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	<title>7x7 Business &#187; Europe</title>
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		<title>Biopharm eyes Europe after winning certification</title>
		<link>http://www.7x7business.com/2011/01/13/biopharm-eyes-europe-after-winning-certification/2629</link>
		<comments>http://www.7x7business.com/2011/01/13/biopharm-eyes-europe-after-winning-certification/2629#comments</comments>
		<pubDate>Thu, 13 Jan 2011 22:06:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[OEM]]></category>
		<category><![CDATA[After]]></category>
		<category><![CDATA[Biopharm]]></category>
		<category><![CDATA[Certification]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[Eyes]]></category>
		<category><![CDATA[Winning]]></category>

		<guid isPermaLink="false">http://www.7x7business.com/2011/01/13/biopharm-eyes-europe-after-winning-certification/2629</guid>
		<description><![CDATA[Biopharm eyes Europe after winning certification Biopharm Chemicals, a local pharmaceutical manufacturer, will focus more on exports and original equip ment manufacturing (OEM) for international drug firms after winning certification under the Pharmaceutical Inspection Cooperation Scheme (PIC/S). Read more on The Nation &#8211; Thailand&#8217;s English news E.E. URD Works With Lisle Corporation To Manufacture Automotive [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Biopharm eyes Europe after winning certification</strong><br />
Biopharm Chemicals, a local pharmaceutical manufacturer, will focus more on exports and original equip ment manufacturing (OEM) for international drug firms after winning certification under the Pharmaceutical Inspection Cooperation Scheme (PIC/S).<br />
<i>Read more on <a target="_blank" rel="nofollow" href="http://lrd.yahooapis.com/_ylc=X3oDMTQ4bzgwbGYwBF9TAzIwMjMxNTI3MDIEYXBwaWQDb0pfTWdwbklrWW5CMWhTZnFUZEd5TkouTXNxZlNMQmkEY2xpZW50A2Jvc3MEc2VydmljZQNCT1NTBHNsawN0aXRsZQRzcmNwdmlkA1hxVDMxbUtJY3JxZVJ0NDlPNWpWZGtoV3JudWhvazB2ZDFFQUNMZkw-/SIG=13n0110jo/**http%3A//www.nationmultimedia.com/2011/01/12/business/Biopharm-eyes-Europe-after-winning-certification-30146158.html">The Nation &#8211; Thailand&#8217;s English news</a><br/><br/></i></p>
<p><strong>E.E. URD Works With Lisle Corporation To Manufacture Automotive Relay Test Jumper Kits By Combining Plastic And Metal &#8230;</strong><br />
E.E. URD Design and Manufacturing (E.E. URD), a single source OEM/ODM solutions and service provider for factory direct China manufacturing and outsourcing, recently announced they worked with Lisle Corporation on another great automotive tool that makes testing automotive relays and live circuits quick and easy<br />
<i>Read more on <a target="_blank" rel="nofollow" href="http://lrd.yahooapis.com/_ylc=X3oDMTQ4bzgwbGYwBF9TAzIwMjMxNTI3MDIEYXBwaWQDb0pfTWdwbklrWW5CMWhTZnFUZEd5TkouTXNxZlNMQmkEY2xpZW50A2Jvc3MEc2VydmljZQNCT1NTBHNsawN0aXRsZQRzcmNwdmlkA1hxVDMxbUtJY3JxZVJ0NDlPNWpWZGtoV3JudWhvazB2ZDFFQUNMZkw-/SIG=13t40ctok/**http%3A//www.testandmeasurement.com/article.mvc/EE-URD-Works-With-Lisle-Corporation-0001%3Fatc~c=771%2Bs=773%2Br=001%2Bl=a">TestandMeasurement.com</a><br/><br/></i></p>
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		<title>BankServ, STAR-ACHATS Introduce International Banking System in Western Europe</title>
		<link>http://www.7x7business.com/2011/01/09/bankserv-star-achats-introduce-international-banking-system-in-western-europe/2579</link>
		<comments>http://www.7x7business.com/2011/01/09/bankserv-star-achats-introduce-international-banking-system-in-western-europe/2579#comments</comments>
		<pubDate>Sun, 09 Jan 2011 16:05:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Banks]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[BankServ]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[Introduce]]></category>
		<category><![CDATA[STARACHATS]]></category>
		<category><![CDATA[System]]></category>
		<category><![CDATA[Western]]></category>

		<guid isPermaLink="false">http://www.7x7business.com/2011/01/09/bankserv-star-achats-introduce-international-banking-system-in-western-europe/2579</guid>
		<description><![CDATA[Paris (PRWEB) June 13, 2007 Marking its entry into the Western European marketplace, software developer BankServ International heralded an agreement that allows STAR-ACHATS of Paris to apportion its enclosing systems throughout France and the carrying region. Currently played in more than 50 countries, BankServ&#8217;s software is plied by hundreds of banks to finalise cross-border transactions [...]]]></description>
