Held at QCon in London 2013. Abstract: Equity is increasingly important as regulations are raising the bar by even more strict rules. Knowing the asset’ value and profile, is probably the best basis for providing transparency of the (actual) equity. This talk provides a detailed design and rationale for an In Memory and Big Data architecture for live equity and risk assessment. Tax Norway’ new architecture will be used as an example. It puts the party and asset in the front row, and knows their profile from tapping into live streams of data from society.
Hemmeligheten bak Skatteetatens nye saksbehandlingskjerneTormod Varhaugvik
Skatteetatens løsning på modernisering, digitalisering og integrasjon inneholder et originalt og innovativt design for å kunne prosessere enklere, billigere og mye raskere. Samtidig som eksaktheten og varigheten (+13 år) i våre Skattesaker skal ivaretas, og vi vil øke endringsevnen. Produksjonserfaring så langt innfrir. Designet heter “Continual Aggregate Hub”, eller SkatteInfo innad hos oss.
Presentasjon fra Software 2014, på sporet "Intraprenørskap".
Få innspill til å kjøre prototyper for å støtte forretningsutvikling med IT-modernisering. Arbeidsform, plan, team-sammensetning og kostnader vil bli presentert.
Forenkling av skjemaveldet er krevende, men viktig. Skatteetatens demonstrer innovasjon i praksis ved å bruke prototyping i skyen for å støtte tverrfaglig samarbeid.
Forenkling og framtidsretting hos skatteetaten baksiaTormod Varhaugvik
Presentasjon for baksia 29.05.2013. Den tar for seg overordnet strategi i Virksomhetsarkitekturarbeidet i Skatteetaten. Altså de store linjene og føringene for Målbildet.
Presentasjon fra Arkitektur i praksis på Software 2016. Modernisering av gamle systemer viser seg meget vanskelig. Det er ikke bare å skrive om. Skatteetaten har klart ett paradigmeskifte både på arkitektur og implementasjon, og presenterer mønstre bak reelle løsninger. For å dra nytte av nye teknologier (PaaS, In-memory, NoSql, Reactive, Immutable) må du forstå hvordan domenet skal representeres i det nye. Jeg opplever at det er utfordrende for mange å forstå dette paradigmeskiftet, som representerer løsninger for det 21. århundre. 3 basisteknologier, 3 sentrale komponenter og bruk av 8 designmønstre presenteres i detalj for å forklare helheten.
3 år med forenkling og framtidsretting hos skatteetatenTormod Varhaugvik
A-ordningen er nå i produksjon og første måned gikk utmerket. Dette er ingen selvfølge. Skatteetaten moderniser systemporteføljen. Vesentlig i dette er å redusere kompleksitet ved å standardisere og forenkle. Arkitekturen skal ha svært lang levetid, mens komponenter skal kunne byttes ut. I perspektiv av valg gjort i 2010, har vi truffet svært godt. Presentasjonen vil også vise Skatteetatens IT-Reguleringsplan. Egenskapene i presentasjonen fra Software 2012, har vist sin styrke. Deltageren får innblikk i virksomhetsarkitekturens helhet, og se løsningsarkitektur i praksis. Dette alene er ikke nok, og deltageren får innblikk i "fortvilt arkitekturstyring i ett smidig helvete".
State And Local Tax Services From Lecg Smart 04 07 10 Jl EdJohnLangman
LECG-SMART provides a wide range of state and local tax services including personal property tax compliance and consulting, real estate tax consulting, sales and use tax compliance and consulting, and state income/franchise tax compliance and consulting. They have expertise in tax planning, compliance, technology consulting, and audit representation. LECG-SMART works with large corporations, law firms, and governments worldwide.
The document discusses the benefits of reviewing property taxes and using a consultant service like Commercial Tax Network to lower taxes. It provides an overview of CTN's property tax appeal process and services, which include real estate and personal property tax appeals, audits, and litigation support. The document also shares examples of potential tax savings clients have achieved through working with CTN on property tax appeals.
Hemmeligheten bak Skatteetatens nye saksbehandlingskjerneTormod Varhaugvik
Skatteetatens løsning på modernisering, digitalisering og integrasjon inneholder et originalt og innovativt design for å kunne prosessere enklere, billigere og mye raskere. Samtidig som eksaktheten og varigheten (+13 år) i våre Skattesaker skal ivaretas, og vi vil øke endringsevnen. Produksjonserfaring så langt innfrir. Designet heter “Continual Aggregate Hub”, eller SkatteInfo innad hos oss.
