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Canopius deploys ESM software for spreadsheet data management

IBR Staff Writer Published 06 April 2012

Canopius Group, a privately-owned international insurance and reinsurance group, has deployed ClusterSeven’s Enterprise Spreadsheet Management (ESM) software to provide control for its key business spreadsheets and data manipulation.

The end-user computing management solution allows insurers and financial institutions to maintain transparency and integrity of their spreadsheets and data files in order to increase productivity and business insight and reduce operational risk.

Canopius business information head Mark Allen said the real power of the software is its ability to embed appropriate data- and function-checks as part of normal business practices.

ClusterSeven CEO Ralph Baxter said that increasing emphasis on data quality has exposed spreadsheet management as a major opportunity to improve data control and deliver efficiencies.

ClusterSeven provides enterprise-wide, strategic spreadsheet and data management software to financial institutions and Fortune 500 financial reporting divisions.