Showing posts with label organizations. Show all posts
Showing posts with label organizations. Show all posts

Friday, 19 September 2014

Creating best solutions in an intelligent way



Today, many organizations are facing a crisis of data explosion. This information is so vast and dynamic that needs to be managed into defined, structured and useful information. Corporates use BI as a weapon to fight any fraud, abuse of material and to improve their business because it empowers decision makers at all levels of management.
Business Intelligence is also known as data warehousing as an organization’s information is consolidated to provide quick notifications of the organization’s business expectations, advanced reporting and analysis capabilities. This provides the ability to compare data in order to improve tactical and strategic management.
The process that enables Business Intelligence entails clear definition of business requirements, translated into technical terms by means of Extracting, Transforming, Loading / presenting data, often referred to as ETL or ETP.  Transformation of data into meaningful information requires the application of specific context, derived in a flexible manner. One of the biggest challenges in developing a data warehouse is determining the value of the data you keep. The successful data warehouse will be the result of a balancing act.
Good business Intelligence is the heart of every Organization and data is king, an enabling technology that provides the right context to the right person at the right time, which in turn gives an organization the insight they need to achieve real business agility.
Arowana’s Business Intelligence helps you to understand and embrace strategic planning for business growth, by identifying key trends and patterns in an organizations data. Arowana grants a 360 degree view of the business, enabling one to easily share data across business and give immediate access to vital customer and financial information. There are various tools which we use to integrate the information at fingertips for our customers.
While historically, business intelligence may have provided information at a management level only, extending the reach of business intelligence is becoming more important than ever. Simple, easy to use tools can be used by anyone across the business, helping you to share information across different departments and therefore save time on reporting and analytics.
The right approach to delivering information to the business is innovative thing and flexible designs. An organizations business may survive without applying BI, but must be tactfully enough to outsmart their competitors.

The best way to create smart solutions in an intelligent way is by warehousing unstructured data into an informative pile, track down all changes and influences that occur in a business with easy to use, cost efficient business tools.

Tuesday, 16 September 2014

Corporate Treasurer’s challenging Role



A treasurer in any department play’s a key role. Any institute, industry or a large organization will have a treasury section which requires knowledgeable people to handle it.
Treasury is a sector which involves several key risks related to interest rates, credit, currency, commodity and operations. Large organizations face some or all of these risks to varying degrees. Corporate treasurers generally manage corporate finances and ensure a judicious use of surpluses in Investments and money markets.
Treasurers serve as financial risk managers that seek to protect a company’s value from the financial risks it faces from its business activities. When a risk arises, it can arise from any and many sources, the role requires an understanding of many businesses and the ability to relate and communicate with various financial professionals.
Much before the 20th century, many companies were small, family owned and family run, but toady with the evolution of public ownership many large international conglomerates have boomed that trade publicly on one or many global exchanges.
The CFO (Chief Financial Officer) is responsible for analyzing and reviewing financial data, reporting financial performances, preparing budgets and managing financial expenditure and costs. Along with checking the corporation’s financial health, integrity and security, he is also responsible for carrying out the Board’s directive in organizational policies associated with the financial exposure of an organization, while transacting any third party financial arrangement. Adherence to policies will be monitored to avoid preventable financial exposure.
In many Banks and corporate organizations, lack of proper risk management leads to several external influences. There are many corporate solutions in the Market to handle these risks. Majority of these risk management tools comes with a large numbers of bells and whistles, making the product expensive or difficult to use and manage.
What an organization requires is, fully integrated solution covering cash, debt and investments, financial risks treasury accounting, basically a straight forward Treasury and Risk management solution. Companies need to ensure that their corporate financial strategies are appropriately aligned, then ensure the returns are adequate and that appropriate risk management techniques are deployed. 

It is clear that executive management and corporate treasury departments have and will need to respond to this new environment. Secure banking relationships and sources of financing have become more precarious.
Executive management now requires more information and reassurance. Assumptions about risks and hedging strategies will routinely be more robustly challenged and tested. Corporate treasurers will need greater knowledge of the financial markets together with the ability to make strategic assessments and communicate them effectively to executive management. It is likely to be an exciting and challenging time to be in treasury management.
Arowana Consulting Limited, joined hands with certain leading Corporate Organizations and Treasury Domain experts to develop a simple product called Arowana Risk and Treasury Solution (ART) which is suitable for any Corporate Organization, involved with day to day Market operations in the Money Markets and Currency Markets.

Treasurers are increasingly assuming more strategic roles in companies. They have moved beyond managing working capital to becoming increasingly involved with working with a company's senior management to manage risk and boost the bottom line. 




Thursday, 28 November 2013

Data Warehousing

Why do Organizations need a Data Warehouse?
Organizations evolve over time and when they do, they accumulate a lot of data. These data results from Transaction processing systems, Business applications and other diverse non-business applications.
Such Data is widely dispersed. As technology also evolves, platforms may change. Newer applications come in. So, one will see data residing in widely dispersed systems. When all these data can be integrated and analysed, meaningful patterns emerge. Analytics on these data will reveal significant opportunities and better understanding of the markets. Application of Business Intelligence from these analytics can help Companies transform themselves, improve efficiencies, increase productivity/ profitabilities.

How can Arowana Consulting Help?
Arowana Consulting has very good experience in designing, building and implementing Data Warehouses.
We can study your organizations requirements and suggest the DW platforms and help you in finalizing an architecture that is appropriate for the organization, it's future needs and proposed growth.
We  draw up a road map for setting up a reliable Data Warehouse. We will list the risks and concerns and help you address them. The set of processes covering Extract, Transform and Load (ETL) will pose challenges.
Arowana also has the competencies in identifying pertinent data and also in sorting information in the Meta Data Repositories.
Arowana has extensive experience in Data Mining and Data Analysis and we are familiar with the latest tools. We can optimize your data and help you to use the tools to derive accurate information, which will greatly enhance efficiencies in decision making.

What Benefits can an Organization derive by setting up a Data Warehouse?
A reliable Data Warehouse is the foundation for clean data repository. A Data Warehouse is the first step towards delivery of enhanced business Intelligence. A Data Ware House saves time by acquiring and retaining cleansed data in one place. A Good Data Warehouse ensures Data Quality and Consistency. Besides a Data Ware House also provides Historical intelligence. Last but not the least, a good Data Ware house delivers a decent return on investment by improving quality of information, enhancing decision making and improving profitabilities.