Presentasjon fra Software 2014, på sporet "Intraprenørskap".
Få innspill til å kjøre prototyper for å støtte forretningsutvikling med IT-modernisering. Arbeidsform, plan, team-sammensetning og kostnader vil bli presentert.
Forenkling av skjemaveldet er krevende, men viktig. Skatteetatens demonstrer innovasjon i praksis ved å bruke prototyping i skyen for å støtte tverrfaglig samarbeid.
Forenkling og framtidsretting hos skatteetaten baksiaTormod Varhaugvik
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3 år med forenkling og framtidsretting hos skatteetatenTormod Varhaugvik
A-ordningen er nå i produksjon og første måned gikk utmerket. Dette er ingen selvfølge. Skatteetaten moderniser systemporteføljen. Vesentlig i dette er å redusere kompleksitet ved å standardisere og forenkle. Arkitekturen skal ha svært lang levetid, mens komponenter skal kunne byttes ut. I perspektiv av valg gjort i 2010, har vi truffet svært godt. Presentasjonen vil også vise Skatteetatens IT-Reguleringsplan. Egenskapene i presentasjonen fra Software 2012, har vist sin styrke. Deltageren får innblikk i virksomhetsarkitekturens helhet, og se løsningsarkitektur i praksis. Dette alene er ikke nok, og deltageren får innblikk i "fortvilt arkitekturstyring i ett smidig helvete".
State And Local Tax Services From Lecg Smart 04 07 10 Jl EdJohnLangman
LECG-SMART provides a wide range of state and local tax services including personal property tax compliance and consulting, real estate tax consulting, sales and use tax compliance and consulting, and state income/franchise tax compliance and consulting. They have expertise in tax planning, compliance, technology consulting, and audit representation. LECG-SMART works with large corporations, law firms, and governments worldwide.
The document discusses the benefits of reviewing property taxes and using a consultant service like Commercial Tax Network to lower taxes. It provides an overview of CTN's property tax appeal process and services, which include real estate and personal property tax appeals, audits, and litigation support. The document also shares examples of potential tax savings clients have achieved through working with CTN on property tax appeals.
Personal Property Tax Compliance Services From Lecg Smart Nl [Retail] 04 07 10JohnLangman
This document provides an overview of LECG/SMART's personal property tax compliance services. It discusses their transition project planning process, data gathering, rendition preparation and filing, valuation notices, appeals and audits, tax bills, payment of tax bills using client escrow accounts, and their proprietary Property Tax Management System software. The PTMS software is highlighted as providing tax calendar management, asset data access and filtering, identification of incorrectly classified and overvalued assets, tax estimates and accruals. Client testimonials praise the quality of LECG/SMART's services and the stability of their staff.
The document provides guidance for completing a customer service benchmarking questionnaire. It defines key terms, outlines the scope and organization of the questionnaire, and provides instructions on reporting costs, staffing, and other metrics. Responses should be brief, 2-3 sentences, and focus on established practices rather than new initiatives. Certain costs like facilities and CIS systems are excluded from reporting.
Best Practices in Remote Deposit Capture Risk ManagementJTLeekley
The document discusses risk management best practices for remote deposit capture (RDC) from a financial institution perspective. It covers definitions of RDC, the typical RDC clearing process, strategies for segmenting RDC clients, impacts of RDC on different parts of a financial organization, risks of RDC like duplicate presentment and system failure, and approaches for managing those risks. Key risk management strategies discussed include know your customer practices, deposit monitoring and pattern analysis, setting item and user thresholds, and education of clients on their responsibilities for check retention and safekeeping.
Stora Enso&Wipro - Stora Enso Rethinks Supply Chain - ProcessForum Nordic, No...Software AG
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XBRL is a standard for tagging financial information that separates technical and business specifications. It allows for disaggregation of financial reports into constituent semantic elements. XBRL adoption is growing globally with many countries and jurisdictions actively working on local taxonomies. CFA Institute supports XBRL to improve the usability of financial information for investors. Semantic finance may disrupt financial reporting by enabling machines to better process and understand financial data on the semantic web.
