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COL partnership delivers ‘Single View’ of HR data, helping organisations execute Human Capital Management initiatives more effectively

Cambridge, UK – 6 January 2011 – Risk & Compliance screening and enterprise data management specialist, Datanomic, today announced that it has further expanded its Asia Pacific presence and the market reach of its dn:Director for HR solution through a new partnership agreement with Hong Kong-based IT services specialist, COL Limited. The partnership will enable organisations to gain business visibility through a ‘Single View’ of HR data by resolving errors and inconsistencies held in multiple discrete and often incompatible systems.

The HR issues associated with an ageing workforce, pension obligations and their various associated funds and schemes, mergers and acquisitions, and the employment of contract workers, all have implications that are reliant on accurate employee data. One of the most fundamental challenges of any enterprise system is the preparation of data to ensure it is accurate and fit-for-purpose.

Without such effort, many of the results generated by the system could be unreliable. dn:Director for HR provides a one-stop-shop for profiling, analysing and transforming data in a collaborative way to ensure HR data records are complete, helping HR departments to fully maximise their internal talent, whilst the web-based reporting of dn:Dashboard allows real-time response to report requests from the lines of business.

“Industries with a transient workforce, such as transportation, shipping, air travel, and retail must continually address the challenges of employee data management,” said Jeremy Lovett, Vice President, Data Management Applications Division for Datanomic.

“Likewise, financial services organisations often have difficulty gaining a single view from different payroll systems, following a merger or acquisition. Data can be highly fragmented, held in multiple systems, in differing formats, can be structured or unstructured, owned and maintained by individual business units or by the IT department. Consequently there is often a lack of overall employee data visibility or a ‘single view’, which can lead to a myriad of costly and time-consuming complications, potentially resulting in misallocation of resources or financial irregularities. Our partnership with COL, will enable Hong Kong-based based organisations to directly address these critical issues through a single solution.”

dn:Director for HR provides a complete data management solution tailored to the needs of the HR team, with pre-configured tools allowing them to quickly take control of their employee data and create a consistent and accurate single view. Built on the core capabilities of Datanomic’s award-winning dn:Director, the solution de-risks HR migration and HCM initiatives by ensuring they are utilising fit-for-purpose data. dn:Director for HR’s extensive, configurable and auditable data management capabilities also ensure the HR team is compliant with enterprise-wide data governance programmes, industry regulations or compliance legislation. The solution can work simultaneously with data from multiple sources across the enterprise, standardising it into a uniform format before automatically identifying and resolving duplicated entries or errors, such as missing National Insurance/Social Security numbers or a mismatch of bank account and sort-code details.

COL will be providing dn:Director for HR either as an on-premise solution for large organisations, or offered as a SaaS-based service for small and medium sized companies.

About COL

COL is a leading IT services provider in Hong Kong with over 38 years of experience. COL offers a full range of IT infrastructure and application services including flagship data centre and business continuity solution, facility management, system integration, network design and implementation as well as professional services. COL also provides application implementation services covering budgeting & planning, ERP & Supply Chain management and HRM solutions.
COL is CMMI Level 3 certified for professional services, ISO 20000 and ISO 27001 dually certified for its IT services management and information security capability. COL has been an IT services subsidiary of Wharf T&T since 2006. For further information about COL, please visit www.col.com.hk.

About Datanomic

Datanomic’s flagship enterprise Compliance Screening and Data Management software, dn:Director, helps organizations to improve compliance performance, better manage business risk, save money, streamline business processes and seize more opportunities, by identifying and eradicating problems in customer, financial and product data. Headquartered in Cambridge, UK, with offices in New York, USA, and Singapore, Datanomic was founded in 2001 and is backed by DN Capital. www.datanomic.com

For further information, please contact:

Vanessa Land
Devonshire Marketing (PR for Datanomic)
Tel: + 44 (0)870 242 7469
Email: vanessa@devonshiremarketing.com

This press release was distributed by ResponseSource Press Release Wire on behalf of Devonshire Marketing in the following categories: Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.