Finance and Risk Modernisation

PROBLEM STATEMENT

• Architect the restructuring, re-platforming and transformation of the entire finance and risk estate and operating model, to deliver an efficient regulatory compliant environment.
• Creation and provision of finance and risk data management & techniques to include end to end lineage & governance.
• Enterprise model risk management and process orchestration to promote transparency, traceability and automation.
• Development of analytics forecasting activities for scenario-based capital planning & regulatory requirements.
• Build out the complete End to End release management process to align with each of the 7 core business work streams onto each of the 7 environments in tandem with the programme plan, drivers and milestone objectives.

WHAT WE DID

Developed a CICD RAT (Continuous Improvement Continuous Development – Release Automation Tool) using Python with operational functionality.

• Analysed end to end flow – then designed and built an industry leading state of the art organic CICD RAT service.
• Created new CICD operating model.
• Promote BCBS 239 compliant solutions within FRAAI from SAS.
• Build critical ETL flows and data marts to facilitate an efficient process flow.
• Manage/maintain deployed code content, so that logs & dead code don’t accumulate.
• Trigger and run flows in process manager.
• Fully automated Test suite.
• Ensured full open source & vendor specific CICD Integration.

KEY RESULTS

• Our CICD process is now the spine which allows the complete end to end FRAAI programme to breathe and evolve.
• Significant programme cost savings through process efficiencies. (€100Ks).
• Stable environment, reduction in issues, increased time to production, vendor specific, fully  automated & integrated, open source release management tool.
• Additional Usages include; Server Upgrades, Maintenance Releases, Backups & Disaster Recovery Planning.