Brussels 19 April 2007: Fortis, one of Europe's largest financial institutions, has decided to upgrade to Framesoft Contract Repository 2 (FCR2).
After running FCR for more than 9 years, achieving a significant netting benefit, FCR2 will support the rapidly growing global user basis and increase working efficiency.
FCR2 offers, beside state-of-the-art netting functionality, a fully renewed user interface addressing easy usage combined with powerful configurability. Fine grained access control is applied on the basis of user groups presenting search and overview screens in a tailored fashion.
The growing need of speeding up document generation and negotiation is supported by integration of a WORD like editor allowing easy modification of agreement drafts. Support of RTF export (WORD compatible) addresses the urgent needs for further processing of documentation in the Office environment.
Based on Framesoft's new Base Technology FON, FCR2 makes any usage of replication servers or terminal server installations obsolete due to its three tier architecture, offering outstanding efficiency in data transfer across WAN's.
Within the Fortis Group FCR2 will be used at Fortis Bank Brussels (including its branches in London, New York, Hong Kong, Singapore), Fortis Bank (Nederland) in Amsterdam, Fortis Banque Luxembourg and Fortis Energy in Houston. All locations will be served by a single server installation of FCR 2 located in Brussels.