Ascent overview deck_sep_25_2013

Copyright © 2013 Ascent – Confidential & Proprietary Information

Global leader in Enterprise Solutions for Financial Technology, Risk Management & Business Continuity Solutions

AscentOverview

Headquarters Sales & Consulting

Dubai

Sydney

Pune

Boston

1

Business Continuity & Risk Management

Financial Technology Solutions

Services


Business Continuity Management System

Enterprise Risk Management

Enterprise Reconciliation System

Anti Money Laundering

Executive Reporting System

IT Audit & Security

Managed Services Outsourcing

Consulting, Staffing & Training

2

Business Continuity & Risk Management

Financial Technology Solutions

Services

Software Consulting Services

Ascent Offerings


3

Business Continuity Management


ProductsServices

BCM Workshop Facilitation & Training

BCM Consulting Services

BCM Outsourcing Services

Information Security & Audits

BC and CM integrated software application

Optional offshore IT Disaster Recovery for

hosted applications

Risk Management Application

Integrated Risk Management and Business

Continuity Management

4

Ascent BCM Competencies


BCS

BIA

BCP

Facilitator / BC Coordinator

Business line reps and Subject Matter

Experts

BC Workshop Facilitation

BCM Knowledge Management

Services Without Relational Tools

Consulting

Data 5

BCM Program

deployment

BCM Policy

Gap Analysis

ISO 22301

Crisis Management

IT DR Set up


Ascent BCM Software

6


BCS

BIA

TestingDocs

Facilitator / BC Coordinator

BC Workshop Facilitation

BCM Knowledge Management

Services With Relational Tools

BCM Software

SoftwareTool

Insights

7

BIA Reports for all Process in each Business Area

Dependency Reports based on ALL BIA activities

Business Requirements for all Resources, e.g.: IT Resources

Alternate Operating Locations

Internal Supply Chains

External Supply Chains

Business Continuity Plans for all critical Areas

Test Plans for all critical Business Areas

Test Reports for all critical Business Areas

Crisis Management Plan for Senior Executive

Facilitation of initial Crisis Management exercise


Step 1 – Data Collection, Preparation and Business Continuity Workshop – Requires Access to Resource Owners, Product Managers and Subject Matter Experts

ISO 22301(Global BCM

Standard)

Proven BCM Practices

Business Disruption

RiskUniverse

MitigationTreatment

List

BusinessCriticalityMetrics

ScopeOrganisation Key Offerings

CurrentResource Recovery Capability

Workshop + Follow-Up (2 Days)1. Analyse business resilience of Key Offerings2. Identify Gaps in Resource Recovery Capability3. Identify Remediation Options

Step 2 – Reporting and Remediation Road Map – Requires Access to Product Managers, Subject Matter Experts and Resource Owners

Workshop ResultsProposed Business

Continuity Requirements

Remediation Roadmap

Existing BCP - review and update

Our Approach & Methodology

Legend

Provided by BCM Consultant

Provided by Organisation

Provided by Resource Owners, e.g. IT

Provided by BCM Consultant and Organisation

8


Ascent Software Functionalities

The application delivers the following full life-cycle of BCM activities:

System configuration and reference data maintenance

Business Impact Analysis

BC Plan creation and generation

BC Plan Testing and Reporting

Management Review and Approval

Enterprise Reporting and analysis

BCM Programme Governance

Event Management / Plan Activation

Document Repository for Approved BCM documents

Can be customised to interface with your existing corporate data sources to minimise data maintenance effort

Integrated document repository contains all approved documents from the BCM lifecycle

Scales well from the smallest to the largest organisation – from a single user to an unlimited number of system users

Supports a “five minutes a month” user interest level but obtains maximum results

All data is exportable (as XML) for use in other management information systems

9


BCM Programme Benefits

Increase in BCM Programme quality as the BCM methodology is applied consistently

Enables an executive overview of the BCM programme

Increases confidence regarding organisational resilience capability

Able to quickly and accurately aggregate data into information – on an enterprise level

Crisis Management logging and reporting is more efficient and effective

Provides visibility of decision-making process for real event responses

Provides bona-fide evidence for insurance claims

Gaps between BCM resource requirements and resource availability immediately known

Enables real time activation and status tracking regardless of operating location

Mobile devices are included in Ascent’s development roadmap

Enables BC response capability within the business area

Recovery strategies will be based on known/evident capabilities

Effectively meets typical organisation-related BCM Challenges

Enforces Review and Approval for key planning documents

Provides immediate access to many informational reports at the click of a button

Reduces governance and audit efforts

Simplifies attestations to stakeholders as a clear view of BCM programme status exists

