
InterSystems technology is used by Financial Services companies Worldwide to help drive key strategic business integration and information delivery initiatives...
*see below for glossary of terms
The move to IFRS (International Financial Reporting Standards) represents one of the biggest challenges to the financial services market in recent years. Strict regulations now make it mandatory for an organization to deliver to their Governing bodies increasing amounts of information that is accurate, dynamic, and timely.
More than ever before, Financial services companies must find the means to be more agile in their response to the fast-changing needs and requirements of both customers and their regulators. The regulation changes of Policy Mandates are driving IT initiatives within the business with more transparency and have a greater impact on the revenue figure and just as importantly, the reputational risk of the individual firms. Even though these regulations apply evenly across the sector, the response of every organisation needs to be different in order to match their needs and maintain their competitive advantage. The answer for many is not a specific IT solution or even a set of solutions, but instead a new environment of capabilities that ensures that their IT infrastructure supports rapid and continuous change to not only address the immediate legislation change, but to create new business value for the organisation.
InterSystems is working with companies across the financial services sector to address key initiatives such as:
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Management Information Provision - Rapid retrieval, consolidation, and delivery of information from disparate data sources within the business
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Infrastructure Improvements - Integration, Business Activity Monitoring, Process Management, Workflow & Messaging
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Operational Business Intelligence - Exception Management and Detection, Sense & Response
Strategic Offering #1: Expert Briefing Workshop
InterSystems, with its finance industry partner IDL, delivers an onsite expert briefing on the latest risk management and reporting issues. This analysis is then compared to the customer’s current needs creating the basis for the workshop output document outlining the potential use of how the InterSystems integrated technology platforms can be configured to produce services that help to reduce the risk and cost of compliance.
Strategic Offering #2: Proof Of Concept
InterSystems facilitates a free of charge Proof of Concept including requirements definition workshop, solution creation and delivery program, with implementation plan. This low risk approach ensures the customer has validation of the business case as InterSystems works directly, or with dedicated, highly skilled Application Partners, to deliver solutions that are both non-intrusive and rapidly deployed.
InterSystems Ensemble
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IFRS – International Financial Reporting Standards
MiFID – Markets in Financial Instruments Directive
EU AML – European Union Anti-Money Laundering

