- What is GenevaERS?
- Open-source software for use in the IBM z/OS mainframe environment
- Generates highly efficient machine code for tremendous scalability
- Can be an ETL (Extract Transform and Load) tool but for reporting and extract processes
- Or can be an application-development engine
- Created for reporting processes for the world’s largest financial organizations
- What is it Not?
- A database or database-centric technology
- An end-user query tool
- What does it do?
- Rapidly produce many outputs in one “pass” through a data store
- Why is it important?
- Allows data analysis:
- At very low levels of detail, and of many more attributes and various coding structures including legacy and transitional code blocks
- With greater history
- To support many more financial, regulatory, management and even risk analysis outputs
- Which all reconcile, are consistent and have the same cutoff
- What are the business benefits?
- Reconcile source data prior to discovering issues in production
- Shorter closing cycles for reporting
- Great transparency
- No charge for software use
- Reduced financial system inventory
- GenevaERS:
- Provides a business-reporting solution for z/OS, uniquely tuned for high-volume data scanning
- Delivers a foundation for improved financial transparency and better decision-making
- Mitigates audit and reconciliation concerns by tightly integrating reporting with the source data
- Leverages existing investments in mainframe technology and reduces operating costs