“Our challenge was to give teams a reliable view of their own scope, without losing the consistency of group reporting.”

Rémy Deloffre

Chief Financial Officer - ETIX

How ETIX, a leading data center operator in Europe and Asia, structures multi-country reporting with Nocloz

ETIX (Ethical Internet Exchange) is the French leader in proximity data centers, with a network of 19 sites, including 17 in France, serving more than 500 customers in France and Thailand. The company has established itself as a sovereign and neutral alternative, driven by a constant commitment to reliability and performance.

In this model, financial performance cannot be understood solely at group level. It must be analyzed by country, entity, data center, cluster, currency, project, expense type, and budget version.

For the Finance team, the challenge is to build a coherent view of performance while respecting the specificities of each scope: local environments, currencies, consolidation rules, budgets, intercompany flows, CAPEX, and access rights for operational teams.

With Nocloz, ETIX has structured a more reliable, more granular, and more governed multi-country reporting foundation. Data from France and Thailand is now centralized into a consolidated Europe / Asia view, with analysis by cluster and data center, actual / budget / reforecast comparison, multi-currency management, and controlled publication of data to non-financial users.

Key results

Centralized multi-country reporting

ETIX can consolidate data from multiple country environments into a shared group-level view.

Analysis by cluster, data center, and entity

Finance can monitor performance according to the operational dimensions that truly structure the business.

A clearer actual / budget / reforecast view

Dashboards make it possible to compare performance against different reference versions, with the right level of detail.

Local and group currency management

Data can be analyzed in local currency or group currency, particularly for entities outside the eurozone.

Controlled sharing with operational teams

Non-financial users only access published data and the scope they are authorized to view.

The challenge

In a multi-country data center business, financial management relies on several levels of analysis.

The Finance team must monitor overall group performance, while also understanding what is happening by country, entity, data center, cluster, expense type, or project. A single P&L line may need to be analyzed through several angles: its accounting origin, analytical dimension, entity, currency, operational allocation, or budget impact.

This complexity is amplified by the international dimension. Some entities operate in euros, while others operate in local currencies. Budgets must be compared against actuals using exchange rate assumptions. Data must be available both in a local view and in a group-level view.

There is also a sharing challenge. Operational leaders need access to their figures in order to manage their scope, but they do not necessarily need to see all group data. Finance must therefore be able to share reporting more broadly, without exposing unvalidated or out-of-scope information.

The issue was therefore not only to produce consolidated reporting. It was to build a foundation capable of reconciling four requirements: multi-country coverage, granularity, control, and distribution.

What Nocloz enabled

Nocloz enables ETIX to structure its reporting around its operational and geographical realities.

The platform can organize data by country environment, then aggregate it into a group-level view. Teams can therefore work on local scopes while maintaining a consolidated view for Finance. This logic makes it possible to monitor Europe, Asia, or specific entities separately, before bringing everything together into a single reporting foundation.

Nocloz also enables ETIX to use its own analytical dimensions: clusters, data centers, entities, projects, expense types, and intercompany flows. Finance can build views that reflect the way the business is actually managed, rather than being limited to a standard accounting view.

On the budget side, the platform makes it possible to compare actuals against several reference versions: annual budget, reforecast, or updated views. Data can be analyzed month by month, year-to-date, or over rolling periods, depending on management needs.

Currency management adds another layer of analysis. Data from entities outside the eurozone can be loaded in local currency, then converted into group currency. This allows Finance to preserve a relevant local view while producing a consolidated view in euros.

Access rights also play a central role. An operational leader can access only the clusters, entities, or data that concern them. Finance retains control over the visible data, the level of detail exposed, and the moment when data is published.

Finally, the publication system makes it possible to distinguish between Finance work in progress and validated data. Finance users can work on a live view, correct mappings, rerun processes, or prepare the closing. Non-financial users, meanwhile, only access the latest published version.

The impact

With Nocloz, ETIX has reporting that is better aligned with its international and operational organization.

Finance can centralize multi-country data, monitor local entities, analyze clusters and data centers, compare actuals against budget, and control how information is shared with teams.

For the Finance team, this means less dependence on separate files and manual restatements. Mapping rules, analytical dimensions, scopes, access rights, and publication versions are structured within a single foundation.

For operational leaders, this means more direct access to useful, readable financial data, limited to their own scope. They can monitor their expenses, budget variances, or key indicators without systematically relying on a Finance extraction.

For the group, this means a stronger ability to manage a growing organization spread across multiple countries, currencies, and sites.

What this case demonstrates

The ETIX case shows that international financial reporting cannot be limited to consolidating numbers.

To manage a multi-country group, companies need a foundation capable of connecting accounting data, operational analytics, budgets, currencies, entities, clusters, and access rights.

Nocloz turns this complexity into reporting that is clearer, more governed, and easier to use. Finance retains control over the data, while giving business teams the views they need to manage their own scope.