Business Control Solutions Grp PLC
  29 September 2008
   

    BCS OCA* upgrade set to further boost control culture 
    through banking chaos 

    Enhanced functionality, speed and performance of OCA* demonstrates 
    BCS's commitment to continual product improvement

    London, 29 September, 2008 - Business Control Solutions (AIM: BCT.L), provider of management consultancy services and operational
control software to the financial services sector, today unveiled new features and functionalities within its trademark Operational Control
Architecture (OCA*) solution. The latest release of BCS OCA, which has already gone live at a tier one bank in the UK, uses new web
technologies and offers enhanced speed, capacity and performance for the measurement and management of operational control. Users will
benefit from consolidated end-to-end processing, more efficient operational management, active day to day control, and enhanced user
experience. 

    Damian Shaw-Williams, senior analyst at Datamonitor commented: "The recent market chaos and resulting mergers are creating more complex
and diverse organisations. While the banks left standing may be larger than ever before, they are more vulnerable to operational risk
events, as a result of disparate systems, people and processes. To ensure the benefits of their acquisitions outweigh the costs, banks
should move to gain full visibility and control of all their operations."  

    The new version of BCS OCA enables personalised, real-time management information and analysis. It also provides key performance and
risk indicators, as well as control performance monitoring and incident reporting. This end to end solution gives users confidence in their
regulatory compliance operations and the ability to capture, track and resolve issues and incidents via a workflow tool. It shows all
associated items in context, rather than in isolation.

    "We first launched OCA five years ago to address a clear market need - improving operational control in the investment banking
environment, which today is more important than ever," said Mike Bush, head of product development at BCS. "The new version of OCA is
designed to address the evolving needs of financial institutions by monitoring control hotspots, managing communication up and down the
management chain, and enabling immediate response to any issues that arise." 

    The new version of BCS OCA provides a number of other enhancements, including: 

    *     Improved management data views, providing easier drill down and a better understanding of the control and risk information;
    *     Enhanced user interface with improved navigation;
    *     Enhanced grids that support dynamic grouping and sorting with single-click export to Excel;
    *     Enhanced Flexible View reporting for ad-hoc data extraction;
    *     Improved usage monitoring to help administrators accurately measure system usage, see usage trends and plan for future scaling. 

    BCS's software solutions are part-developed by its team of ex-banking practitioners, who offer a wealth of industry expertise. 

    - Ends -

    About Business Control Solutions
    Business Control Solutions is a provider of management consultancy services and operational control software to the financial services
sector. Its people have operated at senior levels in global organisations and this experience and domain expertise helps its clients to
achieve fast-track solutions to difficult and complex problems. Its commitment to successful delivery has resulted in long-term, trusted
relationships with its clients, which include six of the world's top ten banks.

    The management consulting division has delivered comprehensive business transformation programs within finance, risk, IT and operations
across both the buy- and sell-side. Its innovative technology solutions are designed by industry practitioners to embed control within
operational functions and give senior management real time transparency on issues and risks. 

    Business Control Solutions is based in London, with development centres in Peterborough and Romania and is listed on the Alternative
Investment Market (AIM) as BCT.L.
    For more information on Business Control Solutions please visit www.bcsplc.com 


    About Datamonitor 
    Datamonitor is the world's leading provider of online data, analytic and forecasting platforms for key vertical sectors. It helps its
clients, 5,000 of the world's leading companies profit from better, more timely decisions. Through proprietary databases and wealth of
expertise, clients are provided with unbiased expert analysis and in-depth forecasts for seven industry sectors: Automotive & Logistics,
Consumer Markets, Energy, Financial Services, Healthcare, Retail and Technology. Datamonitor maintains its headquarters in London and has
regional offices in Frankfurt, New York, San Francisco and Sydney.
    For more information on Datamonitor please visit http://www.datamonitor.com 

    Press contacts 
    Flora Wilke or Nick Bird                    
    Metia                            
    Tel: +44 (0) 20 3100 3500                        
    Email: flora.wilke@metia.com or nick.bird@metia.com      

This information is provided by RNS
The company news service from the London Stock Exchange
 
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