Microgen Accounting Hub (MAH)

The Microgen Accounting Hub (MAH) provides a single point of control for financial and accounting data. The product delivers transparent accounting data from originating transactions to reported financials.

MAH is designed as the primary finance/accounting system for any enterprise which needs to marry transactional detail to finance, analytic or regulatory/operations reporting requirements. 

This includes wholesale and retail banks, asset and wealth managers, insurance providers, as well as the finance function in the telecom, digital media and commercial sectors.

Built using Microgen Aptitude and with its flexible rules-based accounting engine, financial data repository, and sub ledger, MAH enables enterprises to:

  • Develop systems to control and manage finance-accurate data across the enterprise
  • Provide customer, product and divisional profitability and performance management data from across disparate systems
  • Deliver a single source integration layer across finance and risk systems
  • Drill-down from general ledger balances to underlying transactional systems data and financials
  • Integrate data from across an enterprise
  • Manage complex and structured data
  • Rapidly process high transaction volumes

If you would like to discuss how Microgen can help your organisation to optimise financial processes or better manage accounting data, please contact us.

 

MAH provides enterprises with a framework for rapidly implementing primary finance/accounting systems.

The system is able to link transactional detail to finance, analytic or regulatory/operations reporting requirements, while processing large volumes of accounting detail by combining the following components:

  • A high-performance Accounting Engine that creates the accounting postings generated from standard business events.
  • A Financial Data Repository that warehouses transaction level, finance-accurate data from across an enterprise.
  • A Sub Ledger that records granular accounting transactions and prepares them for posting to a firm’s ERP, general ledger or reporting system.
  • A Single Source Layer that enables firms to integrate large volumes of data and a multitude of applications.
  • A Reporting Data Repository
  • A Cash Flow Engine

MAH has been developed using Microgen Aptitude, the Group’s high-performance application platform that enables enterprises to build and change mission-critical applications quickly while realising value from existing systems and data.