			<content:encoded><![CDATA[<p class="releaseDateline">Paris (PRWEB) June 13, 2007 </p>
<p> Marking its entry into the Western European marketplace, software developer BankServ International heralded an agreement that allows STAR-ACHATS of Paris to apportion its enclosing systems throughout France and the carrying region. Currently played in more than 50 countries, BankServ&#8217;s software is plied by hundreds of banks to finalise cross-border transactions over the internationalist SWIFT Network</p>
<p>&#13;
<p>STAR-ACHATS will hook BankServ&#8217;s hot TurboSwift system in an area that comprises the fourth-largest concentration of SWIFTNet users in the world. TurboSwift has been countenanced by many diminutive and mid-sized banks as an alternative to subscribing an egg-filled SWIFT membership or thinking larger money-center banks to process global transactions on their behalf</p>
<p>&#13;
<p>The past introduction of several unprecedented tipping standards in Europe  including SEPA, TARGET2 and SwiftNet Phase 2  has also staled an earthshaking number of financial institutions appreciate regenerating their back-office systems, says Thierry Kolton, founder of STAR-ACHATS. Because BankServ&#8217;s products have already been informed to fulfil those standards, banks may gain them a prepossessing option to swear a fast transition, he predicts</p>
<p>&#13;
<p>&#8220;French banks are under an expanding amount of pressure to readjust to standards like SEPA and TARGET2  there are a lot of banks that will call for to realise a raise,&#8221; Kolton told. &#8220;Since BankServ can extend that compatibility, we hope banks in and around France will be fit to benefit from our entry into the market.&#8221;</p>
<p>&#13;
<p>The same software has enjoyed popularity in the United Kingdom and Eastern European financial markets, where BankServ has installed it in over 100 banks since its introduction. Additionally, since a French-language version of TurboSwift already menaced for Canadian banks, France was a discursive choice for expansion, says Mary Ellen Putnam, who heads BankServ&#8217;s internationalist division. </p>
<p>&#13;
<p>&#8220;With the success that we&#8217;ve had in the surrounding areas, we&#8217;re very excited about the potential that exists for us in France and Western Europe,&#8221; Putnam said. &#8220;We pass judgment we&#8217;re drawing a product to market at a time when banks will really have an use for it.&#8221;</p>
<p>&#13;
<p>In addition to automating the data-entry and routing functions for international payment messages, BankServ&#8217;s system also has other features, such as the ability to let remote bank branches initiate their own payments through a central server. Related products can snub abroad exchange or transfer files between back-office looking systems that have compatibility issues</p>
<p>&#13;
<p>About STAR-ACHATS:&#13;<br />STAR-ACHATS has been introducing new Supply-Chain Software solutions for the Financial and Procurement Markets in France and Southern Europe since 2003. The STAR-ACHATS team includes 20-year veterans from Software Vendors with a made track record scalping to the Top 100 French Corporations and Banks. </p>
<p>&#13;
<p>About BankServ:&#13;<br />Since 1996, BankServ has developed electronic payments technology for banks around the world, including systems for Fedwire, SWIFT, online payments and Check 21. More information about privately held BankServ can be found at www.bankserv.com</p>
<p>&#13;
<p>###</p>
<p>&#13; <br clear="all" /><br/><br/>Related <a target="_blank" href="http://www.7x7business.com/category/banks">Banks Press Releases</a></p>
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		</item>
		<item>
		<title>How did innovation and reform during the Renaissance&amp;the other are detailed, change life in Europe?</title>
		<link>http://www.7x7business.com/2010/11/10/how-did-innovation-and-reform-during-the-renaissancethe-other-are-detailed-change-life-in-europe/2122</link>
		<comments>http://www.7x7business.com/2010/11/10/how-did-innovation-and-reform-during-the-renaissancethe-other-are-detailed-change-life-in-europe/2122#comments</comments>
