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Software AG, a world leader in business infrastructure software, announced that it has strengthened its positioning strategy in the financial market by adding new customers and their participation in key events for the sector.

Through the implementation of Software AG’s BPM, companies can automate and streamline business processes that mean a waste of time and money as those that require interaction with various back-end applications or those that are handled through emails.

Among its main advantages, BPM enables companies to
one. Modeling a process and automate their execution “within the same platform user, without having to develop additional application functionality
2. Simulate and optimize different scenarios, so that we could analyze the behavior of the business before implementing in production
3. Be integrated into a future with Airs, leading tool in modeling processes, also owned by Software AG
4. Generate specific management indicators for the processes (BAM)
5. Having the lowest cost of ownership thanks to its high productivity
with these applications, banks are able to optimize the management of their business and, consequently, their services to the public.

The company has also participated in events aimed at industry professionals, such as the International Conference on Technology for Financial Business organized by AMBA.

“We offer a tool that fits all the requirements of financial institutions, as we seek to be a business partner of companies in the sector,” said Leander Gideon, Director of Sales for Software AG Argentina.

About IDS Schemer

IDS Schemer Group is part of Software AG and is a leading provider of software “Business Process Management (BPM), solutions and services for global corporations and public organizations. With the ARIS Platform for “Process Excellence”, the company offers a portfolio of integrated and comprehensive solution to the strategy, design, implementation and monitoring of business processes, enabling companies to continually improve overall business performance. Using the approach ARIS Value Engineering (AVE), IDS Schemer consultants bridge the gap between corporate strategy, business processes, IT solutions and process control.

About Software AG

Software AG is a global leader in Business Process Excellence. In our 40 years of dedication to innovation, we have created among other products, Anabas, the first transactional database of high performance; ARIS first platform for business process analysis, and web Methods, the first server and B2B integration platform based SOA.
We are unique in the world that offer simple solutions for the business process management (BPM), with the total cost of ownership. Our industry-leading brands, ARIS, web Methods, Anabas, Natural and IDS Schemer Consulting, represent a unique portfolio: process strategies, design, integration and control, data management and SOA based integration, implementation, processes managed by SAP consulting, and strategic services processes.
Software AG in 2009 had revenues of 847 million euros (IFRS, unedited) and has over 6,000 employees serving 10,000 corporate clients and public institutions in 70 countries.
Our comprehensive services and software solutions enable companies to achieve business results faster.

The new rules impose more frequent visits from officials of Euro stat to countries subject to prosecution for excessive deficit.

Thus, when there is reasonable doubt about the accuracy of the deficit and debt figures sent by a government in Brussels, the EU executive will send officials to the country concerned and to review firsthand the central government data, regions municipalities and social security.

In addition, Member States should provide Euro stat with the information required to examine the quality of fiscal statistics. Economic Affairs Commissioner, Olli Rein, said the new audit powers “are an essential requirement to have an economic and monetary union (EMU) strong and functioning effectively.” “We need accurate and reliable statistics on national accounts for EMU to work,” he said.

Rein announced that the first country to send a mission Euro stat when Parliament ratifies the strengthening of its powers would be Bulgaria. “We have some concerns about the functioning of statistics in Bulgaria,” he explained.

The EU executive called for and these additional powers in 2004, precisely when it was discovered that Greece had falsified data to enter the euro. However, the capital has refused to grant.

However, after coming to power, the New Greek socialist government again reviewed in October the deficit forecast for 2009 from 3.7% of GDP was estimated last spring to 12.5%. Subsequently, Euro stat has again revised upwards the Greek deficit last year to stand at 13.6%.

Distrust in the quality of the Greek statistics has been one factor that has aggravated the country’s debt crisis and forced him to benefit from the fund of 110,000 million set by the euro zone countries and the International Monetary Fund avoid bankruptcy. To avoid these problems again in the future, Member States have raised their reserves and have agreed to give more powers to the Audit Commission.

Cava de Burgos was now “fully satisfied” with the authorization of the Government of Castile and Leon Civic joining Bank and said that this decision “represents a major milestone in shaping the Group and facilitates the cruising speed it wants to acquire for its implementation on 1 July. “

The Ministry of Economy and Employment announced this afternoon at Burgos entity authorized to accede to the Institutional Protection System (SIP) which is part of the integration of the Group that conform Cava de Burgos, Cava Navarre and Cava Canaries.

