Business Analytics Forum 2012 TM1 in Macquarie

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Presentation by Amendra Pratap on how TM1 was taken from zero to enterprise wide in 2 years. This was at the Melbourne Business Analytics conference March 2012

Presentation by Amendra Pratap on how TM1 was taken from zero to enterprise wide in 2 years. This was at the Melbourne Business Analytics conference March 2012

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  • 1. 1
  • 2. Enterprise TM1Amendra Pratap– Macquarie Group15/03/2012
  • 3. Building a smarter planet Agenda - TM1 in Macquarie - Laying The Foundation - Opportunities - Understanding the Puzzle - Technology/Business Drivers - Design Philosophies - Benefits - Lessons learnt © 2009 IBM Corporation
  • 4. Building a smarter planet Macquarie Group Six Operating Groups • Macquarie Securities Group • Macquarie Capital • Macquarie Funds Group • Fixed Income, Currencies and Commodities • Banking and Financial Services Group • Corporate and Asset Finance Group Founded in 1969 More than 15,000 staff in over 28 countries © 2009 IBM Corporation
  • 5. Building a smarter planet TM1 in Macquarie  Brought in By Finance Dept in IT to assist with Annual Budgets 2008  Vendor Supported – No In-house Resource  Ad hoc Finance models start taking hold 2012 •300 Users • Enterprise wide Tool •TM1 9.5.2 •Hardware has some grunt 2008 •35 Users •Localised Divisional Tool •TM1 9.1 •“Ok” Hardware © 2009 IBM Corporation
  • 6. Building a smarter planet TM1 – Laying the Foundation  Inhouse Resource established  Healthcheck & Infrastructure Review  Best Practice Established (Always evolving)  Macquarie Risk Profile Compliance  Infrastructure upgrade  Software Upgrade  Awareness begins on Capability of TM1 © 2009 IBM Corporation
  • 7. Building a smarter planet TM1 In Macquarie - Infrastructure  Internal Health check – Every Quarter (religiously)  Review & Optimise Cubes, TI, Rules  TM1 version (driver Version checks)  Server Environment  Review Incidents and remediations  Hardware Monitoring  Dev – UAT – Prod Synch  Quarterly User Access Review © 2009 IBM Corporation
  • 8. Building a smarter planet Opportunities  Disparate systems and capabilities distributed in Organisation  Duplication, Duplication, Duplication  Excel becoming Source of truth  Overhead of maintaining/reconciling  Outsourcing – Forcing review of process & tasks  Market Conditions – Focus on Cost © 2009 IBM Corporation
  • 9. Building a smarter planet Understanding the Puzzle  Lawnmower analogy  Finance as Owner of Model  Complexity of deploying a “new” system  Changing Landscape  Positioning TM1 amongst a large suite of applications © 2009 IBM Corporation
  • 10. Building a smarter planet Technology Drivers 5 Years Ago Today 32 Bit Server – can only hold 4 GB ram 64 Bit Servers – Can hold 16 Terabytes (1600 GB Ram) No Parallel Interaction (Locking) Parallel Interaction Global Deployment – Only via Citrix TM1 Web – Quick and easy to deploy Server Reporting Needs VBA Active Forms ! Print Bursting ! Action Buttons © 2009 IBM Corporation
  • 11. Building a smarter planet Business Drivers  Objectives: 2. Reduce red (non-value) 3. Increase green (value) 4. Shrink the timeline, become more agile © 2009 IBM Corporation
  • 12. Building a smarter planet Tame the Beast - Excel Great Business tool but ……. • Can Get out of Hand • Business Logic is lost • Versioning Issues • Reconciliation Issues • Change management • Multiple Source of Truth © 2009 IBM Corporation
  • 13. Building a smarter planet Design Philosophy Design for Functionality Design for Maintainability Design for Performance © 2009 IBM Corporation
  • 14. Building a smarter planet 7 Key Design Philosophy 2.Distributed Model (Modular Design) 3.Business logic be Exposed 4.Lock Down Aspects of Model 5.Reuse where Possible - Maximise ROI 6.Iterative Implementation 7.Agile With Controls 8.Users are core to Design (its not our model – its theirs) © 2009 IBM Corporation
  • 15. Building a smarter planet Benefits Derived  Budgets done in less than half the time  Monthly Rolling Forecast - minimal effort  Allocations/Recoveries – No longer a black box  Less processing /More analysis  Power to imagine next level  Validated Time/Cost Savings  TM1 is no longer a “Corner Shop” © 2009 IBM Corporation
  • 16. Building a smarter planet Lesson Learnt - Partner With Business  Business engagement  Governance  Partner from concept to delivery © 2009 IBM Corporation
  • 17. Building a smarter planet Lesson Learnt - Project Management  Agile with Controls get best results  Avoid Quick Fixes  High Standards apply to even small models  Should never be too busy to overlook housekeeping  Focus on Quality  Metadata Management – Resilient Dimensions © 2009 IBM Corporation
  • 18. Building a smarter planet Lessons Learnt - General  Stop and ask why (many times a day)  Think Big – Act Small  Tactical initiatives need to align to strategic vision  Do Not Automate Inefficient Business Process  Models should be scalable  Low maintenance models  Say “yes” less often © 2009 IBM Corporation
  • 19. Building a smarter planet Whats Next  TM1 as a Platform  Global TM1 team  Automate /Simplify  Dashboards/Mobile apps  More Visualisation  More Governance © 2009 IBM Corporation
  • 20. Building a smarter planet Questions © 2009 IBM Corporation
  • 21. Building a smarter planet Don’t forget to log into the Mobile Website at BAForum.mobi to rate this session. Simply go to ‘Session Surveys’, choose the session you attended and provide your feedback for a chance to win a set of Bose® QuietComfort® 3 Acoustic Noise Cancelling® headphones. Each session you rate gives you an additional entry into the draw! The winner will be announced at the Closing Reception on Thursday. © 2009 IBM Corporation