Enterprise Concept and IBM Improving Risk Performance and operational

efficiency
Combining Business Process Management and IT execution
By capitalizing on its extensive expertise earned in 10 years of successfully
implemented Business Process Management projects, Enterprise Concept has fostered
an ever-growing capability to orchestrate activities between people and systems in
order to comply with strategic objectives. The company has developed impactful
business solutions by aligning IT process execution with business requirements to
achieve real-time visibility and interpretation of key performance indicators. The
resulting value has translated into cost reduction through efficiency at operational
levels and increased productivity for clients activating in various industries.
Enterprise Concepts Decision Management Approach
When combining software and expertise, Enterprise Concept has brought a different
focus and strength to automating and improving the decision-making processes within
critical business systems. Given that the most important decisions impacting
businesses in general are operational decisions such as those that determine eligibility,
manage risk or detect customer opportunities, Enterprise Concepts unique use of
technology to fit the Decision Management Approach has extended to: business rules
management, business event processing, business activity monitoring, data analysis
and predictive analytic modeling. When analyzing data and the situational context at
the decision time, Enterprise Concept has focused on interpreting and using data to
discover insights that empower clients to continually improve and automate decisions
over time.
Decision-making for scenario-based risk management
Being able to make the best possible decision during the current economic times has
become critical for businesses wishing to strive through, especially in the financial
industry. Instabilities in financial markets have placed Risk Management at an upper
level of priority in financial companies decision-making processes. The insurance
industry is expected to implement Solvency II by 1 January 2016 and there is a strong
need for automation of various risk management activities, especially reporting.
Enterprise Concepts integrated approach to risk management focuses on executing
policies based on comprehensive risk measurements of the business processes. These
policies include risk methodologies connected to capital management, pricing and
performance measurement constantly ensuring that risk is integrated and consistent
with business strategies.
Enterprise Concept IBM Partnership
By partnering with IBM, a leader in risk analytics, Enterprise Concept is now
producing business solutions based on award winning technology frameworks,
offering companies a solid foundation for capturing the interactions between risk
types and managing risk as an integrated system across market, credit and liquidity
risk. The main strengths of the Enterprise Concept IBM partnership reside in the

capacity to design a system and infrastructure architecture that meets Solvency II

requirements across all pillars, by:
Designing systems that reuse business rules and share common data across pillars
Deploying infrastructure that is sufficiently flexible and scalable to handle ad hoc
requests from management and regulators
Providing a robust data integration, quality and control framework