What we think
In the future business must continually become more efficient, working smarter simply to stand still.
Businesses are beset by increasing demands from investors, clients, auditors and regulators in a slow growth environment. For all firms and in particular, Financial Services companies, pressure for performance from investors is intense, but at the same time matched by continually evolving, debilitating demands for demonstrable policies, procedures, systems and controls from auditors and regulators.
Demands continually shift – Management Information must be supported by information or big data that can be easily interrogated. Rules and regulations of different types represent an ever proportionally increasing cost to businesses. Businesses normally know and can appreciate what is demanded of them, the challenge comes not so much with the creation of top down rules to cater for those demands, but with the resource consuming collection of wide ranging bottom up data.
A business must be able to Define, Measure, Analyse, Improve, Control and Demonstrate all types of existing and future data.