Patni Computer has announced the successful implementation of Oracle ERP Solutions at the Bombay Stock Exchange (BSE). The entire implementation, including multiple modules of Oracle Financials Suite and Core HRMS, was completed in a short span of 8 months. With this implementation, the BSE has a single integrated system that provides it a Comprehensive real-time view of the organization.
As part of the implementation process, Patni undertook a detailed exercise to understand the existing legacy system at BSE and devised a two-phase change management roadmap to migrate BSE's financial accounting and HR accounting to the ERP system. Patni's project management skills, technical proficiency in deploying Oracle solutions and its understanding of the financial services industry proved to be the critical success factors in the completion of this challenging project. Patni has also developed a web-based application, which assists in tracking issues raised by users.
Commenting on the achievement Mr. Rajnikant Patel, Managing Director & CEO, Bombay Stock Exchange said, “We appreciate the commitment shown by the Patni team who have helped us achieve this seamless integration. These solutions will enable us to provide our customers with value-added services and thereby help us build a differentiator in the current competitive scenario. The implementation also provides us with an integrated management reporting tool to get an up-to-date picture of the exchange at all times.”
Mr. Milind S Padalkar, Senior VP and Head, Enterprise Application Services, Patni said, “Patni is honored to partner with BSE to assist in deploying this complex integration within the limited timeframe. Our team's strong domain knowledge has enabled us to work closely with BSE and provide them the right kind of solutions to streamline their internal and external processes.” |
