Many Organizations still don't have one. They have missed the opportunity to take Business Value out of Corporate Data. Here's how to get advantage with a revolutional approach.
BISEES is member of the MIT Enterprise Forum of Cambridge, MA and a Red Herring top 100 Europe Winner! We have developed an innovative solution specifically for Financial Institutions. Our flagship product is the Banking Performance Management System (BPMS). It is based on a banking business information model that provides a holistic approach. It satisfies the need for fast, accurate, and responsive decision-making.
Exploiting data is a progressively important source of benefits for financial Institutions, whose efforts are struggling with risk of getting overlapped by competitors. Monitoring, reporting and analyzing big data leads to improved performance.
The increasingly competitive landscape and cyclical nature of the business requires timely access to accurate business information. Technical and organizational challenges associated with "big data" and advanced analytics make it difficult to build in-house applications; this ends up as ineffective solutions and become paralyzed into inaction.
Aware that analytics-driven opportunities are central to growth and success, organizations seek to capture the value. Find the best place to begin, but that entry point is elusive.
If you use analytics to justify actions, BISEES can assist to make the case for investements in analytics. We help to identify the big business challenges that can be addressed .
If you use analytics to guide actions, make the move to enterpsise analytics and manage it by keeping focus on the big issues that everyone recognizes. Collaborate to drive enterpise opportunities without compromising departmental needs. BPMS holistic and organizational-wide focus will help you.
Large-scale data gathering and analytics are quickly becoming a new frontier of competitive differentiation. Financial Institutions want to use large-scale data gathering and analytics to shape strategy.
Data-related threats and opportunities can be subtle. BISEES is here to offer an innovative approach to this overcome these threats.
We can help your bank to get Smarter by embedding Analytics to transform Insight into Action.
It takes big plans to gain the benefits of Analytics. BISEES is ready to consult you on the actions needed. That way you Reduce time to Value & Increase likelihood of transformation that is both significant and enduring.
BISEES will assist you to develop a plan. It may sound obvious, but in our experience, the missing step for most organizations is spending the time required to create a simple plan for how data, information, analytics and people come together to create business value. The power of a plan is that it provides a common language allowing senior executives, technology professionals, data scientists, and managers to discuss the two or three places to get started.
1.Focus on the biggest Opportunities first 2.Start with the Questions, not data 3.Embed Insight to drive Action 4.Keep existing capabilites while adding new ones 5.Build the new analytics foundation according to an information agenga
BPMS has proven capabilities in extracting data from disparate sources, transforming that data to provide consistency and loading it into the front-end environment, ready for exploitation. That way, officers and business managers succeeds in identifying concentrations and associations not captured through routine reporting.
BPMS captures all the major key performance indicators across business units, regions, industry and other dimensions highlighting trends, dependencies and exceptions and enabling banks to increase ownership of performance indicators and visibility of performance against target.
BPMS also combines business reporting uniquely into a single environment that delivers the flexibility to produce both regularly required reports (i.e. management reporting) and ad-hoc reports produced by non-technical staff for exception reporting for example. Reports can be in xls or pdf format.
BPMS visualisation tools provide graphical display of performance by client, region, business line, industry, credit rating etc.to provide senior management, or business managers with both performance oversight at varying levels of security and the ability to drill into specific detail, covering Root-cause Analysis. BPMS is based on the awarded platform of Qlik, with all its innovative advantages.
Used together these tools combine to provide the bank with an integrated Monitoring, Reporting & Analysis environment that can be used consistently across the bank to create a shared understanding of the profile of the business units, regions and functions. In short it delivers visibility and control.
It is a cost effective mechanism that encourages Banks to see analysis from the holistic and organizational-wide perspective and not isolated to a particular product line, region or group of branches.
BISEES Information Systems chosen as a 2016 Red Herring Top 100 Europe Winner
The recognition solidifies BISEES' position as the leading Fintech provider for Performance Management Solutions
Amsterdam, Netherlands - April 13, 2016 BISEES Information Systems, a Big Data and Performance Management Solutions solution provider offering cutting-edge turn-key solutions, in the area of performance management in Financial Institutions Sector, today announced that it has been selected a winner of the 2016 Red Herring Top 100 Europe award.
Red Herring announced its Red Herring Europe award winners at the Top 100 forum in Amsterdam, recognizing Europe's leading private companies and celebrating these companies' innovations and technologies across their respective industries. BISEES Information Systems was recognized as an industry-leading provider of FINTECH solutions.
The Red Herring Top 100 Europe Winner selection was made from approximately 1,200 privately financed companies in the European Region. Since 1996, Red Herring's Top 100 list has become a mark of distinction for identifying most promising companies and entrepreneurs. Red Herring's editors were among the first to recognize that companies such as Alibaba, Facebook, Google, Kakao, Skype, SuperCell, Spotify, Twitter, and YouTube would change the way we live and work.
"In 2016, selecting the top achievers was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Europe to the Top 100 Winners. We believe BISEES Information Systems embodies the vision, drive and innovation that define a successful entrepreneurial venture. BISEES Information Systems should be proud of its accomplishment, as the competition was very strong."
Red Herring's editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar companies in the same verticals, allowing Red Herring to see past the "buzz" and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.
About Red Herring
Red Herring is a global media company which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. Read more at www.redherring.com.