		<pubDate>Wed, 10 Nov 2010 19:09:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Innovation]]></category>
		<category><![CDATA[Change]]></category>
		<category><![CDATA[detailed]]></category>
		<category><![CDATA[During]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[Life]]></category>
		<category><![CDATA[Reform]]></category>
		<category><![CDATA[Renaissance&the]]></category>

		<guid isPermaLink="false">http://www.7x7business.com/2010/11/10/how-did-innovation-and-reform-during-the-renaissancethe-other-are-detailed-change-life-in-europe/2122</guid>
		<description><![CDATA[Question by Sophia: How did innovation and reform during the Renaissance&#038;the other are detailed, change life in Europe? FULL QUESTION : How did innovation and reform during the Renaissance, Reformation, and the Scientific Revolution change life in Europe ? This is for my schoool projcet DUE ! O512O9 &#038; IM STUCK D: this is a [...]]]></description>
			<content:encoded><![CDATA[<p><strong><i>Question by Sophia</i>: How did innovation and reform during the Renaissance&#038;the other are detailed, change life in Europe?</strong><br />
FULL QUESTION : How did innovation and reform during the Renaissance, Reformation, and the Scientific Revolution change life in Europe ? </p>
<p>This is for my schoool projcet DUE ! O512O9 &#038; IM STUCK D:<br />
this is a biigg part of my grade. Please help me ,<br />
ORDER it by Paragraph by paragraph ,  or something . </p>
<p>Thankyou !</p>
<p><strong>Best answer:</strong></p>
<p><i>Answer by gildersleeve</i><br/>Why did you wait till the last minute to start this?  Have you even done *any* background research on the subject?</p>
<p>And you want total strangers to suddenly jump on this and do it all *for* you?  From scratch?  What&#8217;s today&#8217;s date?  You don&#8217;t respect any of us out here in Y!A-Land, do you?</p>
<p>Organize your thinking by organizing your research.  Make columns.  List the innovations and the reforms.  Note what dates or decades each of them came about in.</p>
<p>Then note in the next column what social, political, etc, changes were the results of each item in the first column.</p>
<p>Proceed with your project from there.</p>
<p>And start earlier next time.  It&#8217;s really unfair to expect total strangers to do any research *for* you.  Why should we spend more time than you do on getting you a good grade?</p>
<p><strong>What do you think? Answer below!</strong></p>
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		<title>1st European Semantic Technology Conference (ESTC2007) Initiates a New Conference Series in Semantic Technologies in Europe</title>
		<link>http://www.7x7business.com/2010/10/08/1st-european-semantic-technology-conference-estc2007-initiates-a-new-conference-series-in-semantic-technologies-in-europe/1630</link>
		<comments>http://www.7x7business.com/2010/10/08/1st-european-semantic-technology-conference-estc2007-initiates-a-new-conference-series-in-semantic-technologies-in-europe/1630#comments</comments>
		<pubDate>Fri, 08 Oct 2010 18:13:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Conference]]></category>
		<category><![CDATA[ESTC2007]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[European]]></category>
		<category><![CDATA[Initiates]]></category>
		<category><![CDATA[Semantic]]></category>
		<category><![CDATA[Series]]></category>
		<category><![CDATA[Technologies]]></category>

		<guid isPermaLink="false">http://www.7x7business.com/2010/10/08/1st-european-semantic-technology-conference-estc2007-initiates-a-new-conference-series-in-semantic-technologies-in-europe/1630</guid>
		<description><![CDATA[&#13; &#13; (PRWEB) February 6, 2007 ESTC2007 is a new European meeting place for users, practitioners, developers and researchers to discuss the applicability and commercialization of semantic technologies for enterprises and public organizations. ESTC also enables delegates to understand Semantic Technologies and their potential and how to exploit these technologies in their organizations. &#13; The [...]]]></description>
			<content:encoded><![CDATA[<p>&#13;<br />
                  &#13;</p>
<p class="releaseDateline"> (PRWEB) February 6, 2007 </p>
<p> ESTC2007 is a new European meeting place for users, practitioners, developers and researchers to discuss the applicability and commercialization of semantic technologies for enterprises and public organizations. ESTC also enables delegates to understand Semantic Technologies and their potential and how to exploit these technologies in their organizations.</p>