Airan Global Pvt. Ltd. is Australia based accounting firm provides professional accounting outsourcing services at affordable cost. We offer high-quality Accounting, Bookkeeping, Payroll, SMSF Auditing, BAS Preparation and Taxation services to Australia based companies.
BT Associates, is a Management consulting firm providing specialized services in the area of Indirect Taxation. We cover entire gamut of Indirect taxation services viz Customs, Central Excise, Service tax, VAT and foreign Trade Policy.
Income Tax Fraud: Awareness, Preparedness, Prevention and DetectionVivastream
This document summarizes a presentation on income tax fraud given to the Bank Information Technology Secretariat (BITS). It includes perspectives from the IRS, Comerica Bank, and Early Warning Services. The IRS discussed identity theft threats and their prevention/detection efforts, including new filters in 2013. Comerica discussed fraud scenarios they saw in 2012 and areas of collaboration. Early Warning Services analyzed 2012 tax refund transactions and found potential high-risk indicators in 8% of payments totaling $1.9 billion. They suggested their data could help identify risky refund requests.
This document provides an update on MISMO standards and the eMortgage initiative. It discusses the MISMO logical data dictionary (LDD) and XML schema, as well as MISMO's governance structure and standards development process. The document notes that MISMO standards allow competitors to collaborate on common data formats. It also distinguishes between MISMO standards, which are openly developed and available, and regulatory reporting specifications, which are often more closed. The document describes growing adoption of MISMO standards in mortgage origination, underwriting, and servicing. It introduces the new SMART Doc V3 standard and efforts to coordinate its adoption. Finally, it discusses an electronic signature case study involving the IRS Form 4506-T.
An exclusive presentation by Mr. Imam Hoque, General Manager, Advanced Analytics BU, Advanced Analytics Sales - EMEA AP BU, SAS Software Ltd (United Kingdom)on ‘Maximising The Value of Analytics in Tax Compliance’ The presentation was made at Government Analytics & Information Summit 2013.
Accelerate Accounting Close w/ FirehostZuora, Inc.
Zuora's new product, Z-Finance, aims to accelerate the accounting close process for subscription businesses. It features a multi-dimensional ledger that can spread revenue over time, differentiate between one-time and recurring revenue using intelligent algorithms, and calculate key subscription metrics. The powerful rules engine allows Z-Finance to adapt to subscription changes. In a product demonstration, Z-Finance was shown handling a customer upgrade, a customer service credit, and reporting to streamline the accounting close process for subscription businesses.
The document is an investor presentation by Direct Insite Corp. that provides an overview of the company. It summarizes that Direct Insite provides cloud-based invoice automation solutions for AP and AR processes. It has over 300,000 vendors processing over 7 million invoices worth $127 billion annually on its platform. The presentation highlights the company's growth, customer case studies, business model, and financials to promote Direct Insite as an investment opportunity.
Accounts outsourcing is a cost-effective way to complete routine back-office tasks without the costly overheads associated with hiring additional employees. Outsourcing lets accountants focus their attention on their core competencies without having to sacrifice time and resources.By taking advantage of accounts outsourcing your practice can focus on more profitable practice areas such as providing tax support and consulting and acquiring new clients. Choosing the right partner can help you implement new technology and streamline processes.
Revenue from taxable sources - Steve Macey, ASIStephen Macey
This document discusses taxation of extractive industries in 3 paragraphs:
1) Extractive industries provide significant revenues for many countries. There are various fiscal instruments like royalties, corporate taxes, bonuses and others that countries use to tax extractive projects. Effective tax systems balance compensation for resource use with investor returns and ensure stable, predictable revenues.
2) Different regimes like licensing, production sharing or contracts are used. Special features of extractives include large upfront costs, unpredictable revenues, economic rents, and base erosion through transfer pricing. Countries must consider administration capacity when designing their tax system.
3) The right fiscal system balances early revenues with long-term investment while providing reliable streams. It also considers progressivity
Revenue from taxable sources - Steve Macey, ASIStephen Macey
This document discusses taxation of extractive industries in 3 paragraphs:
1) Extractive industries provide significant revenues for many countries. There are various fiscal instruments like royalties, corporate taxes, bonuses and others that countries use to tax extractive projects. Effective tax systems balance compensation for resource use with investor returns and ensure stable, predictable revenues.
