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Introduction to StratexSystems. About StratexSystems. Our Mission

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about stratexsystems
About StratexSystems

Our Mission

To provide an integrated strategy and risk management solution which enhances strategy execution by 5%, enhance capital efficiency by 15% and reduce operational losses 25% while providing 100% confidence that your business is operating within appetite.

  • Our Commitment
  • To enable your firm to;
  • enhance strategy execution by 5%
  • enhance capital efficiency by 15%
  • reduce operational losses 25%
  • while providing 100% confidence that your business is operating within appetite.

One client’s results

“Since HML commenced its initiative to implement an enterprise-wide risk management framework in March 2008, we have reduced our Pillar 2 capital by 81.2% while delivering a 94% reduction in the value of errors and a 63% reduction in the volume of errors”

– Head of Enterprise Risk, Homeloan Management Limited

post credit crunch financial services clients face challenges beyond traditional risk management
Post credit crunch, Financial Services clients face challenges beyond traditional ‘Risk Management’

Confidence in our approach

Proven partners

Low Risk

Keep us out of the newspaper

Cost effective

Deliver strategy

Reduce capital provision

Reduce operational losses

Reduce / eliminate fines

Enable the right culture

Lack of an integrated, enterprise-wide solution

Intensive and intrusive

Regulatory oversight

Too many spreadsheets

Board and Senior Management pressure

Systems reinforce silo processes

Political pressure to reform and do things differently

“Operate within Appetite”

Compliance focused risk tools

Basel 3, Solvency 2, S166

we have a proven track record of delivering significant business value
We have a proven track record of delivering significant business value
  • Improve EBITA by 5%
  • Reduce Regulatory Capital by 15%
  • Reduce Operational Losses by 25%
  • 100% confidence that your business is operating within appetite.

What value would this have to your business?

“Your underlying approach [Risk-based Performance Management] reflects how we want our regulated firms to manage their businesses.”

- Lead Supervisor, A European Central Bank

93%

reduction in the value of losses

56%

reduction in the volume of losses

Reduction in High Risk Audit Issues

80%

our solution is called stratexpoint
Our solution is called StratexPoint

StratexPoint is an Integrated Strategic Execution and Risk Management solution

Built on the ubiquitous SharePoint platform

  • Our solution delivers:
  • High ROI
  • High User Adoption
  • High Levels of assurance that your business is operating within appetite

Supports each of the Three Lines of Defence

Comprehensive in nature but modular in deployment

StratexPoint is also a proven tool for supporting the 4th Line of Defence

we provide one of the most complete strategy execution risk management solutions available today
We provide one of the most complete strategy execution & risk management solutions available today…

Easy access to powerful MI & Analytics

1st Line

Strategy-focused, Risk Aware culture enabled and embedded

2nd Line

Work with the business to build competitive advantage

3rd Line

Take a Risk-based approach to auditing and business assurance

Business driven design

Risk-Based Performance Management

Balanced Scorecard & Strategy Map

Enterprise & Operational Risk Management

Risk-Based Internal Auditing

Leverage your existing technology

  • 78% of Fortune 500 companies
  • Every day for the past five years, 20,000 workers have joined the ranks of SharePoint users
  • One in every five knowledge workers now has access to SharePoint
slide7
StratexPoint is designed to support an integrated approach which enables sustainable strategy execution

Strategy Management

What are we trying to achieve?

What is our Risk Appetite?

Performance Management

Risk Management

Are we on track?

Are we operating within appetite?

Appetite

Governance & Communications

Culture

a proven ownership and governance model is baked into stratexpoint
A proven ownership and governance model is ‘baked into’ StratexPoint

“The doers”

Those people working on delivering the objective, managing the risk or applying the control.

“The buck stops here”

Those with Yes/No authority related to the objective, risk or control.

P

Responsible

Accountable

Inform

Consult

“Keep in the picture”

Position(s) that need to know about decision or action related to the objective, risk or control.

“Keep in the loop”

Those involved prior to decisions or action related to the objective, risk or control.

the stratexpoint solution is underpinned by a conceptually sound data model
The StratexPoint solution is underpinned by a ‘conceptually sound’ data model

Entity

Business Drivers

Objectives

Risk Appetite

Processes

Initiatives

Systems

People & Roles

Assets

Operational enablers are aligned to strategy

KPIs

Actions

Key Risks

KRIs

Actions

Assessment

Events

Key Controls

Governance

Commentary

Workflows

Audit

Trails

KCIs

Actions

Assessment

Certification

Build a strategy focused, risk aware culture

examples of where our solution has added real and tangible business value
Examples of where our solution has added real and tangible business value

60%

Op losses

HML seen a 60% reduction in operational losses within 18 months

23%

Regulatory capital

HMLalso seen a 23% reduction in regulatory capital

182

Initiatives

Consolidated global portfolio of major initiatives to enable single view of status & risk

one firms view of how we compare to our competition
One firms view of how we compare to our competition

Based on our market scan, StratexPointprovides best of breed functionality at a lower cost and with faster implementation – Cognizant, Nov 2012.

slide12
Our implementations follow a clear structure, designed to deliver quick results and develop capability

Project phase: Approx. 2 – 4 weeks

(depending on scope of deployment)

  • Quickly understand the current situation and desired future state
  • Load existing data
  • Customise reports and analytics
  • Transfer knowledge and create capability

Discovery & Design

Build & test

Deploy & Handover

On-going client engagement

Week 1

Week 2

Week 3

Week 4

Q1

Q2

Q3

Q4

stratexpoint deployment options
StratexPoint deployment options

On-Premise

  • Deployed on existing in-house client SharePoint environment
  • Managed by client SharePoint team
  • Common platform
  • Industry strength security framework
  • Switch between deployment modes
  • Companion app: (Stratex Studio)

Hosted

  • Deployed on dedicated SharePoint environment on the Microsoft Azure platform
  • Managed by StratexSystems team

Cloud

  • Deployed on a shared SharePoint environment on the Microsoft Azure platform
  • Managed by StratexSystems team
our solution is deployed in a range of financial services clients sample below
Our solution is deployed in a range of Financial Services clients (sample below)
  • who are regulated by a range of global regulators

A Global Investment Bank

Central Bank/Financial Services Regulator (x2)

risk events process
Risk Events Process

1.New event Registration

Capture risk events from across the enterprise

  • Capture Risk Events from across the Enterprise.
  • Workflow-driven process from capture to close.
  • Drive continuous improvement through an analytical approach

2.Estimation

Estimate the direct and indirect impact of the event

3.Investigation

Complete a structured investigation into the event

4.Root Cause Analysis (RCA)

Identify root causes for the event and defined continuous improvement activities

5.Resolution

Define how the event will be resolved

6.Approval

Ensure approvals are done only by authorised staff

7.Payments

Manage the payments related to the resolutions

8.Reconciliation

Enable resolutions to be reconciled to the GL