<p>&#13;</p>
<p>The conference will be held in Hofburg Redouten SÃ¤le, Vienna, Austria, May 31 Ã¢Â€Â“ June 1, 2007 and will feature case study and practical experience presentations, workshops and tutorials, invited talks and an industrial exhibition.</p>
<p>&#13;</p>
<p>Conference chairman Dr John Davies, Head of BTÃ¢Â€Â™s Next Generation Web unit, said Ã¢Â€ÂœI am very pleased to be able to announce the initiation of this conference series. Given the increasing maturity of semantic technology, the time is right to complement more technical and academic conferences in this area with an annual European conference focusing on deployment and the commercial benefits semantic technology can deliver.Ã¢Â€Â</p>
<p>&#13;</p>
<p>The ESTC2007 Organization Committee invites the submission of case studies and practical experience papers and/or presentations, tutorial and workshop proposals on the development and application of Semantic Web technology, including in the following subject areas: </p>
<p>&#13;</p>
<p>&#13;<br />
  Industrial and governmental Deployments of Semantic Web technologies:&#13;<br />
&#13;<br />
 Â Â Â Â  value proposition and business case, return on investment, &#13;<br />
&#13;<br />
 Â Â Â Â  ease of adoption of technologies, gaining end-user acceptance,&#13;<br />
&#13;<br />
 Â Â Â Â  system evaluation,&#13;<br />
&#13;<br />
 Â Â Â Â  problems encountered in deploying semantic technology,&#13;<br />
&#13;<br />
 Â Â Â Â  limits (and limitations) of semantic technology today,&#13;<br />
&#13;<br />
 Â Â Â Â  dos and donÃ¢Â€Â™ts of applying semantic technology,&#13;<br />
&#13;<br />
 Â Â Â Â  recognising the need Ã¢Â€Â“ when to apply semantic technology,&#13;<br />
&#13;<br />
 Â Â Â Â  integration with legacy systems, and so on;&#13;<br />
&#13;<br />
  Semantic Technology for Data and Information Integration;&#13;<br />
&#13;<br />
  Business Rules and Vocabularies;&#13;<br />
&#13;<br />
  Management of content and unstructured data in legacy systems;&#13;<br />
&#13;<br />
  Semantic Technology for Knowledge Management;&#13;<br />
&#13;<br />
  Business Process Management;&#13;<br />
&#13;<br />
  Ontology Engineering: knowledge acquisition, ontology creation and management (e.g. evolution, evaluation);&#13;<br />
&#13;<br />
  Semantic Web for e-Business, e-Health, e-Government, Multimedia, Bio-Pharmacy; &#13;<br />
&#13;<br />
  Semantic Interoperability in Data and Services for the Enterprise;&#13;<br />
&#13;<br />
  Semantic Web Services, Tools and Applications;&#13;<br />
&#13;<br />
  Semantic Mining for Business Intelligence;&#13;<br />
&#13;<br />
  Semantic Searching, Querying, Navigation and Browsing;  &#13;<br />
&#13;<br />
  Semantic Annotation of Data, Resources and Services.&#13;</p>
<p>For further details please see the conference website http://www.estc2007.com/. </p>
<p>&#13;</p>
<p>ESTC2007 is organized with support from the Austrian Computer Society and from the European Semantic Systems Initiative (ESSI) http://www.essi.org/ and is sponsored by a number of major European organizations.</p>
<p>&#13;</p>
<p>For more information please contact: </p>
<p>&#13;</p>
<p>Ilona Zaremba</p>
<p>&#13;</p>
<p>DERI, University of Innsbruck</p>
<p>&#13;</p>
<p>Technikerstrasse 21a, A-6020</p>
<p>&#13;</p>
<p>Innsbruck, Austria</p>
<p>&#13;</p>
<p>ilona.zaremba  deri.org</p>
<p>&#13;</p>
<p>+43 512 507 96818</p>
<p>&#13;</p>
<p>###</p>
<p>&#13;<br />
 &#13;<br />
                &#13;<br />
                <br clear="all" /></p>
<p>More <a target="_blank" href="http://www.7x7business.com/category/technology">Technology Press Releases</a></p>
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		<title>McObject and Logic Technology Expand Distributorship in Europe</title>
		<link>http://www.7x7business.com/2010/09/23/mcobject-and-logic-technology-expand-distributorship-in-europe/1258</link>
		<comments>http://www.7x7business.com/2010/09/23/mcobject-and-logic-technology-expand-distributorship-in-europe/1258#comments</comments>
		<pubDate>Thu, 23 Sep 2010 13:13:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Distributorship]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[Expand]]></category>
		<category><![CDATA[Logic]]></category>
