Microgen Share Discussion Threads

[stuart14] 29/10/2009 08:01

As far as I know the bigger one is Standard Chartered. I've not been told it is a secret but they have project teams on the ground in Korea, Hong Kong, London and Toronto. Accenture are really running the show, but Microgen have a large consulting team at each site.

[rivaldo] 29/10/2009 07:41

Excellent Stuart14, many thx. Nothing like getting info on what's really happening out there.

Sounds like HSBC is a biggie. When you say you're working on "a few of them", do you mean other clients taking up Aptitude, or a few people within the HSBC project?

OT : whatlp, either you completely missed the point or you were being sarky. I hope it was healthy cynicism rather than brain-death :o))

[stuart14] 28/10/2009 17:06

HSBC.

I'm working a few of them at the moment. There is quite a bit of take up with Apptitude (sorry, I'm an IT recruiter),.

Also need Senior Architects, Project Managers, Data Modellers etc.

Nobody has any experience with it yet though, too new, so we are cross-training people with experience of other Rules based engines. SAP's Bank Analyzer, Summit etc.

[whatlp] 28/10/2009 16:36

fascinating...

[rivaldo] 28/10/2009 07:19

This sounds interesting:



"Senior Test Analyst - Microgen Accounting Rules Engine Project Contract

A Global Investment Bank are looking for a Senior Test Analyst to work on the Microgen Accounting Rules Engine Project, you must have a vast recent experience working within the same project team within an investment bank.

You will be part of a Microgen Accounting Rules Engine project team."

[rivaldo] 26/10/2009 14:36

Up again.

I understand MCGN are having their monthly Board Meeting today. I would guess that high up the agenda will be finalising the trading statement...

[rivaldo] 23/10/2009 12:22

Why another week? It could be on Monday!

MCGN's events page is worth a read as an indicator of just why the company is in the right place at the right time:



"24th-25th November 2009: Financial & Regulatory Reporting Summit, Amsterdam
For today's financial institutions reporting and compliance are the keys to business survival. It is crucial to ensure reporting standards and regulations are compiled with in today's turbulent financial climate.

This event creates a platform to discuss the impact of the crisis on financial institutions and best practices for regulatory compliance, future changes of IFRS and promoting stakeholder confidence in a time of uncertainty.

More...

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15th November 2009: OTC Derivatives Operations
OTC Derivatives Operations is an exclusive event designed specifically for the buy-side practitioners tasked with overseeing the accuracy and clarity of their company's operations. It will attract 100 plus senior decision-makers, pioneering practitioners and leading innovators to address the industry's key concerns in a professional and relaxed environment.
More...

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10th November 2009: BBA Risk Management Conference
The BBA's Risk Management Conference takes an in-depth look at the key issues in the changing world of risk management. The event will consider key strategies for dealing with capital management, as well as assessing the strategic challenges to the business as a whole. It will also examine the FSAs regulatory agenda, the potential impact of the Walker Report and how the role of the risk manager is changing.
More...

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9th-10th November 2009: Digital Asset Management (DAM) Conference, Los Angeles
Digital Asset Management (DAM) has become a core function for businesses of all types, across all industries. Content created by organizations increasingly includes digital media, such as photographs, animations, video and music. The challenge of managing these digital media assets can be daunting, but rising to this challenge brings increased workflow productivity, cost savings and opportunity for new revenue generation.
More...

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5th November 2009: ICA Liquidity Workshop
Major banks have failed due to liquidity problems. Risk management and stress testing have failed to identify weaknesses in business models. New regulatory standards will be more demanding and implementation will be challenging. Can your systems cope?

More... "

[truffle] 23/10/2009 09:51

Obviously we'll have to wait at least another week until the IMS, that's assuming there will be one.
Looking back at the statement this time last year, it was accompanied by a share tender offer. Another this time round would put a new floor under the price and inspire considerable confidence I imagine.

[rivaldo] 23/10/2009 09:16

I love shares which quietly advance with no fanfare or fuss. Well, except by me :o))

[rivaldo] 22/10/2009 12:56

And up again, when all round is (mostly!) red. Encouraging.

[rivaldo] 22/10/2009 08:52

Rising again to new highs before the IMS.

[rivaldo] 21/10/2009 13:33

Truffle, only that last year's IMS was on 14th October, so this year's should be any time now.

Looks like we still have buying interest here.

[truffle] 16/10/2009 15:46

Looks quite steady again.
Why is there an IMS on Monday? How do we know?

[rivaldo] 16/10/2009 10:26

...and a further 50k buy at 80p. Someone's confident prior to the IMS.

[rivaldo] 16/10/2009 08:48

Another 10k buy at 80p today. I wonder if we'll get the IMS on Monday morning?

[rivaldo] 15/10/2009 19:08

A nice 10k buy at the close and another tick up. We're due an IMS - last year's was 14th October.

