How many minutes or hours of downtime could you afford. Inadequate response times, excessive processor load, and insufficient batch windows can all lead to outage, angry customers, upset regulators and lost revenue.
There is intense pressure to ensure the success of each batch. Larger banks can process hundreds of thousands of interactions a day. If your business is audited do you understand how your batch is set up so you could raise a report instantly on a particular customer or transaction? Can you navigate the maze of your fractured systems?
It’s essential to manage potential threats to your business while keeping your guidelines and policies up to date. Mid to long term planning should involve keeping your future architecture, aligned with your business strategy.
In order to keep up with the times, organisations end up having to apply a band-aid on batch problems. Meaning they are relentlessly reinvesting in new hardware and software, plugging the gaps and fine tuning their ageing systems, to enable them to just about tread water. IT departments, lacking relevant experience, often prefer not to go near the problem. But poorer system performance and financial waste aren’t the only threats from a poorly thought out batch policy.
Enterprise Blueprints look at potential problems resulting from business growth and the impact of the batch. A major High Street bank, for example, may run up to 300,000 batch processes or more a night. If you have to process those 300,000 interactions and it takes you till 3am to complete, what do you do when the demands on the business grows and the interactions increase? You simply run out of time.
If your system fails do you know what impact it will have?
Even smaller organisations can find sifting through their batch setup to be like going through a bowl of spaghetti – you never know where one strand ends and another starts. Enterprise Blueprints will make a thorough analysis of your existing setup and provide solutions to enhance your processes.
Effective Resilience Planning
Understanding what is material, and making sure if your system “falls over” you have enough time to recover.
Simplifying the estate
Getting “under the hood” and fully comprehending your batch. Enterprise Blueprints will shine light on your processes, mapping them out in simple, effective terms that you can share with key stakeholders, clients, your IT team, board, or regulators, so that everyone understands the estate themselves.
By eliminating unnecessary kit expenditure and knowing precisely what does or does not need replacing. Similarly Enterprise Blueprints can provide optimisation ideas which your IT team can do in-house if preferred.
Theres no one size fits all
There’s plenty of “off the peg” software promising efficient batch optimisation out there, but they are rarely effective and no substitute for the combined knowledge and expertise of a professional consultancy team, who know “one size fits all” is a dangerous starting point.
Enterprise Blueprints is an established consultancy, able to demonstrate benefits with flexibility and speed.
We know you need to see value within weeks not months. We are based in the UK and will assign an experienced team to work with you every step of the journey, from start to successful conclusion of any engagement. Our architects have extensive experience in the financial services industry and have the expertise to deliver to challenging timelines. We are biased towards action rather than extended discussion and our approach has consistently helped our clients deliver complex projects successfully.