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TMCNet:  Rabobank implements Tagetik 4.0 solution

[September 10, 2012]

Rabobank implements Tagetik 4.0 solution

Sep 10, 2012 (Datamonitor via COMTEX) -- Tagetik, a provider of enterprise software solutions, has announced that Rabobank Group, a Netherlands-based financial services provider, is implementing Tagetik 4.0 to manage its financial, statutory and management consolidation as well as external reporting to the Dutch Central Bank within a single, unified solution.

The software, which is distributed by iNovasion in The Netherlands, replaces the Rabobank's existing consolidation and inter-company matching solution. The second phase will include the implementation of Tagetik's Collaborative Disclosure Management application.

"Rabobank held an extensive business process redesign and solution selection phase. Business users and the IT team came to the joint conclusion that the Tagetik solution fits Rabobank's requirements the best," says Rene Witlox, Head Business Development & Support at Rabobank. "This gives us confidence that the project will run smoothly for all the different Rabobank stakeholders with the help of the Tagetik team." "Rabobank Group conducted a comprehensive selection process to select a software provider that could perfectly meet all their requirements, show a realistic project approach and involve excellent people to work with," adds Marco van der Kooij, general manager at Tagetik The Netherlands. "Tagetik outperformed the competition leveraging rich, 'built-in' functionality to support a global consolidation and reporting process as well as strong commitment from the management team to go for the extra mile and make this project a great success." "With Rabobank, Tagetik continues to strengthen its position as a global provider of solutions for financial institutions," explains Sabrina Rosati - executive vice president, Professional Services at Tagetik. "We are a new breed of CPM provider and leverage a clearly differentiated approach to meeting the more exacting needs of major multinationals across business industries and specifically in the banking sector. This includes deep domain experience and specific solutions designed to meet the complex financial consolidation requirements of financial services organizations in a single, unified solution." Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon

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