This communication also states the need to obtain licenses from other mandatory to start the integration process must provide both the Bank of Spain and Spanish monetary authority, as the Ministry of Economy and Finance, said in a statement picked up by Europe Regional Government Press.

The authorization also involves compliance with all terms of the contract establishing the SIP. Cava de Burgos must submit periodic information for follow-up, the Ministry of Economy and Employment.

According to Europe Press reported Civic Banking sources, the Ministry of Finance also announced today the signing of the Ministerial Order authorizing the Group to operate, once it received a favorable report by the General Directorate of Treasury and Bank of Spain.

“In front are the relevant entries and other administrative processes to see Civic Banking SIP as the first bank operating in Spain, without consuming resources of Fob, launching a pioneering business model and growth and internationalization as key challenges future, “sources said

Civic Banking Group continues moving towards the beginning of its financial operations on 1 July. This afternoon, has announced the approval by the Junta de Castillo y Leon Cava de Burgos for joining the project of integration of the Civic Banking Group. In his note, the Ministry of Economy and Employment of the Junta de Castillo y Leon also stipulates the need to obtain licenses from other mandatory to start the integration process must provide both the Bank of Spain and the Spanish monetary authority and the Ministry of Economy and Finance.

It has been precisely the Ministry of Finance who is also the group announced today the signing of the Ministerial Order authorizing the Civic Banking Group to operate, once it received a favorable report by the General Directorate of Treasury and the Bank Spain.

Ahead are the relevant entries and other administrative processes to see the Civic Banking Group as the first SIP bank operating in Spain, without consuming resources of Fob, launching a pioneering business model and growth and internationalization as key challenges future?

Satisfaction. Cava de Burgos is shown fully satisfied with the decision taken by the Ministry of Economy and Employment of the Junta de Castillo y Leon, valuing hard work in recent months by the latter. For Burgos entity represents a major milestone in shaping the Civic Banking Group and cruise speed facilitates the group wants to acquire for its implementation on 1 July.

In Spain, one of the elements considered essential to overcome the crisis is improving the productivity of the country.

It is generally diagnosed since the mid-eighties; the growth of total factor productivity in the Spanish economy has been slowing. Among the reasons, the principal, is the lack of utilization of human capital improvement, training and knowledge-and communication technologies and information management in recent years. Obviously, there are other reasons that could be attributed side to corporate culture rather scanty or certain aspects of regulatory and subsidy policies in some sectors have helped strengthen the economy more dynamic and efficient.

At present, the negotiation of labor reform is thinking exclusively in terms of reducing the costs of explicitly linking human-capital increased productivity, but without addressing the two key issues for an economy XXI century in our country: to increase technological capital and its efficient use by companies and the empowerment of human capital-education and lifelong learning.

It is a fact that the Spanish business community, without exception, brings them to heave the empowerment of human capital – only 18% of companies used the funds for employee training last year by the deduction of contributions to Social Security – and many do not invest what they should invest in technological capital and the only thing they want is cheap labor.

The labor reform, as is being proposed we turn to an intensive economy-wage labor increasingly devalued the sole policy objective of reducing the rate a few points of unemployment.

No need to resort to the statistical series to observe that countries with higher productivity and adding value often have higher wages. While in Spain, with low wages, companies tend to invest less in capital improvements to its human and technological.

The promotion of an exchange rate to help strengthen the position of Chilean farmers and to recognize the export effort is one of the main aims of the portfolio of Agriculture, led by José Antonio Galilee. Specifically in this topic, as advanced Galilee, will work with the economic ministries of the Executive.

This and other ads that will be part of the roadmap outlined yesterday portfolio Minister within the framework of the seminar “How come the 2010-2011 season?” Organized by the National Agriculture Society (SNA) and Economics and Business “El Mercuric”. On the occasion, also presented prominent business and union representatives of agriculture, who spoke about the realities of dairy items, wine, fruit, livestock and grain production.

The Honduran economy will grow between 2.2 and 3.2 percent this year after recovering from the 1.9 percent fall suffered in 2009 by the international crisis and domestic political conflict, predicted yesterday the Central Bank of Honduras (BCH).
Members of the Board of Central Bank of Honduras

Members of the Board of Central Bank of Honduras

The information on these and other economic parameters were announced at a press conference on the “Monetary Program for 2010-2011″ which was adopted yesterday by the authorities BCH through its directory.