		<category><![CDATA[McObject]]></category>

		<guid isPermaLink="false">http://www.7x7business.com/2010/09/23/mcobject-and-logic-technology-expand-distributorship-in-europe/1258</guid>
		<description><![CDATA[&#13; Issaquah, WA (PRWEB) September 9, 2004 In an agreement signifying a mutual vote of confidence, McObject, developer of the eXtremeDB in-memory embedded database, and Logic Technology BV, distributor of embedded development tools and embedded software, based in the Netherlands, have expanded Logic TechnologyÃ‚Ã‚Â’s role as a distributor of McObjectÃ‚Ã‚Â’s technology, adding two large European [...]]]></description>
			<content:encoded><![CDATA[<p>&#13;</p>
<p class="releaseDateline">Issaquah, WA (PRWEB) September 9, 2004 </p>
<p> In an agreement signifying a mutual vote of confidence, McObject, developer of the eXtremeDB in-memory embedded database, and Logic Technology BV, distributor of embedded development tools and embedded software, based in the Netherlands, have expanded Logic TechnologyÃ‚Ã‚Â’s role as a distributor of McObjectÃ‚Ã‚Â’s technology, adding two large European markets to Logic TechnologyÃ‚Ã‚Â’s territory. The agreement gives Logic Technology exclusive rights to market and re-sell McObjectÃ‚Ã‚Â’s software in the United Kingdom and in Scandinavia (Sweden, Denmark, Norway and Finland). Logic Technology previously had exclusive McObject distribution only in the Benelux countries, which it retains. </p>
<p>&#13;</p>
<p>For its part, Logic Technology is strengthening its commitment to McObject by increasing the personnel and other resources devoted to selling eXtremeDB and related products. Designating McObject as a top-level supplier, Logic Technology will assign a product manager to improve communication, build up expertise and create demand for McObjectÃ‚Ã‚Â’s software. </p>
<p>&#13;</p>
<p>In addition, Logic Technology engineers will receive regular training on eXtremeDB software, and will be expected to identify appropriate McObject partners in each territory and to establish and build these relationships. </p>
<p>&#13;</p>
<p>&#8220;Logic Technology is pleased to expand its commitment to McObject, which has proven itself with an impressive, growing list of customers, and also with a flow of enhancements. McObjectÃ‚Ã‚Â’s eXtremeDB High Availability fault tolerant data management solution shows particular promise in telecom equipment manufacturing, and the eXtremeWS tiny-footprint Web server offers a compelling tool for efficiently monitoring and controlling a wide range of embedded devices,&#8221; Logic TechnologyÃ‚Ã‚Â’s managing director Leon Houwen said. </p>
<p>&#13;</p>
<p>&#8220;This new distribution arrangement enhances both Logic TechnologyÃ‚Ã‚Â’s expertise on McObject products, and the distributorÃ‚Ã‚Â’s potential return on investing this expertise in new markets. By working more closely together, McObject and Logic technology will identify and address more customer data management challenges in the UK and Scandinavia, and thus gain market share,&#8221; McObject Co-founder and CEO Steve Graves said. </p>
<p>&#13;</p>
<p>About McObject </p>
<p>&#13;</p>
<p>Founded by embedded database and real-time systems experts, McObject offers proven data management technology that makes intelligent devices smarter, more reliable and more cost-effective to develop and maintain. McObject counts among its customers industry leaders such as DaimlerChrysler, Tyco Thermal Controls, Genesis Microchip, Motorola and Boeing. McObject, based in Issaquah, WA, is committed to providing innovative technology and first rate services to customers and partners. The company can be reached at +1-425-831-5964, or visit www.mcobject.com &#13;
</p>
<p>&#13;</p>
<p>About Logic Technology </p>
<p>&#13;</p>
<p>Based in the Benelux region in the heart of Europe, Logic Technology offers complete development suites for most popular micro-processors, -controllers, RISC and DSP architectures. The company offers high-performance development tools as well as embedded software, including products for code generation, simulation, and real-time in-circuit emulation, as well as real-time operating systems with powerful source-level debuggers for most popular processors. Logic TechnologyÃ‚Ã‚Â’s Embedded Software group offers Embedded TCP/IP networking products, BIOS, driver and BSP development solutions, and compiler/assembler/linker tool-chains. The companyÃ‚Ã‚Â’s Interconnect Solutions specialists match customers with appropriate debug accessories, bug catchers, package converters and related technology. Visit Logic Technology at www.logic.nl. </p>