2) Different regimes like licensing, production sharing or contracts are used. Special features of extractives include large upfront costs, unpredictable revenues, economic rents, and base erosion through transfer pricing. Countries must consider administration capacity when designing their tax system.
3) The right fiscal package balances early revenues with long-term investment while addressing country-specific risks. Issues like coordination
Revenue from taxable sources - Steve Macey, ASIStephen Macey
This document discusses taxation of extractive industries in 3 paragraphs:
1) Extractive industries provide significant revenues for many countries. There are various fiscal instruments governments use to tax extractives, including royalties, corporate income taxes, bonuses and licenses. Effective regimes consider objectives like ensuring early revenues and accommodating changing market conditions.
2) Corporate income taxes are challenging to administer due to uncertainties in defining tax bases and costs. Other challenges include base erosion and profit shifting. Governments use progressive fiscal instruments to capture more revenue from highly profitable projects.
3) Designing the right fiscal package requires balancing early revenues with long-term investment. Regimes must also account for country-specific factors and risks. Effective administration
Understanding financial statements ppt @ mba financeBabasab Patil
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The document provides an agenda for Sunteck Transport Group that includes discussing their services, model, operations, technology, and key contacts. Under Sunteck's model, it describes the services they provide including various transportation modes. It also discusses their corporate management team, growth in revenue and freight under management, and milestones over the last three years. The document outlines Sunteck's strategic and tactical operations including services, sourcing, carrier metrics, and project management. It also mentions their acquisition of the MercuryGate LTL TMS called "SunteckLTL".
IPD Data Collection & Service Overview by Colm Lauderplan4business
- IPD collects extensive real estate data from around the world to analyze performance and provide indices and research. It collects data directly from property owners and managers.
- IPD validates and stores large amounts of property-level data in its customized database system. It analyzes the data for clients to evaluate performance, risks, and benchmarking.
- In addition to performance measurement, IPD offers sustainability tracking and works with clients to capture and organize their property data.
Software 2020 tormod varhaugvik digitalisering med informasjonskartTormod Varhaugvik
Informasjon er det mest signifikante for vellykket digitalisering. Men den ligger gjemt i ulike IT-systemer. Navngi de «usynlige» informasjonsmengdene slik at hele organisasjonen kan snakke om dem. Kollektiv tenking krever et felles språk. Gi virksomhetsarkitekturen et Informasjonskart å navigere med; rigge prosjekter, master data management, organisering, forretningsutvikling og å rydde i namespace.
Presentasjon fra Ark 2017 med Dataforeningen.
Digitalisering er det nye, men det representerer fremdeles omstilling og paradigmeskifte. Dette har preget modernisering av IT i organisasjoner de siste 10-år. Foredraget tar for seg ett litt annet perspektiv innen arkitektur: "kunnskapen om bygging". Og i den sammenheng noen "jernlover" fra flere slike paradigmeskifter. Bla. 30-30-30...
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This document summarizes a presentation on income tax fraud given to the Bank Information Technology Secretariat (BITS). It includes perspectives from the IRS, Comerica Bank, and Early Warning Services. The IRS discussed identity theft threats and their prevention/detection efforts, including new filters in 2013. Comerica discussed fraud scenarios they saw in 2012 and areas of collaboration. Early Warning Services analyzed 2012 tax refund transactions and found potential high-risk indicators in 8% of payments totaling $1.9 billion. They suggested their data could help identify risky refund requests.
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2) Different regimes like licensing, production sharing or contracts are used. Special features of extractives include large upfront costs, unpredictable revenues, economic rents, and base erosion through transfer pricing. Countries must consider administration capacity when designing their tax system.
3) The right fiscal system balances early revenues with long-term investment while providing reliable streams. It also considers progressivity
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2) Different regimes like licensing, production sharing or contracts are used. Special features of extractives include large upfront costs, unpredictable revenues, economic rents, and base erosion through transfer pricing. Countries must consider administration capacity when designing their tax system.
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2) Corporate income taxes are challenging to administer due to uncertainties in defining tax bases and costs. Other challenges include base erosion and profit shifting. Governments use progressive fiscal instruments to capture more revenue from highly profitable projects.
