Aligning Business and IT with Metadata: The Financial Services WayFinancial services institutions like international banks and insurance companies frequently need to adapt to changes in their environments, yet manage risk and ensure regulatory compliance. The author Hans Wegener reveals how metadata can be used to achieve a successful and technological evolution. This unique approach is divided into three parts to:
Wegener firstly illustrates the peculiarities of both metadata management and the financial services industry. He combines both, puts them into context of use, and explains where and how this makes life difficult, as well as where and how value is created. This enables the reader to understand the impact of metadata management on his/her organization, its typical side effects, necessities, and benefits. The book then goes onto reveal how different crosscutting concerns managed in large financial corporations (change, risk, and compliance management) can revolutionize business by supporting them with metadata management. This provides a blueprint to be used in strategic planning. Finally, the mechanics of three important practical areas are discussed in-depth, namely managing evolution, quality, and sustainability. This provides helpful scripts for practitioners to be used in real-life. |
From inside the book
Results 1-5 of 52
... evolution towards and adoption of standards 62 Aligning business and IT: using a global data language 65 xi xv xvii 21 23 49 Part II: The Value Proposition 4. Improving Performance 4.1. 4.2. Aligning Business and IT with Metadata: Contents.
... standards such as the Unified Modeling Language (UML), the Business Process Modeling Notation (BPMN), the Meta Object Facility (MOF) and the XML Metadata Interchange (XMI) are fueling this awareness, and spawning a whole new generation ...
... standard at Swiss Re, and the biggest challenge was the integration of business and IT processes under the umbrella of a unified framework. Although the origins of that standard were in the area of data quality management, it was soon ...
... standards are driven by a Aligning Business and IT with Metadata Hans Wegener 2007 John Wiley & Sons, Ltd. desire to increase market transparency, whereas others reinforce requirements to. Aligning Business and IT with Metadata: 1 ...
... standards in different countries, and then imagine migrating from US-GAAP to IFRS/IAS-based accounting. Furthermore, assume your company is listed on a US stock exchange, subjecting it to the regulations of SOX. You will be bound by ...
Contents
xvii | |
1 | |
21 | |
Part II The Value Proposition | 71 |
Part III Practical Problems and their Resolution | 179 |
Bibliography | 267 |
Index | 271 |
Other editions - View all
Aligning Business and IT with Metadata: The Financial Services Way Hans Wegener No preview available - 2007 |
Aligning Business and IT with Metadata: The Financial Services Way Hans Wegener No preview available - 2007 |