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Delta Index selects Coda Financials


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#1 whipsaw

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Posted 28 January 2009 - 01:52 AM

Online trading company Delta Index has selected Coda's Financials software to support its growing financial reporting and management requirements. Coda Group is a finance software specialist.

Delta Index is expanding into Europe and needed enhanced reporting and management capabilities to support its regulatory and compliance requirements in a multi-currency, multi-country environment.

The deal follows the recent rollout of Delta's proprietary XDeal trading platform and the firm's announcement of ambitious expansion of its online trading services across Europe.

Delta Index, a specialist in contracts for difference and financial spread betting services, will now have enhanced access to business-critical information and more accurate performance assessment within each of its business areas. As part of the firm's back-end control environment, the system integrates seamlessly with its XDeal platform, broker management systems and various finance and accounting functions.

The implementation also incorporates Coda's Analytic Explorer software for analytic browsing and Coda's XMLi linking tool to interface with other business systems.

Delta'sjoint MD, Conor O'Neill, said Coda Financials "enables us to access financial information across each of our business areas in real time while providing enhanced reporting and management capabilities to support our regulatory and compliance requirements."

Source: TechCentral.ie
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