Reporting requirements, anti-money laundering, payment regulations and evolving directives have forced financial firms to prioritize the production and storage of accurate data to provide transparency, reduce costs and enhance the client’s experience.
Firms must establish a framework of the business concepts, standards and data definitions to ensure their IT investments contribute to a consistent and flexible architecture. This strategy helps reduce the expense of integration and increase the velocity and accessibility of information.
The IBM Industry Models for Financial Markets are a comprehensive suite of data, process and service-based models that help firms accelerate the planning and requirements analysis of business process transformation, core system renewal and consolidated reporting solutions. Data models provide blueprint for data warehouse while process and service models designed specifically for financial firms enable the optimization of enterprise-wide processes.
- Proven—Many of the top financial services firms worldwide are using the IBM Industry Models in various facets of their business-driven IT strategies, such as risk and compliance reporting.
- Business-ready—The models are proven to foster collaboration and approval between business and IT, as necessary, to turn business requirements into actionable solutions.
- Regulation aware—Subject matter experts have distilled compliance regulations into statutory reporting requirements without the need for external development.
- Comprehensive—Content garnered from multiple client engagements is turned into a suite of interrelated data models with a proven methodology and models that require minimal customization.
Featured brochure
-
The IBM Financial Markets Industry Models:
Featured brochure
-
IBM Process and Service Models for the financial services industries
Implement key strategic business initiatives faster and more reliably
