Risk management.

• Position: TechnologyTOOLS - Brief Article

Hyperion Solutions is teaming with De Lage Landen, a large Dutch-based financing company, to bring out a risk management and best practices framework with particular relevance to the financial services industry. The framework "will allow organizations to better manager their comprehensive capital, while ensuring compliance requirements for IFRS, Sarbanes-Oxley, Basel II and Economic Capital (ECAP) mandates," Hyperion noted in an announcement.

De Lage Landen, with a balance sheet of $17.8 billion and 2,300 employees, is a subsidiary of RaboBank, based in Utrecht, The Netherlands. The framework it is developing will be part of the core business processes (budgeting, planning, reporting and consolidation) already managed by Hyperion.

Catherine Frye, a senior director in market development for Hyperion, said in an interview that De Lage Landen, a Hyperion customer since 1991, had been presenting some of these concepts at recent Hyperion users' conferences. "The topic of their presentations was quite different--it was really a strategic vision" that was similar to business performance management (BPM), she...