- Posts tagged RSDataWeb
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Challenges and outlook for Australian business applications in the cloud
Recently, Computerworld Australia, the face of Australian IT, published a range of videos regarding the "Australian Cloud", presented by prominent Australian IT identities.
In this blog post we present two selected videos, which we believe are worthwhile to be watched by business people interested in "Software as a Service" (SaaS) and the future of Cloud computing in Australia. Enjoy!
First video: Provides an overview of SaaS, the application side of Cloud computing, and its importance for Australian businesses.
Second video: Challenges and outlook Cloud computing is facing in Australia.
Disclaimer: RSDataWeb is a SaaS application for Australian accounting and advice businesses, developed and hosted in Australia.
Posted by Wolf Schumacher
Using Ensemble to integrate disparate application systems
We have been InterSystems partners for a number of years and tremendously enjoy the reliability, powerful features and excellent support of its software products for developers, most notably the Caché object data base and developing environment, as well as Ensemble, its powerful integration platform.
With this post we make the readers of our blog aware of the unique capabilities Ensemble holds for integrating disparate systems. While Ensemble is known for being heavily deployed in the medical space, we use it successfully for building composite applications in the Cloud for other industries, such as Financial Services and Accounting.
Enjoy both videos:
First video: Paul Grabscheidt from InterSystems Corp explains why Ensemble is the better Integration platform for composite applications:
Second video: Joe de Santis from InterSystems Corp demonstrates key features of Ensemble for building composite applications:
Posted by Wolf Schumacher
SMSF administration in the Cloud - A RSDataWeb case study
Our recent article about "Accountants moving into the Cloud to administer SMSFs", yielded an excellent response by some large and mid-sized Accounting firms with SMSF clients.
Most of these firms are well aware of the benefits that Cloud computing can offer and are keen to start moving into the direction. The automation of investment and cash transactions is an excellent area to start, as it allows to integrate with a large number of external data providers.
RSDataWeb is a web-based data automation & integration platform, that integrates a wide range of electronic financial data feeds into streams of real-time and historic data helping to eliminate the tedious tasks of client data preparation in most accounting offices. RSDataWeb is not an afterthought by otherwise non-web oriented software vendors, but a powerful scalable web solution that saves Accounting and Advice firms real staff time and money.
As a case in point, we’ve put together a case study of an Australian Accounting firm, which automated its data preparation with the help of RSDataWeb.
Enjoy the introductory video!
View and download the presentation slides shown in the video here.
Posted by Wolf Schumacher
Australian accounting firms move into the cloud to administer SMSFs
Today the leading Financial Standard publishing house released an article written by Wolf Schumacher, Director of RewardSuper, for the Journal of Financial Planning.
Wolf's article introduces its readers into cloud computing as applied to SMSF administration. It concludes with three case studies of RewardSuper client firms, that actively use RSDataWeb, its web based data automation & integration platform for the administration of Self managed superfunds and other transaction rich client structures.
Enjoy reading the article and please let us know what you think!
Posted by Wolf Schumacher
InterSystem's vision for breakthrough applications
Recently Bill Laberis, Senior Editorial Director of International Data Group (IDG) interviewed Joe DeSantis, Vice President Software Development for InterSystems Corporation. Joe expanded on Intersystem's view of breakthrough software applications, which he classified by three aspects:
- mass personalization
- unlocking the data
- driving intelligent action
According to InterSystems three elements are needed to build a breakthrough application:
- storage of information (structured and unstructured data)
- be connectable
- provide insight
Disclaimer: We've built our Cloud based RSDataWeb automation & integration platform for Accounting and Advice firms using Intersystem's powerful and highly scalable Caché post relational Database and Development environment. We fully endorse Joe DeSantis' insights.
Enjoy the video!
Posted by Wolf Schumacher
'Platformonopoly' - investment platforms now and in the future
At the recent 2011 Wraps, Platforms and Mastertrusts conference on the Sunshine coast, Hunt's Group senior consultant Wayne Wilson presented valuable insights about where he believes the platform industry is going.
With our RSDataWeb data automation & integration solution we follow the space very closely, as our customers and their clients have massive investments placed on platforms. We always make sure that we fully automate the data flow from sources like the platforms to RSDataWeb and from there to the endpoints, i.e. accounting reporting and tax lodgements.
Enjoy!
Posted by Wolf Schumacher
Technology's role in providing superior service
A recent insightful article about 'How bad words can sometimes be a good thing in marketing', published by our favorite online mag 'strategy and business', led us to the great work of an organisation by the name of 'Up Your Service'. They help other organisations worldwide to introduce and improve on their service cultures. One of their excellent training videos concentrates on the role technology can play for providing excellent service.
The message of this video nicely coincides with how we look at clients using 'RSDataWeb', our automation and integration technology. All our clients' hard -tiring, boring and error prone- manual tasks are being replaced or eliminated with our web based technology, leaving ample room for our clients' employees and managers/partners to truly concentrate on their clients' needs and expectations.
Enjoy!
Posted by Wolf Schumacher
Cloud computing changes enterprise IT
In this ingenious video, Lee Geishecker, VP of Research at Saugatuck Technology, discusses how new Cloud Business Models are changing the landscape of IT in modern enterprises. Lee correctly states that in today’s technology and business environment it is not a question of if, but how and when Cloud computing is introduced. She consequently suggests a more holistic approach to enterprise IT in the Cloud.
We totally support this view for today’s businesses. We’ve designed and built our SaaS system RSDataWeb for Accounting and Advice firms in such a way that it easily integrates with a wide range of IT solutions and data sources. It forms a great basis for supporting any holistic reviews and enterprise application strategies for our target industries.
Posted by Wolf Schumacher
Financial Planners and Investment Platforms
Financial Planners are in the public eye at the moment, more than ever before. A number of government and professional reform projects are underway, consequently the profession is undergoing a lot of change.
Money Management has put together a highly competent rundown of the relationship between Financial Planners and investment vehicles that are generally considered to have been built for the Financial Planning profession, helping them to easily recommend and place investment alternatives for their clients. Being mostly owned and run by large institutions, platforms and wraps are not without criticism by investors and the accounting profession, though, particularly concerning fees and transparency.
Individual investors and Trustees of SMSFs that are managing their investments themselves and don't use investment managers or financial advisers, are increasingly critical of platforms and wraps.
The article below carefully examines the views of specialist researchers such as Investment Trends and the insights of industry specialists, such as Andrew Bird, Executive Director of our partner organisation Sharesight and former Morningstar CEO:
Posted by Wolf Schumacher
More success for Cloud pioneer Interactive Accounting!
Interactive Accounting had just recovered from being awarded "2011 Xero Partner of the year" (see our blog post from 1 August further down), when they made page 52 of The Financial Review, the pinnacle of all Australian financial publications.
Interactive Accounting, under the leadership of its dynamic CEO, Guy Pearson, CA, strongly believes in and pursues Cloud computing for all their accounting services. For its Superannuation services the up and coming company deploys industry leading online compliance solution superMate in integration with our leading data automation & integration platform RSDataWeb.
Our congratulations and best wishes go out to Guy and his fantastic team! Keep up the great work you are doing for your clients. Many thanks for your generous support in practice testing new RSDataWeb functionality.
Posted by Wolf Schumacher
