WEBVTT

1
00:00:09.487 --> 00:00:15.296
OCBC group is headquartered in Singapore. Although it's a local bank in Singapore,

2
00:00:15.297 --> 00:00:25.106
actually they stand quite internationally among the Asian region. They have a very huge entity in Malaysia, which is Asia pronounced,

3
00:00:25.107 --> 00:00:34.916
as well as in Indonesia. They are also quite well known in China as well as in Hong Kong.

4
00:00:34.917 --> 00:00:44.726
What we are facing is that the data collected from all these regions are actually at a very aggregated level.

5
00:00:44.727 --> 00:00:54.537
The big players gave us a lot of promises; they gave us a generic platform and we thought that we could actually embark with them.

6
00:00:54.538 --> 00:01:02.347
However I think that CCH Tagetik is able to give us something above and beyond.

7
00:01:02.348 --> 00:01:13.157
What CCH Tagetik is able to do is: just a few clicks away we are able to see that detailed level within seconds, instead of waiting days or weeks.

8
00:01:13.158 --> 00:01:22.967
We embarked with the Budgeting & Planning module and in the future we will be taking in the Consolidation module. CCH Tagetik planning will be used for a more

9
00:01:22.968 --> 00:01:35.778
efficient way of doing forecasting, simulations and planning for the bank, so that the senior management is able to do decision-making faster. 

10
00:01:35.779 --> 00:01:41.588
I think CCH Tagetik is able to do this for us on the fly.

11
00:01:41.589 --> 00:01:47.398
The major plus point was the drill-down capabilities. 

12
00:01:47.399 --> 00:01:57.399
I think CCH Tagetik is able to make us work more efficiently, and to do what finance is supposed to do today. 

13
00:01:57.400 --> 00:02:12.007
I will confidently recommend CCH Tagetik to another finance user, because it is what the finance of today needs, instead of what we are doing today.