Wednesday, November 30, 2011

Royal Dutch Shell plc (LON:RDSA) Changes EDM Provider

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tdp2664 E money daily Royal Dutch Shell plc (LON:RDSA) has replaced Legacy Systems with Cadis. Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full RDSA chart at Wikinvest Royal Dutch Shell plc (LON:RDSA) Changes EDM Provider Reports say that Royal Dutch Shell plc (LON:RDSA) has started using Cadis’ EDM platform, the enterprise data management platform provider, for its worldwide treasury operations. Cadis replaces legacy systems in which data had been encoded. This move was taken as Shell wanted to provide better internal controls and meet financial reporting requirements under the Sarbanes-Oxley Act in the US. Daniel Simpson, chief executive of Cadis, said that, "The Cadis EDM platform has empowered the business users to focus on the validation or transformation of rules that apply to specific rates. Going forward, Royal Dutch Shell plc (LON:RDSA) can ensure the integrity of its data and provide a higher level of transparency for financial reporting. With the Cadis platform, Royal Dutch Shell plc (LON:RDSA) reduced its manual processes and increased its level of automation and controls for rates processing. The Cadis EDM platform operates as a central hub for data. Using the platform, Royal Dutch Shell plc (LON:RDSA) can cleanse, validate and distribute data to its treasury departments worldwide as well as 30 enterprise resource planning systems within the company". Royal Dutch Shell plc (LON:RDSA) shares stood at 2145.5 at the end of the last trading session. Price History Last Price: 2145.5 52 Week Range: 1,762.00- 2,377.10 Last Vol: 348185 3 Month Vol: 3570850



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