SkySparc Adds Support for Hedge Relations Management to SkyREPORT

SkySparc's SkyREPORT solution for advanced financial reporting and fully automated testing has been enhanced to allow organisations to simplify the maintenance of hedge relations.

Stockholm, Sweden, May 12, 2011 --( Building on the advanced hedge accounting capabilities of Wallstreet Suite, SkyREPORT now enables users to extract all hedge relations data into a familiar spreadsheet environment for validation or testing purposes and then seamlessly load the data back into Wallstreet Suite. Greater automation and scripting allows support of large volumes of dynamically managed hedge relations.

With the release of v3.5 of SkyREPORT, the interface has been upgraded to align with the presentation and functionality of Microsoft Windows 7 and Office Excel 2010.

As well as hedge relations, SkyREPORT’s Import Module capability has been extended to include multi-step transactions. This helps with regular importing and testing, and includes more than 20 different transaction actions such as debt matching and book value adjustment. The Reconciliation Module first introduced in the previous version to deliver users a one-click solution for identifying differences between data in different systems has also been enhanced with additional data support and statistical reporting.

“We’ve seen many of our customers with the SkyREPORT solution begin to use it for reconciliation with other internal systems,” says Thomas Bergqvist, partner, SkySparc. “As our customers become more sophisticated in their use of SkyREPORT we’re committed to expanding its capabilities to continue delivering sustainable business value.”

PR Contact
Cathrina Henriksen
Head of Marketing
Tel: +33 6 289 874 24

About SkySparc
SkySparc is a financial consulting firm trusted by leading central banks, treasuries and asset managers around the world. We are 100% dedicated to Wallstreet Suite and provide our own complementary software and services. SkyREPORT delivers sustainable business value to our customers and is uniquely designed to provide advanced financial reporting, fully automated testing and reconciliation functionality. SkySparc represents one of Sweden’s top 0.2% fastest growing companies and was named a Gazelle Company 2010 by leading Swedish financial newspaper Dagens Industri.

Cathrina Henriksen
+33 6 289 874 24