Remote monitoring
A centralized framework between IT and Business
We managed to realize a complete platform that can be used both by IT and business structures […] this allowed us to construct a “four-handed” work model between IT and Business and it allowed us to have a time-to-market and implementation of the remote monitoring indicators that are increasingly efficient, more and more targeted at the business needs.
Luca Rubbiati
Head of Risk Management & Controls Applications Office, BPER Banca
Customer since
2018
Requirements
A report to measure anomaly indicators on branch activities
Premise: Centralize on a single framework, the implementation of anomaly indicators on branch activity for any Bank sphere (specifically today active AML, Internal Audit, and Executive in Charge) to comply with the directions of external and internal supervisory bodies.
Uniformity and Autonomy
Enabling BPER to have structured and uniform management of performance measurements, allowing end users complete autonomy in defining indicators and new areas of control over time.
Centralized Approach
A single framework for managing automated datastream acquisition, defining the measures, calculating the indicators, storing the results and browsing them via flexible dashboards that can be configured according to the specific analysis modes.
Metadata Driven
Implement an indicator catalog that can be maintained via interface, so that the user can drive the entire system behavior by changing and integrating measures, indicators, and metadata.
Versioning and Traceability
Enable versioning management of indicators, allowing verification of the logic applied over time.
Provide complete traceability of both processing stages and related records that generated the outcome, through drill-down navigation.
Provide complete traceability of both processing stages and related records that generated the outcome, through drill-down navigation.
Solution
A platform for centralization of remote control of AML and internal audit functions
Capabilities
Some of the Irion EDM features used:
Process Automation
Integrated Development Environment (Agile Development, Version Management, Intellisense, etc.)
Metadata Driven Execution, Dynamic Properties, Virtual Engine Generator
Transformation & Generation
Data Delivery (Mail notifications)
Desktop viewer (Reports, Charts Grid, Dashboard, Tree)
Logical Data Modeling (Book, Virtual Data Model & Enhanced Commands)
DataShelfTM (Generic Data Model, Dynamic Definition, Multi Storage Area)
Integrated Active Directory & Users Group & Privileges
Process Automation
Integrated Development Environment (Agile Development, Version Management, Intellisense, etc.)
Metadata Driven Execution, Dynamic Properties, Virtual Engine Generator
Transformation & Generation
Data Delivery (Mail notifications)
Desktop viewer (Reports, Charts Grid, Dashboard, Tree)
Logical Data Modeling (Book, Virtual Data Model & Enhanced Commands)
DataShelfTM (Generic Data Model, Dynamic Definition, Multi Storage Area)
Integrated Active Directory & Users Group & Privileges
Results obtained
The automation reduces the operational costs for central offices. For example, it notifies every head of a branch about potential overruns according to the indicators configured
Today, the Bank can monitor the risk it is exposed to due to the branches’ activities. Such monitoring is available on a single framework with an open architectural model that can be easily rescaled according to the needs of detection, analysis, and reporting
Full integration with business datawarehouses that feed the platform according to the consolidation policies
With Irion EDM® declarative paradigm and simple configuration UIs, the client can easily manage complex relationships relazioni in just as complex data assets
Today, the Bank can monitor the risk it is exposed to due to the branches’ activities. Such monitoring is available on a single framework with an open architectural model that can be easily rescaled according to the needs of detection, analysis, and reporting
Full integration with business datawarehouses that feed the platform according to the consolidation policies
With Irion EDM® declarative paradigm and simple configuration UIs, the client can easily manage complex relationships relazioni in just as complex data assets
Challenges
Timeliness, modularity and independence, complexity
Processing times
Make it possible for the client to respect the strict times of producing the results in a distribution chain where a considerable volume of data for analysis is provided in its entirely downstream of a consolidation process.
Modularity and Independence
Personalize the solution to enable the internal IT and Business structures act autonomously in their competence areas in process of configuration up to the level of individual attributes and result supervision.
The complexity of data
Make it possible for the stakeholders (50 people in 4 offices) to manage the data assets composed of 250 Tables and 3,500 fields, 105 datasets calculated, 4,000 attributes (control objects), 760 indicators.
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