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Equity - Transparent and Live Risk Assessment
1. Equity –
transparent and live risk assessment
Tackling complexity in the heart of Finance
QCon London 2013, #1685, Tormod Varhaugvik
2. The Governmental Financial Institution
• Tax Norway
• 110 billion € in revenue from a population of 5 million
• 610 million € in operating cost
• 6.000 employees, 10.000 users, supported by 120 systems
• 700 working in IT
• Status
• Enterprise Architecture program started 2009
• This Architecture was defined and committed in 2010
• We have managed to change a large Government Organisation
• Major projects are now building the future
• We are establishing a private Cloud
• Me
• Some sort of Architect in the Enterprise Architecture practice
• Technical background, Enterprise Application domain since 1993
NTA – Equity –transparent and live risk assessment 3/8/2013 2
3. Agenda
oYour Challenge
oTax Norway’ Challenge
oStrategic Approach
oSoftware Design
oArchitecture Blueprint
NTA – Equity –transparent and live risk assessment 3/8/2013 3
4. Your Challenge
“...policymakers must insist that the large financial firms
that they supervise, be capable of monitoring and managing
their risks in a timely manner and on an enterprise-wide basis.”
—Ben S. Bernanke, Federal Reserve Chairman
March 2009
NTA – Equity –transparent and live risk assessment 08.03.2013 4
5. Tax Norway’ Challenge
Why do you complain? we are totally regulated...
NTA – Equity –transparent and live risk assessment 08.03.2013 6
6. Our Tax System
• 5 lines of business;
We calculate
• Personal Tax A Tax Form is a
Taxable Amount,
• Company Tax Financial Product
you calculate Equity
• VAT
• Inheritance Tax
• Employer Tax
• Personal Tax is a complex domain:
• Asset-info directly from 300.000 reporters: Salary, Taxable goods,
Savings and interest, Stocks and bonds, Gifts, Insurance, Day care of
children (8.000), Vehicles, Real estate, Charity, ...
• Approx. 50 sub-forms, 5.000 unique data types and 7.000 rules
• Ends up in 8-14 different taxes collected together
• Approx. 75% accepts tax without participation. Deliver by SMS
• Taxable income, tax, and fortune is public information
• Accurate calculation: The public trust us in doing it right
NTA – Equity –transparent and live risk assessment 3/8/2013 7
7. Actual vs. Projected
Present
Actual Projected
Improved Fact Collection
Risk Assessment
• The Future is still unknown
• Improve by having timely facts
• A timeline of Party behaviour
• Correlations between different Lines of Business
• High flexibility in new models for Fraud Detection
• Fraud Detection is really small scale Risk Assessment
NTA – Equity –transparent and live risk assessment 3/8/2013 8
8. The Kinder Surprise?
• All lines of business
• All specific yearly Rules and Information
• Agile to New Business Capacities
• Audit and Proof of Procedure
• Much more Data
• Up-to-date and Event Driven
• 24/7, Straight Through and Workflow
• Easier to Maintain and Understand
• Excellent Sourcing
This would break
• Much Lower Cost of Ownership
in any
• Much Faster classic approach
• Migration Friendly
NTA – Equity –transparent and live risk assessment 3/8/2013 9
10. Continual Aggregate Hub
• Big Data repository of Documents
• Loosely coupled
• Immutable & versioned (legislation)
• All lines of business side-by-side
• Yearly legislation side-by-side
• Simple for 24/7 usage
• Search engine
• Access control
• In-memory processing layer
• A Module consists of business logic and its GUI
• A Module own the document type it produce
• Each line of business have a dedicated set of Modules
• Straight through processing and workflow in one
• There are many running versions of Modules and Processes
NTA – Equity –transparent and live risk assessment 3/8/2013 11
11. Asset Dimensions
• Asset – multi-dimensional properties
• Trees and Chains can easily be analysed by computers
• Main organisational focus: get the Assets right
NTA – Equity –transparent and live risk assessment 3/8/2013 12
12. Live Payroll initiative
• Salary is reported directly to us from the
payroll systems, as they pay salaries
• We calculate Employer Tax
• We then also know:
• Companies salary expenses
• Persons income (solvency)
• Employment rate (almost)
• Benefit calculation use salary fact
• Public Sector re-use
• Employee knows if Employer is legitimate
• 120.000.000 documents pr. year
• Everybody applauds this
NTA – Equity –transparent and live risk assessment 08.03.2013 13
13. Assets and Summaries
Taxable
Taxable amount
Adjustment Income Differences Cost Additions Possesions Dept
Summary [1] Income Cost Possessions Dept
Summary [n] Sale Interest Pay Car Balance Properties Balance
Asset Turnover Account Payroll Vehicles Account Real estate Account
