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About
- Sector:
- Size: 200-500
Euromoney Institutional Investor PLC (FTSE 250) has a turnover of £2.5bn and globally employs 20,000 staff. They are a market leader in International Financial Publishing and have a portfolio of over 100 specialist magazines in the finance, Energy, Aviation, Pharmaceuticals, and Law sectors: delivering business information for over 35 years.
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The challenge
The problem faced by Euromoney was that their staff had to undertake a difficult manual process of reconciling finance data across their complex infrastructure which consisted of more than 170 profit centres and businesses across many different countries, currencies and time zones.
This was an extremely complex process with many rules and exceptions and proved to be very time consuming and resulted in many errors not being detected. Automation of this complex process was deemed a major requirement within the organisation.
The solution
The infrastructure that Geeks developed included over 150 websites and offline stores, multiple back offices and Cybersource Transactional Databases, tens of accounting systems, and multiple payment gateways.
The logic for the process was also complex and involved many business rules incorporating a vast number of exception scenarios for what was dynamic and changing information systems.
The solution required the implementation of a diverse array of integration APIs (18 systems) operating in real-time with high concurrency and a need for fault tolerance. Extensive permissions and reporting are built in to the system.
Geeks built a very sophisticated system which enabled Euromoney to have far more control over their complex business processes, improving staff productivity considerably and enabling managers to have a much better overview of the daily transactions of the business.
Thanks to the new system, errors and exceptions across over 150 websites and internal systems that were previously too hard to notice were automatically identified and were readily presented to finance staff to simply make correction decisions.
Used services
Wireframing/UX Design
Transform your digital presence with Interactive Wireframing and expert UX Design
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Systems Integration
Systems Integration brings your systems together with a single source of data.
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with Geeks
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You'll love working with Geeks if…
- You're a changemaker
- You're not afraid to explore new ideas with a proven partner
- You treat technology as an investment
- You're eager to disrupt your industry with technology
If you prefer, you can book a meeting with us directly
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Our client's success stories
We are proud to be on a journey with some ambitious innovators, entrepreneurs and leaders who usher
the way in making the world a better place by using software technology.
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