Corporate Reporting Business Unit

"Achieving control of the quality of information means achieving control of one’s business"

These days, the complexity of flows of information and the abundance of communication networks are daily pressures that every organisation has to be able to incorporate if it wishes to have quality information right on time.

The normalisation of information is another strategic issue. Norms or instruments such as the Basel Accord II and the norms IFRS, Solvency II, and Sarbanes-Oxley must be implemented in the best possible way so as to ensure the consistency and quality of the profusion of data being processed.
Thanks to its "industrial" approach, Deployments Factory is capable of putting in place a reporting system that guarantees you clear, useful, rapid high-quality information, whatever the size of your company and the complexity of the data to be processed.

CR BU

PROBLEMS

Complexity of information to be processed
Lack of quality and consistency of data
Necessity of implementing various international standards or European regulations within systems
Lack of coordination and cross-monitoring across a multitude of entities or different business lines
Numerous “man-machine” interactions
Large number of complex processes to manage
Difficulty of communication between all the players involved
Deadline constraints
Excessive maintenance costs
Tasks involving analysis of results too costly since insufficiently standardised
Little confidence in the calculation system
No simulation on the basis of certain parameters due to the complexity of processes and the large volume of data
No emergency solution for the calculation system in the event of failure.

SOLUTIONS

Putting in place indicators of the quality of sourced data
Implementation of “transverse thermometers” in all systems
Implementation of a transverse reporting cube in all systems
Putting in place a Reports Back Office
Planning, executing and checking processes and activities in an industrial, flexible and efficient manner (Industrial BackOffice)
Putting in place a Reports Front Office for the purpose of:

        o Industrialising analyses
            o Processing ad-hoc requests
            o Managing projects necessary for the implementation of solutions

Putting in place a programme to improve the quality of data
Implementation and rollout of a system for controlling data and managing change

            o Managing change
            o Risk management
            o Problem management

Putting in place a forecasting tool making it possible to simulate the results expected by the system.

SO AS TO:

Ensure the consistency of information and results
Ensure communication and decision-making between all the players involved (same language, central reporting, parallel estimation, etc...)
Achieve continuous improvement in quality and processes
Challenge and simulate the results of the value chain via an independent computer (stress test)

EXPERIENCE ON PROJETS

Implementation of indicators of the quality of sourced data
Transversal implementation of thermometer in X systems
Implementation of a Basel II forecasting tool
Implementation of an X-Reporting Cube
Architecture and management of project
Implementation of a reporting system :

            o Feasibility study
            o Definition of architecture and functional requirements
            o Implementation of an inflow process
            o Implementation of a collector
            o Implementation of a system of calculation (Basel II, etc…)
            o Implementation of a reporting solution
            o Implementation of a data warehouse

Set up of a "Corporate Reporting" Back Office
Set up of a "Corporate Reporting" Front Office
Implementation of a simulation tool in the context of "stress tests"

Slideshows & Papers