• A Summary (form / agreement) pr. Party. (Party is where the risk is)
• An Asset may be included in many Summaries
• High flexibility on making new Summaries (tactical)
• Summaries without Assets are less credible, and represents an Audit
challenge
NTA – Equity –transparent and live risk assessment 3/8/2013 14
14. Assets and Summaries
Taxable
Taxable amount
TaxationAdjustment Income Differences Cost Additions Possesions Dept
Document
Summary [1] Income Cost Possessions Dept
Summary [n] Sale Interest Pay Car Balance Properties Balance
Asset Asset Turnover Account Payroll Vehicles Account Real estate Account
Documents
• Assets and Summaries are treated as independent documents
• The documents are versioned and has a comparable timeline
• The documents can be electronically signed
• The documents are legislated Proof of Procedure
• The documents are a Business Event and its Contents
NTA – Equity –transparent and live risk assessment 3/8/2013 15
16. Design Goals
5%
30% HW
1000x SW Proof of
Procedure
New capacities
Lifetime
Modular
Fully
Expressive
Testable
Logic
Linear
Scale
NTA – Equity –transparent and live risk assessment 3/8/2013 17
17. Decomposition – ”Aggregate design”
Key-object
Nøkkel-objekt
Access point,
”Aggregate root”
consistency and A set of
encapsulation Information
C that share the
B same
A behaviour
• This is really just good software design These are now 3
• Good service orientation aggregates
• Maintainable and testable components
• Independent information sets
• Independence premise for parallelism
NTA – Equity –transparent and live risk assessment 08.03.2013 18
18. The In-memory and Big Data fit
A
Memory and processing
Key Value
comprise many machines
Disk storage detached
from the application
B
Key Value
Application
C
Key Value
Header
Key
• Application
• Information composition Aggregate
Value
• Business logic Value
• Key object may be complex
• Application is free from deployment concerns
• Big Data
NTA – Equity –transparent and live risk assessment 08.03.2013 19
19. The XML-document – Master template
• The Head is
• key object
Head
• classification of information
• also a protocol and interface
• The Head is to the Repository as Document internal state
a Library Catalogue Card is to a
Library
• Robust and Consistent
• Independent and Shardable
Aggregate
• Reduced I/O and Concurrent
• Historically Correct
• Business Event and Data
Anomalies
• External XML-schemas
• Search Engine
Audit
• (Only one producer, this is no database system!)
NTA – Equity –transparent and live risk assessment 08.03.2013 20
20. The XML-document – Tax Assessment form
GUID, timestamp,
• Main subjects are debit and concerns, state [private, public, deleted, replaced]
reported by, replaced by
credit of a transaction, under schematype,
GUID
legitimate period [income year, date period],
what legislation, at what time,
and who we should trust this phase [prognosis, prefilled, delivered, assessed, complaint]
version
information module state [new, manual handling, finished]
• Immutable when ‘public’ field2.1.1
• New version on update text
value
• Transparency by referencing field3.1.12.7
ref GUID GUID
underlying documents …
field5
• Consistency by referencing
underlying documents
• Complete audit in the same description
concerns fields this.URI
document
• Insight without business logic user name
timestamp
• The interface to any consumer event, reason
concerns fields this.URI
NTA – Equity –transparent and live risk assessment 08.03.2013 21
21. The Application – Cloud Enabled
A
Services User Interface Key Value
ACL
TaxInfo Repository
ACL
B
Key Value
C
ACL
Key Value
Other Repositories and Services
• The Business Logic run here
• Overly simplified, but still illustrates that information is taken out of their
coarse documents, and - through an Anti Corruption Layer -, structured
in a specific Domain
• Eventually Consistent: Comparing last version of C to new version
of C as a consequence of changes to A or B is vital
NTA – Equity –transparent and live risk assessment 08.03.2013 22
22. Straight through processing and Workflow
• Component based / layered
• Separate business logic from
architecture
• Re-use of services, GUI and data
• Process focus
• Straight through and Workflow
• Parallel
• Linear scale
• Open standards
• xml, java, container, web
• Sourcing
• Lifetime principle
• Object oriented
• Explicit Domain Model
• Rich semantics, DSL
• xml 1:1 with java
• Test and simulate
• Automated tests
• White-box test
• Dry run
• Operations
• Re-run after fault
NTA – Equity –transparent and live risk assessment 08.03.2013 23
23. The Continual Aggregate Hub
• Design patterns:
• Domain Driven Design
• Tuple Space, CQRS, BASE, SOA, ODS
• XML-documents, plain Java and REST
• Migration path by having old
(deprecated) and new participate.