Removes the need for business owners to become BCM specialists

Removes the need for IT management of the solution

Crisis management can be commenced immediately a disruption occurs

10


11

Enterprise Reconciliation System


ATM

• ‘On-Us’ ATM transactions

• ‘Not-On-Us’ ATM Transactions

• ‘Remote-On-Us’ ATM Transactions

• Cash in ATM

• Bank vs. POS

Secu

rities

• Trade: Reconciliation between trading systems, settlement systems, Pre-settlement open trades and various counterparties/custodians

• Cash: Cash balances , statements (SWIFT) from counterparties, Cash item , client accounts and Net settlement value

• Asset: Asset classes , Depot account , internal books, custodians

Gener

al Ledger

• Cash: Cash sales, Bank Statements, Cash Deposit

• Credit Card: Transaction on POS ,Bank Statements, Commissions

• Others: Bank transactions with Bank statements, POS collections, Internal systems, AP & AR and General Ledger

Overview- Type of Reconciliations

12


Enterpris

e Integration

Integration with the upstream systems for transaction data inputConfigurable data structure template creation for processing of transactional data with heterogeneous structure from various upstream systemsRecon type includes ATM, Card, Nostro, Issuer/Acquirer, UAE CB FTS, WPS & E-Guarantee etc

Data

Pre-Pro

cessing

Harmonization of the transactional Data from various Up-Stream Systems which involves validations, enrichment, transformations, de-duplication etc

Reco

nciliation

Syste

m

UI based configurable matching rules which incorporate complex business intelligence. Scenario based automated transaction matching to detect the matched & un-matched transactions by reporting/indicating possible exceptions. Tunable transaction matching algorithm for better performance SLA based matching.

Exception

Manag

emen

t

Fully integrated Configurable online management of exceptions summary, balances and details transactions with drilldown capabilityReal-time capability of Break resolution like manual matching, manual un-matching and write-offs Cancelled and corrected transactions are processed in real-time.

RBAC & Workflow

Business users access through authorizations and RBACFlexible workflow management

Enterprise Reporting &

Dashboards

Configurable Enterprise Reporting & DashboardsPre-Canned template Based Schedule report generation & event based publishingStandard operational and performance reports will be configured

Downstr

eam Integr

ation

Write-offs, resolved /un-resolved exceptions update to various down-stream systems like GL.

Man

aged

Servic

es

Exception Handling Of various reconciliations that needs to be handled manuallyTransaction processing

Recon Solution and Services

End to End Recon – Software & Services


Ascent - Recon

Straight Through Processing

Real Time Reconciliation &

Exception Management

Role Based Access Control & Workflow

Alert & Escalation Mgr

Intelligent Algorithm –

Accurate & Fast

Enterprise Reports

Downstream Integration

Manual / Proprietary

Software

Multiple Currencies

Compliance

Inconsistent Reference Data

Data Mismatch with 3rd Party

Heterogeneous Systems

Various File Formats

Enterprise Reconciliation Platform

Unsustainable

Sustainable

Reconciliation Process Overview

15


Ascent Recon is a Real-Time, Powerful reconciliation solution which provides end-to-end enterprise wide scalable solution to manage reconciliation and handle exceptions for complex business processes. It can be readily customizable for any business process and can easily integrates with almost any enterprise’s up-stream systems for the transactional feed.

Ascent recon is designed to offer highest level of automation, featuring multiple match rules, rules driven exception processing and automated follow-ups to eliminate unnecessary manual effort and reduce errors, risk and exposure. Streamline reconciliation activities, removing the need for manual entries at different environments including paper and spreadsheets.

Ascent Recon also offers Traditional On-Premise implementation, which provides the ability to supervise and manage the process by the users in their own secure environment. The solution improves operational efficiency and visibility while reducing operational risk and ongoing operational costs.

It is easy to deploy and use for various business sectors like Banking, hedge funds, investment managers, prime brokers, broker/dealers and custodians, Retail and Telecom. It is ready to use as is highly configurable, no development effort is needed as all customization is done through rich web based UI. It can be seamlessly integrated in to the existing enterprise wide transaction management solutions and post trade processes.

Ascent Recon solution’s innovative high performing matching algorithms incorporates Artificial Business Intelligence to deliver intelligent matching and exceptional volume performance. It provides business users with a platform to work only on valid exceptions through exceptions resolution workflow thereby ensuring timely and accurate break resolution.

