New credit terms for loans to all private and corporate customers, applicable from 2006
Munich, December 15, 2004
BRAIN FORCE SOFTWARE help companies to obtain loans on favourable terms even after 31st December 2006.
Thereafter, applicants will have to comply with much more stringent requirements in terms of credit worthiness ("Basel II"), determined by means of extensive ratings.
Company information technology is also being checked for it plays a major role in this context. Amongst other things, the protection against hackers provided by IT security systems and organisational measures will be considered.
Furthermore, ERP systems (Enterprise Resource Planning) as well as other accounting and production applications will be thoroughly scrutinised.
Furthermore, banks will examine the integration of the appropriate solutions into a company's IT infrastructure and review customer relationship management (CRM), groupware and workflow tools for the organisation of processes that span across various divisions.
"The new regulations that banks have to follow for granting credit are casting deep shadows ahead", explains Martin Friedrich, CEO of BRAIN FORCE SOFTWARE GmbH in Germany.
"As early as late in 2006 credit institutes will use the new Basle II criteria and make them the basis of their decisions."
Therefore, companies must have the IT support of their business processes checked for loopholes and today is not too soon to start. This will enable them to optimise their ERP, CRM or security systems or to even implement new applications.
"BRAIN FORCE SOFTWARE offer a large portfolio of related services and systems" states Friedrich. "Those who do not prepare in good time should not be surprised if their credit for investments becomes much more expensive in the near future. This is quite a risky game!"
IT security:
In particular, a check will be made as to whether a company's know-how is protected against access by competitors – for example by industrial espionage or sabotage.
Among other systems, BRAIN FORCE SOFTWARE can implement Policy Compliance Tools which constantly check the settings of the required safety parameters.
A multi-stage loophole analysis in which a determined hacker attack is simulated is also possible.
The product range is rounded off by solutions such as firewalls or intrusion detection systems for electronic burglar protection. The selection of particular tools is tailored to the actual company requirements.
CRM:
For CRM, BRAIN FORCE SOFTWARE offer solutions that put customer relationship management onto a new basis, e.g., the implementation of new applications with modelling of business processes or the optimisation of existing applications from various providers.
Furthermore, BRAIN FORCE SOFTWARE hold their own CRM systems for financial service providers.
ERP:
Optimal support of business processes is also a focus of the ERP range. The bandwidth stretches from process analysis to redesign to the implementation of complete applications, including perfect integration.
BRAIN FORCE SOFTWARE offer solutions that best match industry specific requirements.
Grouppware / workflow:
BRAIN FORCE SOFTWARE offer services to optimise cross-division processes without disruptions – e.g., using groupware systems.
Individual customer requirements are precisely checked so as to work out the best possible solution.