News
ClusterSeven ADM Software Improves Monitoring of Activities within Microsoft Office Access
March 2008 by Marc Jacob
ClusterSeven announced the availability of its ClusterSeven ADM software product, designed to help organizations reduce operational risk by closely monitoring the activity and changes to data in their Microsoft® Office Access databases. Laws and regulatory bodies such as the Sarbanes-Oxley Act (SOX) in the United States and the Financial Services Authority in the U.K. require organizations to demonstrate oversight on business records and communications. ClusterSeven ADM enables ClusterSeven customers such as European Credit Management to comply with the most stringent interpretations of these requirements and with their own internal governance, risk and regulatory compliance (GRC) policies.
Microsoft Office Access, formerly Microsoft Access, is a relational database management system and part of the 2007 Microsoft Office system. ClusterSeven ADM provides an organization with detailed oversight of records created and managed in Access, and monitors these activities with no impact to the end user. ClusterSeven ADM saves time by removing many manual checks, creates a centralized and auditable history and clearly separates the roles of the business users and operational risk managers, all key requirements of most compliance legislation including those established by SOX and the FSA. ClusterSeven ADM draws on the proven architecture of ClusterSeven’s Enterprise Spreadsheet Manager Software product, which provides the same oversight capabilities over an organization’s spreadsheets created using popular programs such as Excel and Google Docs.
London-based investment management firm European Credit Management (ECM) has built a global operation specializing in European fixed income. Founded in 1999, ECM implemented the ClusterSeven Enterprise Spreadsheet Manager Software product in 2004, to comply with the FSA’s corporate governance requirements. In 2007, Evergreen Investments, the asset management division of Wachovia Corp. (NYSE: WB) acquired a majority interest in ECM.
– Availability
ClusterSeven ADM and ClusterSeven Enterprise Spreadsheet Manager are available now and can be purchased directly or through ClusterSeven’s network of value-added resellers, distributors and system integrators.
