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Enhanced Operational Risk Business Intelligence from Optial |
| Written by Jane Tweddle | |
| Thursday, 27 March 2008 | |
| Optial enhances its Business Intelligence Modules for Operational Risk London, England – Optial, a leading developer of operational risk software solutions, announced today that its Business intelligence Suite (OBI) is to be enhanced with the inclusion of new modules, to allow organisations of all sizes to take advantage of this leading reporting and data analytics functionality. The OBI suite will now be available in Standard and Advanced modules. Judith Graham, Product Director at Optial, said: “There are many firms that need to prove the value of their operational risk management activities, but whose size does not warrant investing in large-scale advanced data analysis or advanced analytics. For these firms, OBI Standard is ideal, giving one-click access to sophisticated core business intelligence reports. On the other hand, there are also many firms that want to take advantage of analytics and data modeling techniques, and this is exactly what OBI Advanced provides, along with subtle historical data analysis across multiple time periods, and multi-language capability for large deployments. The launch of these new OBI modules provides firms of all sizes and at all stages in their Operational Risk Management journey to produce high quality graphical management information at a level appropriate to their needs. This approach, in conjunction with the launch of Optial’s SmartStart system, means that the benefits of Optial’s Incidents, Risk, Audit and Compliance modules and reporting functions can be used by any size of organisation.” About OptialOptial (www.optial.com) has the largest installed blue-chip geographic footprint of any Operational Risk software platform: it is deployed across 50 countries by a client base including companies such as Skandinaviska Enskilda Banken AB (SEB), Atos Worldline and Standard Chartered Bank. It is supported from centres in London, Atlanta and Sydney. The Optial platform delivers rapid configuration, low-cost deployment and low maintenance with future-proofing. Built-in KRIs and Loss Database allow firms to align their system with Basel II requirements for Operational Risk Management, and Optial Business Intelligence delivers slice and dice management information. Web Services interfaces and software developer kit enable simplified integration with other systems such as HR and CRM for two-way automated data exchange and single sign on. Press contact: Jane Tweddle, This e-mail address is being protected from spam bots, you need JavaScript enabled to view it , +44 (0) 20 7247 7673 |
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