IBM Controller, previously offered as Cognos Controller, is software for financial close, consolidation and reporting. It covers the whole close cycle: consolidation, reporting and filing, including intercompany eliminations, allocations, currency conversions and acquisition calculations. It has built-in workflow, status reporting and audit trails, and supports US GAAP, IFRS and local requirements. The product connects to IBM Planning Analytics and IBM Cognos Analytics. IBM presents it as a cloud-based solution.
IBM, formally International Business Machines Corporation, has its principal executive offices in Armonk, New York, and is a US publicly listed company. The product page names no hosting regions or deployment models. A European organisation therefore needs to confirm with IBM where data is hosted and which processing terms apply, because no GDPR statement appears on the product page. As a US vendor, IBM is subject to US law, including the CLOUD Act.