A leading analyst has accused large financial software houses of "playing fast and loose? over support for the forthcoming Euro currency.
According to Dennis Keeling - chairman of the Business and Accounting Software Developers' Association (Basda) - only SAP and Peoplesoft can claim to adequately support Euro specifications, including dual Euro and local currency features, across all modules of their systems.
Keeling, whose latest review of corporate financial systems is to be published shortly by consultancy Ovum, said most of the larger suppliers are taking the dual currency approach until companies complete their transition to the Euro. However, he believes that suppliers including Coda, Dodge and Oracle cannot support dual currency across their entire suites.
He said: ?Developers are taking the dual currency approach but this has to be supported across all modules. This has proved to be a big problem for many of the big suppliers.?
Such work requires file specifications to be changed, but some suppliers have their hands tied after promising customers no further changes following the file conversion for the Year 2000 date change, he explained.
Since Keeling?s last review of financial products six months ago, he believes client/server is now starting to deliver results, but Windows continues to be a ?support nightmare?. He also sees mainframes and the IBM AS/400 enjoying a comeback as platforms for financial systems.
Enterprise-wide vendors are also growing by up to 100 per cent, while growth by best-of-breed vendors such as Computer Associates and Coda have slowed down, he said. All developers are reporting increasing sales on Microsoft NT and SQL Server platforms.
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