|
|
Operational risk solutions from IBM
|
|
|
|
|
|
|
| Accurately assess your risk and control posture
|
|
Financial institutions must transition their approach to risk and resilience from a basic compliance posture to a proactive and predictive enterprise-wide business strategy. Optimize your infrastructure. Protect your systems. Streamline business processes. Create well-architected applications and services. The operational risk and resilience solution from IBM provides a roadmap as well as supporting tools and services to help leverage your technology investments for compliance, competitive advantage and superior business performance.
|
|
|
|
|
| Proven technology
|
By leveraging our extensive experience in the financial services industry and our proven technology, IBM is uniquely positioned to help you to optimize and manage the business processes and technology necessary to support your risk and resiliency goals. We:
- Help build a risk and resiliency strategy that includes business process improvement objectives.
- Offer preconfigured, pre-tested software and hardware solutions, to complete infrastructure transformation.
- Provide additional skills and technology through our extensive IBM Business Partners network.
|
|
|
|
|
| A comprehensive risk and resilience solution
|
This solution provides a clear and consistent framework that can help banks and other financial institutions assess, control and manage operational risk and maintain resiliency. Components can include:
- IBM Business Component Model—to drive operational and technological rationalization.
- IBM Information FrameWork and Banking Data Warehouse—to implement a single data warehouse architecture that supports effective compliance and customer insight.
- IBM WebSphere® Business Integration Modeler—to enable the description, graphical modeling, analysis and monitoring of processes, controls and technology.
- IBM Rational® Software Architect—to ensure a clearly defined, communicated, implemented and maintained architecture and design through model-driven development.
- IBM WebSphere Customer Center—to enable you to develop and maintain a single, complete, and accurate view of customers across the enterprise.
- IBM DB2™ Data Management—to store, manage and help secure compliance, audit and event data and records.
- IBM Tivoli® Storage Manager—to provide data backup, archive and restoration, as well as compliance and disaster recovery in a hierarchy of offline storage.
- IBM Geographically Dispersed Parallel Sysplex (GDPS®)—to manage remote configuration and storage subsystems; automate recovery procedures for planned and unplanned outages to provide near-continuous availability and disaster recovery capability.
To further streamline technology management and optimize your infrastructure, we provide systems that:
- Track compliance from identification to resolution.
- Support a single data architecture and enterprise-wide data storage.
- Offer high availability to preserve business continuity.
- Recover data and applications across regions with zero trauma to meet recovery point and time objectives.
- Provide a more systematic reuse strategy using an open and extensible development environment.
|
|
|
|
|
| Managing operational risk
|
A leading U.S. financial institution wanted to improve their operational risk posture, but was unsure of where to focus and prioritize their investments. An IBM team of business consultants and IBM Research professionals implemented an analytical approach to make operational risks transparent across processes, technology and people and provide a clearer view of options for countermeasures for risk management and mitigation.
By quantifying the business value of 85 specific risks, the team found that three business resilience related risks accounted for over 90% of the operational risks. The client was then able to narrowly focus their investment plan, and demonstrate to regulators the business value of their operational improvements.
|
|
|
|
|
| The true cost of risk
|
The operational risk and resilience solution from IBM not only enables regulatory compliance and improved transparency for banks and other financial institutions, but can also help:
- Focus on high impact areas.
- Lower infrastructure and compliance costs.
- Avoid reputation risk.
- Improve service levels.
- Minimize loss events.
- Reduce regulatory capital.
- Improve your risk adjusted return on capital.
- Reduce IT costs.
|
|
|
|
|
|
|
Questions about this solution? Contact an IBM financial services specialist.
Get the financial services news and industry insights you can use. Subscribe to the Building an Edge newsletter today!
|
|
|
|
|
|
|
|
|
