Leading UK Financial Services Group Selects BCS Integrity to Drive Financial Control Improvements

By Business Control Solutions Plc, PRNE
Wednesday, January 26, 2011

LONDON, January 27, 2011 - Business Control Solutions, a leading provider of financial governance,
risk and control software to the banking and financial services markets,
today announced that following a highly competitive evaluation and tender
process a leading UK-based financial services group has selected BCS
Integrity(TM) to standardise and centralise group-wide balance sheet control.

The BCS Integrity web-based platform will systemise the bank's account
ownership and attestation process and deliver greater control, transparency
and assurance over the balance sheet.

BCS Integrity was chosen for its proven scalability, workflow,
organisational hierarchy support, KRI/KPI monitoring and powerful dashboard
based senior management reporting. Another key selling point is its ability
to deliver a highly flexible solution to support thousands of users reviewing
and certifying millions of account combinations per month across both general
ledgers and the supporting sub-ledgers.

Adrian Somerville, Managing Director of Business Control Solutions, said:
"BCS is delighted to welcome this UK-based banking group to our client
portfolio. Our selection underlines the proven success we've had in
supporting the balance sheet and financial close control requirements of
other major financial institutions.

By implementing BCS Integrity, the banking group will achieve complete
transparency and control over their balance sheet with real time visibility
into the status of their account attestation process. Systemising the
financial close process enables issues to be identified quickly which gives
the group the ability to address operational risk more effectively. This is
an exciting opportunity for Business Control Solutions to deliver our market
leading product to another major financial services group."

The implementation and group-wide roll-out of BCS Integrity is expected
to be completed by mid 2011.

BCS Integrity provides a consistent, financial governance risk and
control (GRC) framework over the entire ownership and attestation process. It
facilitates simple front-end integration for multiple GL data sources and
formats. By centralising the balance sheet control process from all areas of
the business, BCS Integrity delivers a centralised, consistent process and
reporting structure. The account ownership functionality ensures that a named
owner is allocated to every step in the configurable sign-off process. It
incorporates a controlled workflow for users, managers and account owners to
highlight concerns and make decisions based on timely information.

About Business Control Solutions

Business Control Solutions is a provider of management consultancy
services and financial control software to the financial services sector. Our
people operate at senior levels in global organisations and their experience
and domain expertise helps clients to achieve fast-track solutions to complex
problems. Our commitment to successful delivery has resulted in long-term,
trusted relationships with our clients.

The BCS management consulting division delivers comprehensive business
transformation programs within the Finance, Risk, IT and Operations functions
of some of the world's leading banking and financial sector organisations.
Our innovative technology solutions are designed by industry practitioners to
embed control within Finance and Operations functions, giving senior
management real time transparency on issues and risks.

Business Control Solutions is based in London, with a development centre
in Peterborough. For more information on Business Control Solutions please
visit www.bcsplc.com

Ted Sparrey, Head of Sales, Business Control Solutions plc, Ted.Sparrey at bcsplc.com, T: +44(0)20-7648-2077, F: +44(0)20-7648-2051 M: +44(0)7787-431026

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