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Before CCH Tagetik, and even now in parallel, we used different technologies

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for our management control application, mainly Hyperion Essbase, but also other technologies based on Oracle databases and renditions on Business Objects.

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The regulatory constraints that now weigh on banks require us to have a higher granularity, including on the provisional results,

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and we began to have difficulties managing this volume in our traditional tools. Next, we need to better control the integrity and quality

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of our data, and set up automatic controls in our applications. The first use we want for our Perseus application, which is based on CCH Tagetik technology,

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concerns the budget guidelines and budgeting for the BNP Paribas Group. We have implemented the possibilities including forecasting, since we are revolutionizing

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the way of handling the budget for BNP Paribas. Whereas at the central level, we collect budgets and we will forecast, with models that have been validated by each of the group's businesses,

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the results with drivers, with audit trails ... and this opens up enormous possibilities for us in terms of analysis. The audit trail features, the control features, as well as the forecasting features that can be found in CCH Tagetik

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allow us to, for example, do something as simple as what-if analysis,

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something that we could not do until now, since the trades would cost a fully packaged budget, and for which we did not have the audit trail and the drivers that had

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been used for the simulations. It's a big project for the BNP Paribas Group. We work with CCH Tagetik employees and we always feel supported

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in the presentation of our project. Also the ability to use this tool by people who are non-IT people,

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and this was obvious during the selection phase. We of course work with IT, but it was very important for us to be more "go-to-market", in line with our customers,

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and we are already starting to see that in the implementation phases. Very sincerely, it is a very exciting experience for us. We have found

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a solution that allows us to initiate the transformation of management control within BNP Paribas. Each case is different, but I have the impression that it is an adaptable solution

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that can actually offer a wide choice of modules that will suit the needs of everyone.