NOVATEK

Direction

Integration of the IBM Cognos Controller system with other programs of the IBM Cognos family for the preparation of consolidated financial statements in accordance with IFRS.

Project Description

PJSC «NOVATEK» is the largest independent natural gas producer in Russia. IBM Cognos Controller, with the help of ADE Professional Solutions, was integrated with other IBM Cognos family programs and became a link for preparing consolidated IFRS statements. The deep harmonization of the handbooks has significantly reduced the preparation of the Group's consolidated statements. Due to the simplicity of the software, the system is operated in-house by «NOVATEK».