A solution focused on system integration for governing data from heterogeneous systems, normalization, and control for generating reports used to monitor acceptable loss limits as active reinsurers.
USE CASES
Shadow IT Replacement and Spreadsheet Substitution
Transforming spreadsheets and Shadow IT solutions into secure, governed applications
Why Irion EDM®
Avoid the risks of “shadow” solutions and “unofficial” spreadsheets
Use of ungoverned tools compromises security, auditability, and data certainty
Support evolving business requirements
Informal solutions fail to fully integrate changes and transformations into processes
Standardize and optimize procedures
Integrating unstructured logic into secure platforms improves scalability and knowledge sharing
How Irion EDM® can help you
Irion EDM structures and secures computational logic while ensuring flexibility and continuity
Integration of logic found in spreadsheets
Irion EDM is able to include the usual formulas (e.g., derived from Excel) in its calculation engines, yet enclose them in a secure, controlled environment
Progressive data structuring
Spreadsheet formatting is transformed into informational attributes and enables repeatable and certifiable processes
Evolution toward advanced dashboards and analytics
Web reports replace spreadsheets, and I optimize data visualization, graphical analysis, and optimized distribution
Key Benefits
Security and control of computational logic
Irion EDM eliminates the risks of Shadow IT solutions by ensuring compliance and auditability of processes
Reducing costs and inefficiencies
Replacement of spreadsheets reduces operational costs and improves scalability of solutions
Adaptability to dynamic needs
The platform combines flexibility and structure to meet extemporaneous and organized requirements
Related Solutions
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The solution implements a comprehensive process for collecting, verifying, and distributing market quotations to support the pricing of products and commodities, while also calculating data that is not directly observable in the market
Hub automatic ticks
Various experiences having the purpose of checking for homologous transactions in separate registers. Relevant use cases are the checking of intercompany, C/c and instant payments, with formats ranging from relational DBs to SWIFT messages
Financial Master Data Management for Solvency II
Master Data Management with focus on securities and counterparty master data used in the process of producing QRTs for EIOPA and protocols for ALEF analysis. Integrated Quality & Governance ensure data reliability and accountability.
Management control in Finance
The purpose is to analyze product margins through economic measures reconciled with the accounting view. Together with capital quantities, KPIs are constructed with which they are presented in a sophisticated reporting system.
Data Quality Internal Models – TRIM
Initiatives to support Banks adopting an internal rating model (IRB). Numerous controls monitor the quality of the ratings and allow the model to demonstrate reliability for the dimensions verified in TRIM: PD, LGD, CCF.
Start extracting value from your data today
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