The president of BCH, Maria Elena Montage, reported that “an estimated annual inflation rate in December 2010 to 6 per cent, with a tolerance range of plus or minus one percentage point (pp) and 5.5 percent, with the same tolerance range for 2011. “

According to the monetary program is expected to reduce the deficit to 4.4 percent of GDP in 2010 and 4.1 percent in 2011.

The BCH also noted that “the lack of a budget to guide the management of public administration for a large part of 2009 allowed a relaxation in fiscal policy, which, added to the political crisis raised in June of that year, was in a significant increase in central government deficit which stood at 6.2 percent of GDP at year-end.”

That growth will be “driven mainly by the recovery in private consumption and external demand,” said the president of BCH, Maria Elena Montage, introducing the Monetary Programmed 2010-2011.

He recalled that in 2009 the Gross Domestic Product (GDP) “contracted by 1.9 percent, deepening the slowdown shown in 2008,” and anticipated the growth forecast for 2011 is between 3.6 and 4.6 percent.

“Based on global economic recovery in 2010, and by the return to political stability in the country, is expected to return to the Honduran economy growth path to achieve a GDP growth within a range between 2.2 and 3.2 percent, “says the document.

The report attributed the slowdown in activity to the international crisis and the effects of the internal political crisis, “which resulted in lower financial flows and a significant reduction in external and domestic demand.”

Pacheco, Hidalgo. May 28.-The Government of the State of Hidalgo not put a penny more to the new refinery project Bicentennial, proposed by the state-owned company Petroleum Mexicans for the city of Tulsa, said State Chief Executive, Miguel Osorio Chon.

After leading the ceremony for the Lifetime Achievement Award for Artistic Merit and 2010, which awarded a medal, diploma and economic stimulus to the sculptor Manuel Fuentes Estrada Hidalgo defined the ruler and the administration’s position to maintain order around the draft refining.

“Yesterday I spoke with the Director of PEMEX and told me that if we were ready to reach an agreement with the National Institute of Anthropology and History and an investigation is made,” he added.

The state ruler said that in that regard has responded to the holder of the parasitical, which would be seen to be noted that the idea is to provide economic resources of the entity, then the version of that proposed section the construction of the refinery Bicentennial archaeological remains were discovered.

“I will not get a penny more. Remember that the sites were presented and validated by them and then today can no longer ask anything to the State of Hidalgo, said the State Chief Executive.
He stressed that for this reason will have to start the refinery and build for Hidalgo.

Asked about the report that under the polygon chosen for the erection of new oil refining plant prehistoric settlements have been discovered, Osorio Chon said it appears that this is the element that place.

“But I would not have to be the subject of discussion. There was a commitment. They walked; they defined and now have to comply. It cannot be seeking this kind of issues for defaulting on a commitment, “concluded the state official.

The Index of Consumer Prices Harmonized (HICP) in Spain in May stood at the annual rate at 1.8%, two tenths more than the previous month, according to data developed by the National Statistics Institute (INE), which indicated that this behavior include the declining prices of the package and keeping prices of food and nonalcoholic beverages.

This rate of 1.8% is the highest since November 2008, when the HICP stood at 2.4%. With the rise in May, the HICP chained his third consecutive rally after gaining six tenths in March and April.

In May, as seven consecutive months in which this indicator is in positive rates after a run of eight months in negative.

Specifically, the HICP came first negative in March 2009 and reached its record low in July, with a rate of -1.4%. Since August last year, the indicator eased his fall below 1% and in October recorded its last rate so far negative (-0.6%).

To match the April CPI data harmonized with the general inflation rate, something that usually happens up or down-tenth, inflation also would record its highest rate since November 2008 (2.4%).

The Government believes that inflation has been normalized positive rates, although “light” and has predicted further increases in the CPI in the coming months.

He also believes that these increases should be increased by improving demand. Already in the fourth quarter of last year, we began to see some recovery in private demand and consumption, a trend that, according to the Government, remained in the first quarter of 2010.

For its part, the Foundation of Savings Banks (Funk) thought that inflationary pressures are still “very weak”, as evidenced by the rate of inflation is at minimum or even negative.

In fact, in April, core inflation stood at 0.1% for the first time since he began to develop an index in August 1986. However, the Government considers that this is a “point” and that the underlying returns to positive territory.