<p>&#13;</p>
<p>McObject, eXtremeDB and eXtremeWS are trademarks of McObject LLC. All other company or product names mentioned herein are trademarks or registered trademarks of their respective owners.</p>
<p>&#13;</p>
<p># # #</p>
<p>&#13;<br />
<br clear="all" /></p>
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		<title>Institute for Lean Innovation to Facilitate Pre-Conference Workshop at the &#8220;Front End of Innovation Europe&#8221; Conference</title>
		<link>http://www.7x7business.com/2010/08/20/institute-for-lean-innovation-to-facilitate-pre-conference-workshop-at-the-front-end-of-innovation-europe-conference/428</link>
		<comments>http://www.7x7business.com/2010/08/20/institute-for-lean-innovation-to-facilitate-pre-conference-workshop-at-the-front-end-of-innovation-europe-conference/428#comments</comments>
		<pubDate>Sat, 21 Aug 2010 06:15:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Innovation]]></category>
		<category><![CDATA[Conference]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[Facilitate]]></category>
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		<description><![CDATA[&#13; Mackinac Island, MI (PRWEB) November 16, 2006 The Institute for Lean Innovation, home of the Lean Innovation CUBE, today announced that Bart Huthwaite, Institute Founder, will facilitate a three hour pre-conference workshop at the Front End of Innovation Europe on January 22, 2007, in Munich, Germany. &#13; The presentation, &#8220;The Innovation CUBE: How to [...]]]></description>
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<p class="releaseDateline">Mackinac Island, MI (PRWEB) November 16, 2006 </p>
<p> The Institute for Lean Innovation, home of the Lean Innovation CUBE, today announced that Bart Huthwaite, Institute Founder, will facilitate a three hour pre-conference workshop at the Front End of Innovation Europe on January 22, 2007, in Munich, Germany.</p>
<p>&#13;</p>
<p>The presentation, &#8220;The Innovation CUBE: How to Turn Great Ideas into Business Solutions&#8221; is scheduled from 1:00 p.m. to 4:00 p.m. at the ArabellaSheraton Grand Hotel Munich.</p>
<p>&#13;</p>
<p>The conference, produced by the Institute for International Research, will feature speakers from Adobe, Google, Unilever Foods, Pricewaterhouse Coopers, Massachusetts Institute of Technology, Ryanair, Siemens and many more.</p>
<p>&#13;</p>
<p>The Institute for Lean Innovation assists corporations such as General Dynamics, Motorola, Raytheon, Masco, Microsoft, General Electric, Johnson &amp; Johnson and others with integrating Lean Innovation, using the Innovation CUBE methodology, into on-going Lean, Six Sigma and Continuous Improvement initiatives. The Lean Innovation Cube provides a platform for a systematic and repeatable innovation process without disturbing existing initiatives.</p>
<p>&#13;</p>
<p>To learn more about the Institute, please visit our website at www.innovationcube.com.</p>
<p>&#13;</p>
<p>Contact:</p>
<p>&#13;</p>
<p>John Keogh</p>
<p>&#13;</p>
<p>Institute for Lean Innovation</p>
<p>&#13;</p>
<p>906-847-0966</p>
<p>&#13;</p>
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<p>Related <a target="_blank" href="http://www.7x7business.com/category/innovation">Innovation Press Releases</a></p>
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		<title>Helps Banks Efficiently Price New Deals to Improve Profitability</title>
		<link>http://www.7x7business.com/2008/04/29/helps-banks-efficiently-price-new-deals-to-improve-profitability/23</link>
		<comments>http://www.7x7business.com/2008/04/29/helps-banks-efficiently-price-new-deals-to-improve-profitability/23#comments</comments>
		<pubDate>Tue, 29 Apr 2008 18:05:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Banks]]></category>
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		<guid isPermaLink="false">http://www.7x7business.com/?p=23</guid>
		<description><![CDATA[Cognos, an IBM company and world leader in business intelligence and performance management solutions, today announced the launch of a new performance application designed to help commercial bankers efficiently price new deals, taking into consideration associated risk factors and the profitability of the overall customer relationship. The IBM Cognos Relationship Pricing for Commercial Banking Blueprint [...]]]></description>
