WEBVTT

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Our landscape is we are managing 17 funds and the most challenging thing we see at the moment is that management wants the story of the figures. 

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The financial team wants to give the financials, and the controlling team is in the middle of it, and we have to connect the story to the figures. 

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To improve our processes and to see what's happening within the company, we needed something to give us the figures more automatically. 

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The process started I think two or three years ago, by choosing first a top ten, then a top five, then a top three. 

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Your opponents were OneStream and Cognos.

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In the end CCH Tagetik gave the best presentation and also the best way to our story. We chose CCH Tagetik also for our regulatory reporting,

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because with that we can also satisfy the accountants, because it's auditable and by doing it in several process steps

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we can be sure that we are getting all the data. We are using a sophisticated database in which we can keep our scenarios, 

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so we are no longer bothered with versions - "what's the latest version that we had?" - we have the right numbers, the right formulas and so on.

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We chose CCH Tagetik on the cloud because we had to make an investment, data services are very expensive,

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and CCH Tagetik in the cloud gives us a good solution.

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CCH Tagetik changed our processes: how we did our budgeting and forecasting. Just by reviewing it, we saw a lot of redundancies and a lot of things which we could improve. We were also able to

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streamline it, make it better and we will save time to make the story and make good presentations. 

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I would certainly recommend CCH Tagetik to anyone else. 

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It's a solid system, it's a good database, it has a lot of opportunities today for the financials and we can also input the non-financials. Connecting those two is really what our job is.