Finance

Scalable Systems provides Data Management and Business Analytics services in the Finance industry through its specialized analytical services called SCARF (Scalable Analytics and Reporting in Finance).

Stringent regulatory compliance and enforcement in the finance industry have led companies to invest more resources in accurate data collection and financial reporting. The world of banking and finance always has a need for a high degree of compliance and data-integrity standards. Though there is a tremendous investment for financial data management and analytics in the financial and banking industry, few organizations are able to capitalize on the return of their investment. Many times financial analytical projects are falling short of objectives such as providing timely data, real time analytics, and single version of truth though they are able to provide complex reports and fancy dashboards.

With deep domain expertise Scalable Systems financial services provides services such as financial data integration, master data management, financial dashboard, financial scorecards, budgeting, forecasting, financial analytics and reporting. We differentiate ourselves by focusing on quality of data, frugal dashboards with the just the right data rather than fancy dashboards with lots of unnecessary data. Our focus on solving specific problems and the ability to work on a tight budget with a tight schedule helps our customers to achieve the end result without compromising the quality.

From excel based reporting to complex cube based analytics, SCARF offers end to end solutions in financial reporting and analytics.

SCARF offers following services:

  Governance, Risk and Compliance Analytics:
     A properly functioning and documented governing framework can provide corporate
     leaders with an increased sense of security as they reflect on the efforts they are making
     toward managing compliance and risk issues. Governance can also provide reassurance
     to those outside of the company by demonstrating the organization’s capacity for
     understanding the need to manage risk and compliance issues as well as its ability to
     institute a functioning GRC system. The result can be measured in the strengthening of
     the company’s brand and reputation, which translates into stronger shareholder value.

  Reference / Master Data Management:
     MDM allows enterprises to be compliant with appropriate regulatory requirements
     including those defined by the Gramm-Leach-Bliley Act, the Sarbanes Oxley Act, the Basel
     II Accord, and many others. This compliance allows organizations to avoid costly penalties
     and bad publicity. Having a single authoritative system of record positions, an enterprise to
     gradually sunset a number of legacy systems and applications significant cost savings
     can be realized.

  Financial Spreadsheet Modernization:
     Excel spreadsheet is most frequently used in the financial industry as a simple data entry.
     However, over a time period with increasing complex calculations and volume of excel
     sheets it becomes a headache to manage excel sheets. SCARF offers services to
     consolidate excel sheets, migration and integrate excel sheets with custom made
     applications or other industry leading applications which saves time and reduces
     operation costs.

SERVICES:
Besides vertical solutions we provide technology and consulting services as follows.

Application Outsourcing
Data Management
Business Intelligence
Content Management
Mobile Solutions
Professional Services