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Delta Lloyd N.V. - Fixed Assets Enquiries Design & Build
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Delta Lloyd group, part of Aviva plc, is among the top five companies in the Dutch long-term savings and general insurance markets. It is one of the leading fund managers, with 36 billion euros in assets under management. The Delta Lloyd group employs about 6,500 staff.
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| During 2004 and 2005, Delta Lloyd upgraded to CedAr e5 from QSP Financials 4.5E. As part of this upgrade, Delta Lloyd's asset management team identified the need for a number of new real-time enquiries over and above the standard enquiries supplied in the CedAr e5 Fixed Assets product.
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| elexa Consultants, via their partner JCCL, were requested to design and build the new enquiries. The new enquiries differed from the standard enquiries in that they needed to be able to display detailed historical and forecasted depreciation data in a variety of formats. Although e5 Fixed Assets has the ability to forecast detailed depreciation data, historical depreciation data is not available in the detail that Delta Lloyd required for the new enquiries.
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| The solution to the historical depreciation challenge was to begin recording periodic depreciation history for each individual asset. This history could then be extracted and formatted in such a way to satisfy the reporting requirements of the Delta Lloyd asset management team.
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| Consultants from elexa travelled to Delta Lloyd group's headquarters in Amsterdam, and working closely with Delta Lloyd's asset management team and JCCL staff, designed and built the solution on-site and delivered on-time and within budget. Delta Lloyd group went 'live' with CedAr e5 in October 2004.
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