning. It also allows old reports to run in the system, eliminating the need to rebuild the report while also enabling users to link all the relevant information together for a more detailed view.

Marcel Reuser, group treasury operations support at Aegon, said: By using SkyREPORT’s automated system we can produce reports at the touch of a button. Our efficiency has improved as all the information can be quickly collected in Excel, practically eradicating instances of human error.

Thomas Bergqvist, partner of SkySparc, said: Aegon is a longstanding customer of SkySparc, benefiting from our project consultancy services, SkySUPPORT for Wallstreet Suite and Transaction HUB for straight-through processing. We’re now pleased to be helping them improve their reporting capabilities to deal with operational, compliance and business intelligence requirements.