• Consume and produce at systems pace
• Continual process, raise claim at
designated time or event
• A timeline for every document
• Short time-to-marked
• Refactor at any time 100’ of document types
100’ of applications
• Search and view of all documents Cloud enabled
360o of Parties Assets, Forms ++ Vast deployment options
NTA – Equity –transparent and live risk assessment 08.03.2013 24
25. A Blueprint of your new Core System?
• Structurally comparable, • PoC results
even though data and logic are different
• 80.000.000 Documents
• Handling of Financial Documents in one • 5.000.000 Party Summaries
architecture (Securities, Assets, ...)
• 8 Risk dimensions
• Consolidate Parties
• 3 minutes on 12 servers
• Have all Business areas publish to
• € 50.000 in Hardware
“Continual Aggregate Hub”
• € 130.000 in Licence
• Tap into “feeds”
• 30% of current Maintenance
• Build live Risk Assessment
• 5% of current Hardware
• Modernise systems prioritised by
Business need • Best Sourcing there is
• Modules supporting Business
• Documents contains Products
• Yes, you will have to Run the Gauntlet
(each line of Business, IT dept., CTO, and CIO)
NTA – Equity –transparent and live risk assessment 08.03.2013 26
26. Thank you!
• http://domaindrivendesign.org/library/vernon_2011
• http://www.infoq.com/minibooks/domain-driven-design-quickly
• http://www.bankofengland.co.uk/publications/Pages/default.aspx
• http://www.riskresearch.org/
• http://tormodv.blogspot.com/2011/02/comment-on-restful-soa-or-domain-driven.html
• http://tormodv.blogspot.com/2010/11/concept-for-datastore-and-processing.html
• http://tormodv.blogspot.com/2011/02/document-store-for-enterprise.html
• http://tormodv.blogspot.com/2012/01/tax-norways-poc-results.html
• http://tormodv.blogspot.com/2011/09/dont-let-enterprise-service-bus-lead-to.html
• http://tormodv.blogspot.com/2013/01/target-architecture-looking-good.html
• http://www.slideshare.net/tormodv
My blogs are written for stakeholders and architects, and meant to be as timeless as possible.
NTA – Equity –transparent and live risk assessment 08.03.2013 27
28. 8-machine strategy
External Party Compliance
communication !
A landscape of Build or buy?
federated Clear separation.
event-driven systems
Process Migration friendly.
Security Document
Assessment Collection
NTA – Equity –transparent and live risk assessment 08.03.2013 29
29. Our challenge
• Party centric
• Self service
• Re-use New
• Integrity, Transparency capacities
• 24/7, Event driven, Straight through
• Yearly revised legislation
• Long lived (10+ years)
• Business challenge: Live payroll
Simplify
• Sourcing and Migration
Standardise
• In-memory, Big Data
• IaaS, PaaS, SaaS
NTA – Equity –transparent and live risk assessment 08.03.2013 30
30. Classic Situation at “any” Organisation
• Systems pr. line of business
(C) Monthy Pyton
• Systems pr. subsidiary
• Who are the Parties?
• What are the Assets?
• These large systems have too
many concerns
• Self centric, untestable
• Not able to bear
consistency, uptime, performance and ability to adapt
• Size if not a problem by itself, but the objective is
• Stop feeding these systems!
• You can’t wrap them in a tracksuit and expect an athlete!
NTA – Equity –transparent and live risk assessment 08.03.2013 31