Summary: Solidatus for Enterprise Data Comprehension
Solidatus’ simple, intuitive and flexible web-based application allows organisations to rapidly discover, visualise and understand how data flows through their systems.
As regulations tighten, organisations can no longer view compliance as a ‘tick box’ exercise, and are finding ways to encourage staff to take personal responsibility, improve conduct at all levels and ensure they clearly understand their legal obligations.
Banks require their risk data reporting platforms to be built with their business needs in mind – it needs to be user-friendly, adaptable, accurate and fast in delivering reporting.
Data Cataloging - A Foundation of Data Management
To achieve high-quality data, organisations need to develop or employ a number of related data catalog artefacts, including Data Dictionaries, Business Glossaries and Data Taxonomies.
GDPR was designed to give back control of personal data to the individual while defining a clear set of rules on data protection for European Citizens. All organisations that process personal data of EU citizens must also comply.
These updates will see reporting obligations grow from 4,000 data points to more than 300,000 across 260 pages in 67 reports. Solidatus offers the potential to turn this regulatory requirement into an operational asset.
Solidatus provides a demonstrable compliance with cloud storage regulations, the right to Access and Correction, in addition to both DNC and NRIC legislation by understanding the flow and location of data.
IFRS 17 is the biggest change to insurance accounting compliance this century. It requires a substantial transformation in business process and data flows to meet the new accounting standards.
Firms need to ensure that they have sound processes for review, challenge, and aggregation of estimates used in their capital planning processes. How will you defend the soundness of your estimate aggregations?
The first challenge of IBOR transformation is to identify preferred alternatives. There are many, and not all are consistent. Where identified, the focus has been on technical aspects and the repapering of contracts – with little focus has been placed on systems and their contingent risks or any practical realities of change.
Accelerated Return on Investment - A Solidatus-Collibra Integration
Solidatus integration allows organisations to accelerate their data governance implementation by significantly reducing implementation and running costs, mitigating transformational and operational risk, achieving greater organisational alignment.
Policy Compliance and Management for a G-Sib
Solidatus delivers a collaborative, multi-dimensional modelling environment for expert analysts to create re-usable digital assets that solve their clients’ data and policy management challenges, including policy gap analysis
BCBS 239 - Global Investment Bank (G-SIB)
This G-SIB realised their existing tools had bottlenecks in operational processes, were inflexibly designed, had functional gaps, and alienated users with a lack of usability resulting in DQ issues that were exacerbated by an inability to run effective DQ analytics.
BCBS 239 - UK Retail & Commercial Bank (D-SIB)
This D-SIB was faced with a platform that was designed with a catalog-first architecture, lacking usability and flexibility, and often couldn’t handle data lineage flow volume which resulted in the input data having to be re-engineered to fit the system, rather than the system meeting the bank’s data needs.
SMCR - Global Investment Bank
Senior Managers at this Global Investment Bank attest to their organisation’s Management Responsibilities Map by providing clear and demonstrable responsibilities across complex multi-dimensional organisational structures.
VISUALISATION OF COMPLEX INTEGRATION FLOWS - PHARMACEUTICAL
A Global Pharmaceutical company needed to understand its data landscape, create a single source of truth for information and meet regulatory demands. An added challenge was having acquired numerous small companies, all of which had multiple systems ontaining important data and information.
digital transformational lineage - asset manager
A multiyear Digital Transformation Project was undertaken to move investment processes away from spreadsheets and provide the ability to transfer the management of certain asset types previously managed externally in-house.
WORKLOAD AUTOMATION - GLOBAL INVESTMENT BANK
This Investment Bank was centralising its derivative trading hardware and software into London and required its regional daily batches to be merged into one global 24 x 6 batch. A complete redesign and refactor of the regional batches into a singular global batch was required.
AUTOMATED LINEAGE VISUALISATION - GLOBAL RETAILER
Since completing the deal, the Global Retailer’s e-commerce sales have soared, climbing 63% in its most recent quarter. Online inventory has also grown, from just 10 million items last year to at least 67 million today.
Procedures and Ownership - UK Utilities
Water supply and sanitation in the UK is provided by a small number of water and sewage companies. Due to the importance of the services and the limited number of providers, it is also one of the most heavily regulated industries in the UK.
SMCR - Empowering ownership, accountability and governance
It is reasonable that senior management should take responsibility for decisions made in their areas of accountability. High-profile corporate failures, however, have prompted new senior management accountability regulations to be brought into force globally.
BCBS 239 - A solution to the compliance challenge
Platforms should user-friendly, adaptable, accurate and fast in delivering reporting. Here we explain the BCBS 239 Principles that aim to fix risk management failings in systematically important banks by improving accuracy and speed of risk reporting.
DIGITAL BANKING IN SINGAPORE AND MALAYSIA
Banks have some lineage and process flows mapped, but these are typically paper-/Excel-based or operating within existing legacy systems with their own constraints. There is an opportunity to structure a new business model based on a solid operational blueprint.
Data Cataloging - Define, Classify, Locate and Maximise the Value of your Data
Data Catalogs allow business and technology users to speak the same language by linking Business Glossaries, Data Dictionaries and Data Lineage models together.
DATA PROTECTION BY DESIGN AND DEFAULT
GDPR ushered in a new era for the protection of personal data from organisations misusing it. It forced organisations take pause and assess their management of personal data, its use, access, location and purpose.
Summary: Delivering total data clarity
Solidatus allows the rapid capture, storage and visual representation of data lineage, with its supporting metadata coupled with an enterprise Data Catalog.
The Solidatus API allows metadata and lineage to be read and updated programmatically, without a user having to interact with the web-based interface.
Solidatus speeds up lineage discovery by automatically detecting likely attribute mappings between systems and allowing users to rapidly confirm or reject the connectivity suggestions.
Graphs visualisations enable organisations to discover valuable business insight through alternative abstractions on highly complex and extensive data lineage.
Solidatus’ highly tuned user interface speeds up the manual analysis and documentation often required on data lineage projects, especially for future-state planning and what-if analysis.
Identity and Access Management
The combination of regulatory diversity, the changing technology landscape and the explosion of data exploitation has created a situation whereby access management has become less controlled than is desired.
Solidatus can automatically discover and visualise lineage across critical business processes that include mainframe systems.
Anti Money Laundering
Traceability across legislation, policy, data structure and process is a key enabler of anti-money laundering capability.
Google Cloud Integration
The Solidatus Google Cloud Platform (GCP) integration suite helps to discover data structures and lineage
The rich suite of connectors and the Solidatus API enable organisations to fully automate data lineage documents from various sources, including data governance tools, spreadsheets, data dictionaries, databases and ETL tools.
As companies take the technological leap forward to use Cloud technologies, they need to consider the cloud-data governance issue at a detailed level.
Simple to use
The intuitive and simple web interface is easy to use and requires little or no training.
IDENTIFY MISSING DATA
Immediately start modelling and easily identify where additional discovery is required.
Solidatus is a browser based application and it can be up and running in the cloud in minutes.
Accelerate discovery by sharing parts of the models to identified system experts to fill in the detail.
Solidatus has been engineered to provide organisations with the perfect tool to visualise their data landscape.
See Solidatus in Action