Radix Bay Develops Financial Data Repository for a Leading Multinational Financial Institution

CHARLOTTE, N.C. - Nov. 18, 2014 - PRLog -- Radix Bay, a world-class business IT consulting and solutions provider, announced today it is developing a financial data repository for a leading multinational financial institution.

Radix Bay consultants will work with the client to implement the Oracle Financial Accounting Hub and R12 General Ledger and integrate it with the existing 11i instance. The solution will provide the client with improved data integrity, accurate instrument level capital allocations and a single source for all regulatory reporting with traceability. It will also enable data owners to effectively manage the adjustment process.

“We are pleased to be a part of this important project to develop the client’s financial data repository,” said Greg Lovette, CEO of Radix Bay.  “Our expertise in both Oracle applications and financial reporting enables us to assist the organization in its complex accounting and regulatory requirements.”

As an Oracle Gold Partner, Radix Bay consultants have deep expertise in Oracle solution design and implementation. The project team will provide planning, analysis, design, documentation, testing and support throughout the project lifecycle.

The solution being developed by Radix Bay will allow for the ability to join multiple systems of record with one common key to create an overall view of exposure. It will also provide the ability to report across multiple dimensions in an automated manner.

About Radix Bay

Radix Bay delivers world-class Business IT Consulting, Solutions, and Managed Services to global clients.  The company has a proven track record of developing advanced technologies, process innovations, and business transformation programs across a wide range of Fortune 500 clients, high-growth companies, and government entities. As an Oracle Gold, Microsoft Silver, and Salesforce Partner, Radix Bay provides specialized services and solutions for cloud and on premise enterprise solutions. The company is headquartered in Charlotte, NC, with operations in the US and India. Learn more at http://www.radixbay.com