"R" Integrated Analytics
Solve your data analytics challenges
The ability for businesses to be able to make predictions based on their data is imperative for making the right future decisions.
Our integrated data analytics solution helps the leading financial institutions meet their analytics needs to understand the true behavior of data in order to make predictions and improve processes. It uses the R language and includes features like machine learning, anti-fraud analysis and risk management prediction, making Irion the right choice.
The Challenge Before adopting Irion, Axpo’s energy production planning was a manual process that involved many operators. The Toller Process Optimization (TPO) was constantly on hold to be able to read information from the energy distribution site manager. Data accuracy had to be verified, file formats had to be converted and then transferred from the…
For top banking institutions, quality data is key when it comes to satisfying and complying with the rigorous controls of Anti-Money Laundering (AML) regulations. Immediate and consistent results are a must, and the data quality has to be wholly correct right down to the very last record. The urgency and imperative nature of these demands…
Intesa Sanpaolo needed a system that provided greater efficiency and a better quality of results when it came to the reconciliation of operational flows between their various Front Office and Back Office systems. Too much of the process was manually executed and too many individual financial and operative tools had entered the chain, which in turn…
Fideuram Asset Management Ireland’s soft commissions management system was complex to say the least. A manual process, locally managed by various departments across the company, it was disjointed and lacked integration. Not only that, but the entire procedure was based on individual productivity tools with no allowance for proper process tracking. In short, management of…
Use just one tool. With Irion, analytic capabilities are already included in the platform, so you can avoid the complexity of having to adopt many different tools, which completes your EDM organization strategy.
Machine Learning & Statistics
Use standard statistics to solve financial issues and gain, for example, an Equity Prices Linear Regression Model. Or, use advanced Machine Learning algorithms to gain, for example, Random Forrest Loan classifications.
Our user lab lets you test and simulate your machine learning algorithms, so you can prepare data, select features, partition data, use predictive modelling, have a score for that model, and then evaluate it, giving you the most refined and optimized algorithms.
"Irion has reduced our operational risk dramatically and given us a standard system for data controls for our worldwide branches, allowing us to finally be able to reconcile P&L between front and back office systems."
— IT Manager for Foreign Branches, Largest Italian Bank Group
Use our powerful R engine to write your own analytic rules or algorithms, from simple technical rules, to complex business rules. The R engine is easy to use since it is a standard, open and well-known language.
Our analytic capabilities are completed integrated with the Irion platform so that your other data management processes, like acquisition and quality, are full integrated with your analytics.
Scalability and Performance
The Irion approach is always rapid and agile, so data simulation is easier than ever. Also, executions can be simply scaled from local-client environments to server executions, making it easy to scale solutions from more simple data management problems to a big data analytic projects.
Request A Demo
Schedule a walkthrough with a member of our team today!
A web meeting typically covers:
- External Source Connectivity
- Business and Control Rules
- Publishing and Reporting
- Audit capabilities