The Business Risks
The Connect Partnership created iSTAMP to address a set of common problems facing today's information-centric companies.
Visible above the waterline are the 'tip of the iceberg' symptoms.
- No customisable, self-service reports with drill-down audit trails (death by spreadsheet?)
- Too much manual (re)work (STP is Straight-ish Through Processing?)
- Ad-hoc data transfers (scripted FTP not managed file transfers?)
- Information leakage (uncontrolled distribution of email attachments?)
Invisible below the waterline are the 'sink the Titanic' problems that risk business failures.
Underlying business critical functionality that is unfit for purpose.
- Data Intelligence
- Data Management
- Data Transport
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The Sinking Of The Titanic
- Critical business functions not based on a coherent strategy.
- Consisting of a patchwork of tactical, quick-fix, point solutions, adopted over
the years during the heat of the battle for market share.
- Neither robust nor scaleable enough to handle increasing volumes
and the greater transparency requirements that lie ahead.
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