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  • Infographic FRAAI

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    Sivaprakash Chidambaram
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    The document outlines the goals and mission of the TITLEFRAAI initiative, which aims to (1) improve finance and risk information and processes, (2) rationalize the finance and risk system landscape, and (3) improve risk-return steering, management control, and external reporting through integrating finance and risk processes and solutions. The initiative focuses on using a single data standard and integrated data store, adopting commercially available off-the-shelf processes and solutions, and implementing a main vendor suite as the core IT system.

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    The document outlines the goals and mission of the TITLEFRAAI initiative, which aims to (1) improve finance and risk information and processes, (2) rationalize the finance and risk system landscape, and (3) improve risk-return steering, management control, and external reporting through integrating finance and risk processes and solutions. The initiative focuses on using a single data standard and integrated data store, adopting commercially available off-the-shelf processes and solutions, and implementing a main vendor suite as the core IT system.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    14 views1 page

    Infographic FRAAI

    Uploaded by

    Sivaprakash Chidambaram
    The document outlines the goals and mission of the TITLEFRAAI initiative, which aims to (1) improve finance and risk information and processes, (2) rationalize the finance and risk system landscape, and (3) improve risk-return steering, management control, and external reporting through integrating finance and risk processes and solutions. The initiative focuses on using a single data standard and integrated data store, adopting commercially available off-the-shelf processes and solutions, and implementing a main vendor suite as the core IT system.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    One TITLEFRAAI

    Finance & Risk Architecture Alignment Initiative

    One Goal
    • Improved Finance & Risk information and processes
    • Rationalisation of the Finance & Risk system landscape
    • Improved risk-return steering & management control
    • Improved external reporting

    One Mission
    “Focus on integration of the Finance & Risk processes and solutions
    leading to Insight for internal steering and Trust of our stakeholders
    because of improved Data Quality and Reconciliation by Design”

    DATA One Heart One Soul Just One Solution

    Data is key: one common An “out of the box” adopt A main vendor suite as the
    business language and one strategy of “commercially off core of the IT landscape that
    F&R integrated data store the shelf” processes and covers and supports (most
    as single source of the facts solutions improves agility of) the F&R functions

    One Vision
    1

    TOPS/CADM

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