SOURCE: BusinessGenetics, Inc.

April 17, 2008 14:02 ET

BusinessGenetics Featured in Strategic Finance Magazine

xBML Applied in the Financial World

ENGLEWOOD, CO--(Marketwire - April 17, 2008) - BusinessGenetics, leading provider of consulting and training services based on the xBML™ business modeling approach, was recently featured in the prestigious Strategic Finance magazine.

"This is a testament to wide and varied applications of the xBML business modeling method and software. The approach is very well suited for the finance and related disciplines. The rigor embedded in the methodology enables business specialists to literally 'see' how the organization functions. Business improvements can readily be identified and complex compliance needs are easily addressed in our software," says Cedric Tyler, President of BusinessGenetics and author of "Business Genetics," Wiley 2007.

The turmoil in financial markets has generated an increased need and demand for BusinessGenetics services in the compliance, risk, audit and controls disciplines. They have recently concluded a major contract for one of the world's leading financial brokerages in New York City.

Successful use of this new technology has been demonstrated at over 20 Fortune 500 companies, as well as in the federal government arena. It is claimed that over a billion dollars in opportunities have been identified for existing clients.

"Application of this technology really began with supporting a leading telecommunications company with their Sarbanes-Oxley (SOX) initiative. The company actually won an award for 'best of breed' for the effort. Thereafter it was relatively easy to refine the approach as a tool in the finance arena," adds Tyler.

xBML is a new approach to business modeling that has delivered immense return to the bottom line of many organizations. xBML enables organizations to gain an exact, comprehensive, 5 dimensional view of their business -- one that depicts the precise, complex relationship between operations, information, resources, and technology within a multi-dimensional business model. Proven in over 500 business modeling projects within the Fortune 500 & Federal Government, xBML has been used to automate the generation of business requirements; drive quantifiable business improvement, strategy and management; and to ensure regulatory compliance.

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