Having trouble organizing your data (feeds)?
Considering a rework of your data architecture to improve/streamline internal processes, or be compliant with external regulations
(BCBS239, Basel IV, IFRS17, Solvency II, …)?
A solid Business Information Model is a must for any data-related project you set up, regardless of the specific context: business or ICT, informational or operational.
Based on 25 years of experience in banking and insurance Credo has created its own business information model. Credo’s Core Conceptual Model (3CM) serves as a template for our own software developments and consulting projects. It is also commercialized as a standalone product, used by financial institutions to restructure their data warehouses.
Built specifically for use in banking and insurance
Robust object-oriented foundations to capture the specifics of your financial institution
In line with reality, leaving
no room for interpretation
Most market reference data models are so general that they offer limited added value for financial institutions. 3CM is different because it was designed by experts in both IT and the financial world. It is therefore strongly business-oriented; many classes map one on one to a business object, defined in business language.
While we are firm believers in Component Based Development and Object Orientation, the 3CM is designed to cover a broad range of approaches, that can also be non object-oriented.
Also works for non
Flexibility is built into our model from a functional, rather than technical, point of view. We use inheritance to model meaningful differences between generic and specific aspects, without the excessive use of types and (recursive) associations.
The Five Commandments of Business Information Modelling in the Financial Industry
Considering a rework of your data architecture to improve or streamline internal processes or improve compliance with external regulations such as BCBS239, Basel IV, IFRS17, Solvency II, …? A solid Business Information Model (BIM) is a must for any data-related project you set up …