Services

Altkon provides consulting services and cover the following service areas:

• As-is system audits, where a high level snapshot of your organisation's current business rules and decision systems and infrastructure is carried out and documented.
• Suggestions as to where/how to make changes for greater efficiency, management and control.
• Introductions to the mind-set of "Agile Development" of business rule-sets and decision models and their deployment.
• Leveraging "management and control" and extending the life of your existing systems and infrastructure by introducing efficiency and productivity tools.
• Business rules requirements capture. Continuing optimisation.

Areas of Expertise

Financial Services

At Altkon we have expertise in the deployment of business rules and decisioning systems and architecture, specialising in the following areas.

• Credit Risk Management within banking/lending environments
• Debt Collection and strategies.
• Enterprise Decision Management.
• Departmental Policy Management and Compliance. (SOX, MiFID, Basel II)
• Spreadsheet Risk Management.
• Management of data starting with data quality (DQ) and master data management (MDM).
• We manage complex data-migrations with the Life and Pensions industry

Governance, Risk and Compliance (GRC)

Enforcement of compliance by Decision and Business Rule Management. Reporting for compliance requires accurate data.

Where business policies which relate to compliance need to be enforced, we deploy expert knowledge management tools to carry this out.

Fraud management and other areas of risk management

Decision and Business Rule Management

Enterprise Decision Management (EDM) refers to the ability to use these tools where any automated business processes are required to be carried out. They refer to the management of complexity within processes and reflect the business policies as applied to people and the ability to change or modify data within the enterprise.

Deployment of these tools is in growth phase, as organisations realise that all their business processes require governance, risk management and control. These need to be managed in one area and be available for use and re-use across the enterprise. This service fosters collaboration between business stakeholders and those employed to look after business systems, within an organisation. See more

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