End-to-End Architecture
Our offering
End to End Architecture capability across data, applications, business process and infrastructure, specialising in Insurance and Banking Architecture.
How we differ
We understand the applications, the joins and gaps between them and how to bring them together in a way that delivers the End to End business benefit that clients are looking to achieve.
Finance Applications Architecture
We develop architecture roadmaps working with existing and emerging architectures to help clients understand the transition states, data flows, processes and controls required for each step in their transformation journey.
Products covered: Oracle, SAP, Aptitude, LucaNet, Tagetik
Banking
Architecture
With specialisms in Retail and Investment Banking, we use our experience to help clients define what they need from their architecture, from product sub-ledgers and granular data models (such as OFSAA) all the way through to Statutory (IFRS 9) and Regulatory (FINREP/COREP) reporting outputs.
Products covered: Oracle, SAP, Aptitude
Insurance Architecture
Our in depth knowledge from working in Insurance accounting and operations for many years gives us a unique insight into the data flows, actuarial and accounting processes and the nuances of Solvency II, IFRS 17 and the Reinsurance operating environment to help clients shape the right architecture and chose the right applications for their business.
Products covered: Oracle, SAP, Willis Towers Watson
Enterprise Performance Management (EPM)
Our offering
Full EPM capability covering externally facing applications (Consolidation, Reporting, Disclosure Management & Corporate Tax) internally facing applications (Planning, Budgeting & Forecasting) and underpinning applications (Account Reconciliations and Cost Management & Allocations).
How we differ
Our End to End approach allows us to help clients to really focus on the critical flows of data (and associated business processes) between EPM applications, and to and from the related ERP applications.
Group Consolidation & Disclosures
We have a unique approach to consolidation that starts with a detailed understanding of the data structures and logic of the General Ledger and underlying accounting data sources to ensure gaps, challenges and reporting and disclosure needs are identified early.
Products covered: Oracle, SAP, LucaNet, Tagetik
Corporate Tax
We cover all elements of the corporate tax process from the traditional provisioning and reporting to the more in depth areas that really benefit from ERP expertise such as ledger integration, inter-company, transfer pricing and reconciliations & controls.
Products covered: Oracle, SAP, Tagetik
Account Reconciliations
With a foundation in implementing Oracle ARCS and other specialist and bespoke reconciliation solutions, we understand the importance of both keeping the process simple but also driving insight and identifying areas of risk through aggregations, RAG reporting, and strong governance & data ownership.
Products covered: Oracle, Autorek, TLM
Cost Management & Allocations
Having followed the evolution of Cost Management from ABC and ABM via a multitude of driver based approaches, we know how to get the best from the applications available in a way that drives a better and earlier understanding of the client’s cost base and focuses them on management action. Our in-depth Oracle ERP knowledge leads to efficient and effective data integration and our industry specialisms allow us to build the bridge from Cost Allocation into the IFRS 17 engine processes and Statutory definitions for Insurers, and into Funds Transfer Pricing for Banking clients.
Products covered: Oracle
Planning, Budgeting & Forecasting
We operate across all areas of the planning cycle from Goal Setting through Strategic Planning into long range plans, annual budgets and into Quarterly Forecasts, rolling forecast models and daily sales planning. Every step of the way, we focus on aligning the business processes and points of governance & change with the data flows and unique combinations of applications that are used. Additionally we have specific experience in the Consolidation domain for bringing together Consolidated Actuals with approved forecasts and plans to support Group level variance reporting processes.
Products covered: Oracle, SAP, LucaNet
Enterprise Resource Planning (ERP)
Our offering
Full End to End capability from enterprise structures, accounting rules engines, ledger design and set up, and all aspects of sub-ledgers both integrated (AR, AP, Fixed Assets, Projects etc) and external product sub-ledgers (Banking and Insurance).
How we differ
Our industry specialisms and deep application skills allow us to model, define and execute full end to end accounting logic, chart of accounts design, cross-validations, governance, controls and reporting for our clients.
General Ledger
We use our combined experience to design and implement General Ledgers that sit at the heart of the finance architecture without becoming a data and process bottleneck. Putting effort into Enterprise Structures and multi-GAAP ledger design at the start, and with a focus on End to End data flows, means that the implementations are rapid and based on practicality and experience rather than just architectural purity.
Products covered: Oracle, SAP
Sub-ledgers
The key to efficient Cost Management and Cost Allocation sits in the sub-ledgers as does the practical benefits and outputs of efficient Supply Chain Management and Procurement processes. We work end to end to ensure that sub-ledgers are designed and implemented in a way that considers how the data will be captured, transformed and consumed either side of the ledger that they are a part of. This extends into externalised sub-ledgers used extensively in Banking and Insurance for product and policy data respectively.
Products covered: Oracle, SAP, Aptitude
Accounting Rules Engines
With ever evolving statutory and regulatory requirements the smart use and configuration of accounting rules engines is critical. We have pre-defined models for multi-GAAP accounting (UK, US, IFRS), business event processing for Banking and Insurance (including IFRS17 posting logic) accounting requirements and years of experience balancing the need for detail in the data with the need for efficient, low volume, straight through processing.
Products covered: Oracle, Aptitude
Data & Management Information (MI)
Our offering
Pre-defined industry Data Models, Reference Data Management expertise and broad capability across all areas of MI, Reporting and Analytics, including operational dashboards and reporting across multiple applications.
How we differ
Our combination of technical knowledge and years of using finance applications in operational Finance teams ourselves give us a unique insight into the benefits of only developing consistent, simple and trusted data sets, MI and reporting.
Master Data Management
We recommend that our clients embrace and use master data management throughout the design and implementation process and not just at the point they move into live operation because it’s so important to get right. Effective change management around data definitions, versioned hierarchies and chart of accounts dimension values and properties have a significant impact on build, testing, data migration and on the client’s confidence in their applications.
Products covered: Oracle, SAP
Finance Data
Models
We work with a number of pre-existing data models on the market as well as our own industry specific specialist solutions. Our approach puts the data model at the centre of the architecture and design process allowing us to demonstrate data flows, points of integration and worked examples to really bring Finance Transformation to life.
Products covered: Oracle, SAP, Aptitude
Banking Data
Models
We have a number of specific pre-defined hybrid models for Banking as well as in depth experience of prototyping and modelling with Oracle Financial Services Analytical Applications (OFSAA). We also work with the underlying data models that support the following key reporting frameworks;
- FINREP
- COREP
- BASEL
Products covered: Oracle, SAP, Aptitude
Insurance Data
Models
We have used our experience to develop a tailored Insurance data model that covers Life & Pensions, General Insurance, and Reinsurance. We also work extensively with the Oracle Insurance Data Foundation (OIDF) and with the more traditional Regulatory and Statutory reporting proformas for IFRS 17 and Solvency II.
Products covered: Oracle, Microsoft, Willis Towers Watson
Reporting & MI
Our architecture, design and implementation approach focus around data flows and data models. Reporting provides the user with a window on that data, which is therefore essential to get right. In addition to the external reporting proformas required, we work extensively with tailored dashboards, KPI’s and reporting views throughout the daily, monthly and quarterly reporting cycles to ensure the right information is always at our client’s fingertips.
Products covered: Oracle, Microsoft