[rivaldo] 13/10/2009 10:52

Looking strong again at these new levels.

[rivaldo] 08/10/2009 07:22

The overwhelming stream of news in recent days about increased regulation in reporting/transparency etc make this new presentation rather timely...



"Oct 07, 2009 12:26 ETMicrogen and Rabobank to Discuss Best Practices for Delivering Enterprise Value Through Business Process Management
Case Study at Forrester Event Will Illustrate How Global Financial Services Firm Overcame Challenges Through Consistent, Timely Reporting

CHICAGO, IL--(Marketwire - October 7, 2009) -

WHAT:

Microgen (LSE: MCGN), a leading business process management software provider whose clients include global financial services, media and energy companies, and Rabobank, a full-range financial services provider that operates on cooperative principles, will present a case study that provides real world insight into how business process management (BPM) and business rules can help global financial services firms address financial reporting challenges. The session will cover:

-- The challenge -- creating consistent and timely financial reporting
for a global trading institution.
-- Handling the complexity of accounting today and addressing fair value,
structured products, and complex securitization.
-- Enabling the business to define the rules.
-- Delivering solutions that handle millions of transactions every hour.
WHO:

The case study presentation will include commentary and practical advice from leading industry experts, including:

-- Martin Redington, Director of Product Management, Microgen
-- Peter Onvlee, Head of IS&D Finance IT, Rabobank
WHEN:

The presentation will take place as part of Forrester Research's Business Technology Forum, taking place October 8-9, 2009 in Chicago, Ill. The presentation from Microgen and Rabobank will be held on Thursday, October 8, 2009 at 2:25pm ET."

[rivaldo] 30/9/2009 10:02

A new interview with the COO about the transforming qualities of BPM:



"BPM: More Than Faster Way of Pushing Papers
Joe McKendrick
Insurance Experts' Forum, September 29, 2009

I've been talking about business process management (BPM) in recent blogs here at INN, as well as articles in the works. In "Building BPM Solutions Into the Front Office," I talked about how one insurance carrier was able to deploy BPM technology to automate its online sales and renewal processes. The effort has enabled the company to transform the way it does business.

Traditionally, insurance has been a paper-pushing industry, and much of the BPM work that has been done to date focused on automating and digitizing these processes. But just as paving cowpaths won't handle the next generation of traffic, the arrival of BPM as a transformational initiative is creating new opportunities for carriers to think about new ways of doing business.

As part of my exploration of BPM within the insurance industry, I had the chance to talk with David Sherriff, chief operating officer with Microgen, a provider of business process outsourcing, BPM, and other solutions for the financial services and insurance sector.

etc"

[rivaldo] 22/9/2009 10:12

A good 25k buy this morning. Looking very solid.

[rivaldo] 18/9/2009 12:07

Nice bounce.

Thx Stuart, looking forward to any further impressions from you. Last year's trading statement was out 14th October, so not long to wait.

A reminder of the outlook from the interims:

"Prospects

The Group's performance in the first half of 2009 reflects the success of the investment in Microgen Aptitude and related products, supported by high recurring revenues from the Group's other products and services in slower growth market sectors. As a result, despite the difficult economic and market conditions, the operating margins reported in the first half of the year were ahead of Plan, with all development costs expensed.

The market-leading capability of Microgen Aptitude and the Microgen Accounting Hub is now converting into tangible results and the products continue to win against market leading competitors in Europe and North America. With a rapidly expanding blue-chip customer base and excellent references from successful projects (often leading to further projects within existing customers), the Board are confident that the return on the investment in Microgen Aptitude will be realised. While the Board remains cautious and prudent, particularly in the current unpredictable market, Microgen has delivered another excellent operating performance and, as advised in the recent trading update, remains on track to meet, or possibly exceed, the Board's expectations for the year."

[stuart14] 14/9/2009 12:19

Hi Rivaldo. I'm not an "Insider" just working with them on a project. Can say I have any views yet, it is too early to tell, but i've spoken to people who feel their new products could be very popular. I guess we'll see, I don't hold here yet.

[truffle] 10/9/2009 09:54

The share price seems to just keep moving forward steadily which is good news.
The strong cash position is also encouraging as there will no doubt be
opportunities to put it to good use in the current market climate.

[rivaldo] 09/9/2009 11:46

New highs achieved during my hols. Nice.

Stuart14, how's it going, what are your impression of MCGN etc? Always useful to get an "insider's" impression. Just read the last few posts to understand MCGN's strong prospects and the even stronger Balance Sheet/cash pile.

[stuart14] 04/9/2009 16:38

Hi guys. Any reason (other than the wider "Bull" market) for the rise recently. I'm doing a bit of work with Microgen at the moment so if the sales of Aptitude aren't in the price I could be tempted to get onboard!