It includes a rich, robust, business-focused data model, allowing different departments to store granular business information with meaningful results specific to the unit. It provides a single, integrated data repository for multiple use-cases across Finance and Risk, as well as other functions.
Common information is not duplicated but re-used and when information is sourced from a wide range of source systems, the reconciliation and enrichment tools put it together to create an aggregated view, delivering a single and trusted source of information.
OneSumX® for Data Management solution offers complete data transparency, traceability and accountability for accounting, regulatory reporting and financial risk management departments. It combines multiple disparate data (sources) into an integrated single data mart.
Banking specific data model
Security framework and auditing features
Open & extensible
Drill down to underlying data
Business Rules Engine:
Editing environment for the specification, documentation, execution and monitoring of business rules with user workflow support; it also covers the data transformations, enrichments and validation rules
History management system
Single version of truth
Full transparency is available at every step
Integrates Finance, Risk & Compliance related business information which minimizes the need for Reconciliations
From event to disclosure:
A fully integrated chain from source data to final reporting and back
Allows customers to cherry pick Finance & Risk modules and plug them on the centralized data layer and gain significant cost savings
From KPIs to individual contract details:
Support the helicopter view as well as the detailed analysis