Remote monitoring
A single centralized framework between IT and Business
Remote monitoring
A single centralized framework between IT and Business
Client testimonials
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
Among the subjects considered:
THE NEEDS, THE SOLUTION, AND THE CHALLENGES
The needs
A report for measuring anomaly indicators on the branch activities
Prerequisite: Centralize the implementation of anomaly indicators on the branch activities in any of the Bank’s areas (in particular, the currently active Anti-Moneylaundering, Internal Audit, and Responsible Officer) on a single platform to comply with the indications of external and internal regulatory bodies.
Uniformity and Autonomy
Make it possible for BPER to manage in a structured and uniform way performance measures, allowing the final users to define completely autonomously the indicators and new control areas 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
Make it possible to manage indicator versioning, allowing the verification of logic applied over time.
Enable complete traceability of processing phases and related records that generated the results via their drilldown navigation.
The solution
A platform where remote monitoring of anti-moneylaundering and internal audit functions are centralized
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
Results achieved
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
The 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.
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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