Hyperion Insurance Group focusing on wholesale and retail broking, reinsurance broking and underwriting has businesses across Europe and Scandinavia, India, Israel and Australia and transacts business in over 50 countries around the world. They are ranked first or second in many of their markets and has ambitions to be leader in them all.
In the summer of 2008 they decided to replace their complex manual spreadsheet statutory consolidation application with an “off the shelf” package that met their needs and reporting standards. They also wanted a package that, going forward, would automate their budgeting, forecasting and management reporting.
Towards the end of 2008, after a rigorous evaluation of the market, they chose CFMS to provide and implement Infor PM BSA. Implementation of the Consolidation application took place over the early months of this year with go live taking place towards the end of July. This will incorporate 60 users in 50 countries.