16

Ascent Recon Solution Features


RESEARCH

SERVICES

RISK MANAGEMENTSERVICES

Ascent Recon Solution Features

Data Pre-Processing

•Configurable Integration with the upstream systems for transaction data input. •Platform is business ready to pre-process and store varied formats of data files. •The ability to Profile, Validate, Enrich, Transform and Mask the data to make it ready for the reconciliation.

Reconciliation Engine

•Configurable matching rules, matching groups provides easy usability and flexibility to incorporate complex human intelligence to the recon engine processing. •Facility to the business users to change the matching rules through UI with virtually no IT support, which enables to bridge the gap between business users and IT support. •Rule based automated transaction matching, virtually supports any complex business rule •Configurable transaction matching algorithm for better performance tuning and matching •Capable of reconciling any data type against any other data type.

Exception Management

•Fully integrated Configurable online management of exceptions summary, balances and details transactions with drilldown capability. •Real-time capability of Break resolution like manual matching, manual un-matching and write-offs •Cancelled and corrected transactions are processed in real-time. •Configurable and flexible workflow management.

Escalation Management

•Escalation Manager feature identifies the age of the exceptions and items are identified, tracked and highlighted showing their overdue, responsible person and critical dates using configurable rules. The age of items is then utilized by the delivered dashboards to help quickly identify risk associated with the length of time an item has been on the system.

Role Based Access Control & Downstream Integration

Configurable Enterprise Reporting17


On-Us

Not-On-Us

Remote-On-Us

Cash in ATM

Bank vs POS

Reconciling ‘On-Us’ ATM transactions involve a 3-way reconciliation between ATM EJ (electronic journals) files, ATM Network Switches and the host general ledger i.e. cash Dr. / Cr. as per ATM account.

Reconciling ‘Not-On-Us’ transactions involve two reconciliations tasks. One reconciliation is performed at the occurrence of the ATM transaction by a customer of other bank, which is 4-way reconciliation between Acquirer bank’s host system ATM account, ATM EJ files (electronic journals), ATM network switch and NFS switch which approves the fund withdrawal from the ATM. The second reconciliation is performed on receiving the settlement advise(RTGS/DNS message) from the Issuer banks, which is a 2-way reconciliation between Acquirer bank’s settlement account with issuer banks settlement advice(RTGS\DNS message).

Reconciliation platform can handle various transactions other than ATM transactions like Online/Offline/Pre-Paid Debit Card transactions, Credit Card Transactions and Electronic Purse Card Transactions. Though the transactional life-cycle basically is similar to that of the Bank’s ATM transactions, the complexity gets multifold due to the presence of additional parties like merchant POS log, Settlement and POS Gateway provider Bank.

Reconciling ‘Remote-On-Us’ transactions involve 4-way reconciliation between Issuer Bank’s host general ledger, Issuer switch, NFS network switch and the payment order(RTGS\DNS message).

This reconciliation validates ATM cash, switch cash balances and physical cash so that the entire ATM machine is balanced taking into consideration what was last loaded, less what was dispensed to customers, less what remains, including reject. Reconciliation also analyzes cash transactions patterns of each ATM and helps in cash management and forecasting to determine the optimum order for each ATM, and to keep ATM cash at the minimum level needed to meet demand.

ATM Reconciliations

18


Communication Backbone (MOM)Communication Backbone (MOM)

Enterprise Integration ToolEnterprise Integration Tool

Data Pre-Processing Engine

Data Pre-Processing Configuration

Data Pre-Processing Exception Management

Staging DB

Data Exception DB

Matching Engine

Enterprise Reports

Dashboard

Exception Management Configuration Manager

Downstream Updates

Recon DB

ATMsCBS

Host DB

Non-CBS

Branch Host DBElectronic

Journal

E JPOS Terminals

Internet Banking

SWITCH

Host LOG EJ LOGSwitch LOG

Other External Networks

Other External Networks

Consortium (Inter ISO)Consortium (Inter ISO)

InterchangesInterchanges

Issuer Bank SwitchIssuer Bank Switch

NFS Cashtree BANCS

MasterCard Visa

Tie-Up Bank SwitchTie-Up Bank Switch

Tie-Up Bank Switch LOG Payment Gateway LOG

Ascent Recon Banking

Host Bank

Reconciliation Solution Architecture

19


Our Clients

Ascent overview deck_sep_25_2013

Business

Transcript of Ascent overview deck_sep_25_2013