Investec Bank plc are leaders in capital markets, investment banking, and asset and wealth management.
With northern hemisphere headquarters in London, Investec run European operations in London, Dublin, Zurich and New York.
Each of these local operations requires separate implementations of ERP systems for financial management as well as the procurement functions, with integration into local banking systems.
System Dynamics worked with Investec to implement separate instances of Oracle JD Edwards for London, Dublin, Zurich, with New York currently planned for implementation in 2012.
The separate instances of JD Edwards are integrated with local banking systems, and each provides compliance with both international compliance requirements, as well as with additional local regulatory compliance requirements.
The solution provides Investec with:
- Financial management systems that are integrated with banking systems, providing up to date balance sheet and financial trading analysis.
- Compliance with strict banking regulatory requirements.
- Integration with local banking systems in countries of operation.
- Tight control of the procurement function.