The Business Challenge

One of SA’s Major Financial Services groups needed to consolidate reporting that was decentralised across different divisions that were making use of a variety of reporting tools.  The challenges included:

• The collation of data from disparate sources
• Including complex reporting based on custom-built financial risk models
• Lack of regulatory reporting for compliance that could lead to possible governance penalties
• Difficulty obtaining buy in from organisation-wide stakeholders

The Goal

The objective was to architect a reporting solution that:

• Would meet the functionality and usability needs of the different divisions
• Would include an industry best-of-breed analytics engine to cater for complex financial reporting requirements.
• Could be easily adopted by the divisions within the organisation (facilitate stakeholder buy-in) to ensure timeous delivery of the solution.

The Solution

The architecture and presentation of a diagram-based model, where the client could visually depict the end-to-end technical solution landscape and business users could understand the proposed process and solution.

The Approach

Our Business Analyst resource played a pivotal role in the project by:

• Designing the business analysis approach
• Developing the solution approach, scope and business case
• Conducting workshops to illicit and document the requirements
• Supporting the project management function.
• Producing outputs that included:
• A business case
• Business Requirement Specification (BRS)
• Functional requirements, context diagrams, processes, domain models, business rules, constraints functional and non-functional requirements

The Value

A clear understanding (model) of a reporting solution that addressed business and regulatory requirements.  The model was used to obtain consensus and buy in from stakeholders and provided input to the implementation of a reporting solution.