			<content:encoded><![CDATA[<p>Cognos, an IBM company and world leader in business intelligence and performance management solutions, today announced the launch of a new performance application designed to help commercial bankers efficiently price new deals, taking into consideration associated risk factors and the profitability of the overall customer relationship.</p>
<p>The IBM Cognos Relationship Pricing for Commercial Banking Blueprint offers commercial banks a performance management framework that enables relationship managers to efficiently model and price both credit and non-credit deal scenarios that are in line with corporate objectives. Managers can analyze proposed deals against a customerâ€™s existing portfolio, giving them complete visibility into the customerâ€™s total projected profitability and corresponding risk, making it easier to identify a deal price that will meet or exceed a bank&#8217;s defined earnings hurdle rates, and improve risk-adjusted return on capital.</p>
<p><span id="more-23"></span></p>
<p>â€œIn this climate of economic uncertainty, punctuated by the recent sub-prime mortgage crisis, effective pricing of products and services for customers is critical. Competitive pricing, at the relationship level in particular, stimulates organic growth, drives new customer acquisition and cross-selling opportunities, and improves overall profitability and risk management,â€ said Patricia Hines, senior analyst, wholesale banking, at TowerGroup.</p>
<p>Combining out-of-the-box functionality from IBM Cognos 8 Planning and IBM Cognos 8 Business Intelligence (BI) software â€“ including dashboards, analytical reports and a pre-configured data model â€“ and encompassing banking industry best practices, the IBM Cognos Relationship Pricing for Commercial Banking Blueprint features:</p>
<p>    * pricing capabilities for Credit and Treasury services<br />
    * deal and relationship profitability analysis capabilities for multiple pricing scenarios<br />
    * user-defined dashboards offering relationship managers book of business, profitability and proposal information to facilitate decision-making<br />
    * flexible dashboards offering executives high-level, up-to-date revenue, profitability and risk information across all portfolios<br />
    * centralized administration and integrated workflow to ensure consistency and accuracy across the loan pricing modeling, analysis and approvals process. This includes a pricing approvals form, displaying all of the deals that require approval and the high-level details of outstanding proposals</p>
<p>â€œSpreadsheet-based pricing models are ineffective because they cannot deliver holistic customer relationship information and insights which commercial bankers need to effectively price new business. These shortcomings are magnified given banks heightened focus on operational efficiencies and risk mitigation,â€ said Francis McKeon, banking industry director at Cognos. â€œThe IBM Cognos Relationship Pricing for Commercial Banking Blueprint offers a consistent best practice risk-based pricing model where relationship managers can quickly evaluate new business pricing scenarios, measure their profitability and associated risk impact, then compare it against corporate hurdle rate targets. This assures executives that pricing deals are being developed in line with corporate goals, and can be easily adjusted as strategies change.â€</p>
<p>Available immediately to customers, the IBM Cognos Relationship Pricing for Commercial Banking Blueprint is the fifth in a series of Banking Performance Blueprints launched by Cognos since 2006, including solutions for branch performance, corporate and retail banking customer segment performance, and risk-adjusted profitability. Cognos also offers a Performance Blueprint for insurance product profitability.</p>
<p>Cognos is a recognized leader in delivering performance management solutions for the banking industry. Over 1,000 financial services institutions worldwide use IBM Cognos solutions, including nine of the top 10 banks in Europe and all of the top 10 banks in the United States. </p>
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