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Tuesday, March 16, 2010
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 Kiodex Risk Workbench

 

Challenge: Integrate Kiodex software with clients' system - Heightened scrutiny on financial accounting has increased the attention on risk management and a company’s ability to report clearly and accurately on all financial transactions. Kiodex, Inc. provides a Web-services platform for corporate risk management and financial reporting to producers, consumers, and large manufacturers of natural gas. Kiodex Risk Workbench SM users must integrate data from a variety of sources and in a variety of formats, collate the data, then output to accounting applications for rollup and reporting.

 

The imperative for Kiodex, and other software providers, is to make their products easy to integrate into their customers’ existing systems. Often, this is easier said than done because of the wide use of niche applications, and can cut deeply into the software vendor’s profit margin.

 

 

Stone Bond's Solution: Automate Direct Integration of customer's data to Kiodex - Enterprise Enabler supports Kiodex Web-services platform by integrating data from any source and in any format, then connecting and outputting the aggregated data to any other application through the Kiodex ASP Handler. When Kiodex Risk Workbench users log into the system, from any Web browser, Enterprise Enabler automates a direct integration of the customer’s data with the Kiodex platform.

 

Stone Bond configured an adaptor entirely through Enterprise Enabler’s graphical user interface, with no additional coding. Kiodex users can quickly and simply point-and-click to select a sample file or application, and they can schedule either time- or event-based data integration. The integration solution eliminates the need for human intervention and logging onto a portal.

Examples

 

of the functionality of the direct integration include:

  • Extract trades from Kiodex ASP, apply transformation rules and then send and load the resulting data onto to any destination application (like databases, Excel spreadsheets, Text Files,) or any message queue.
  • Extract trades from any data source databases, spreadsheets, or text files) or any message queue, apply transformation rules and then send and load the resultant data on to the ASP.

 

Benefits: Reduces vendor costs and increases customer satisfaction

  •  Faster implementation and speedier productivity with direct integration between customer data and Kiodex, requiring little or no coding.
  •  Increased data accuracy by eliminating manual data conversions or entry.
  • Reduced cost to implement with Enterprise Enabler’s easy-to-use, flexible interface builder means lower cost to the customer and higher margins for the software provider.

 

   

 
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