White Paper / Abstract
October 2010


Total Visibility
How to increase control and add value to your business
Total Visibility - How to increase control and add value to your business




                                   Applied Visibility for Banking

                                   Across the globe, the financial sector is in the eye of the storm. Increasing regulatory
                                   pressures and tightening economic conditions force its participants to adapt quickly to
                                   the new panorama.

                                   The key to success in this challenging environment is to have all relevant information in real
                                   time to improve operational decision making. But it is not just about having data, it’s about
                                   being able to understand it, and having views which are adjustable to the needs of users.

                                   For example, Figure 1 shows a control panel/dashboard which provides a picture of the
                                   state of the services in bank offices.

                                   The colorful graphics facilitate understanding the information and speed up the process
                                   of decision making. Real-time management of critical applications enables service level
                                   improvement.

                                   Working with solutions that provide Total Visibility, banks will have greater visibility
                                   of different transactional processes in real time (for example, Home Banking, ATMs,
                                   payment processing, phone banking) at different levels and areas of management.
                                   Figure 2 shows an example of a dashboard that is used to monitor the state of the ATMs
                                   in a particular region selected by the user.

                                                                                              In every organization, each of the different
                                                                                              areas require particular information that is
                                                                                              relevant for having an immediate view of key
                                                                                              indicators that determine their performance
                                                                                              weekly, monthly and quarterly. This information
                                                                                              can be tailored to specific work roles: while
                                                                                              senior managers need a comprehensive
                                                                                              view of corporate performance, covering first
                                                                                              class financial aspects, human resources,
                                                                                              and customer metrics; a manager of a
                                                                                              branch requires information about the sale
                                                                                              of local products and the profitability by line
                                                                                              of business. Figure 3 shows the dashboard
                                                                                              used by the Department of Technology of a
                                                                                              bank to have visibility of the IT services state
                                                                                              and data flow.

Figure 1 - The colored icon informs clearly and simply the general state of monitored
processes (in this case, the service state of bank offices). Some data of particular          Regarding the Security Department, the main
relevance (Service level in the last hour and Goal) are reflected with large, easy-           objective of a tool that provides visibility is to
to-observe numbers. Line charts show the health of various processes in different
periods of time.                                                                              make banking operations absolutely reliable.


                                                                                                             © 2010 - Tango/04 Computing Group
                                                                                                                                                 2
Total Visibility - How to increase control and add value to your business




                                                                                      In this sense, there are many processes,
                                                                                      events, and incidents for which banks need
                                                                                      to have real-time visibility in order to ensure
                                                                                      their proper functioning.

                                                                                            Features, such as collecting, storing, and
                                                                                            interpreting complex centralized logs from
                                                                                            multiple platforms, which can also be
                                                                                            analyzed and correlated to provide users
                                                                                            with comprehensive visibility of all that is
                                                                                            happening in the monitoring applications in
                                                                                            real-time, contribute to achieving sustained
                                                                                            compliance with internal and external audits,
                                                                                            central bank requirements, and local and
                                                                                            international regulations such as SOX, PCI-
Figure 2 - Icons of different colors provide a snapshot of the service level of the ATM
                                                                                            DSS, and HIPAA.
network of a bank. At the bottom of the dashboard, references of what each color means      Other features that are useful for
are permanently available. The line graph allows comparing the availability and activity of
the monitored ATMs.                                                                         strengthening the Security areas of
                                                                                            companies are: sending scalable alerts and
                                                                                            predefined automatic actions (which provide
                                                                                            greater reliability and control by keeping the
                                        heads of each sector informed of everything that happens in real time), forensic analysis
                                        (which provides an accurate diagnosis of the condition of the monitored components),
                                        and predictive analysis (which, based on statistical analysis of trends, allows predicting
                                        what will happen in the future).




     Figure 3 - In this dashboard colored icons report the state
     of IT services and data flow in real time. The small graphs
           on the right show the state of security events, server
    performance, and key performance indicators (KPIs) of the
                                            business in real-time.




                                                                                                    © 2010 - Tango/04 Computing Group
                                                                                                                                        3
Total Visibility - How to increase control and add value to your business




                                                                 On the other hand, reports provide both instant images in real time
                                                                 and forensic analysis on service levels (SLAs), security, regulatory
                                                                 compliance, user activity, systems usage, and more. The clearer
                                                                 and the more intuitive the design is, the greater its ease of use will
                                                                 be.

                                                                 For banks, the possibility of issuing reports instantly helps improve
                                                                 the overall business vision, as well as sustainable compliance
                                                                 with security audits. See Figure 4.




Figure 4 - The use of reports allow companies to implement a
continual improvement program, focusing their attention on the
components with the biggest number of failures.




                                   About Tango/04 Computing Group

                                   Tango/04 Computing Group is one of the leading developers of monitoring software for Technology, Security/
                                   Compliance and Business Service Management (BSM).

                                   Tango/04 helps companies maintain the operating health of business processes, improve service levels, comply
                                   with security audits, increase productivity and reduce operating costs aligning their IT department with their
                                   business objectives. The group’s unparalleled “1-2-3” monitoring approach provides in only one single easy-to-
                                   use, real-time, multiplatform solution a powerful tool to: 1) Manage your critical infrastructure, applications, and
                                   business services (BSM), 2) Comply with current and future audits, and control your security in real time, and
                                   3) Manage your business processes in a centralized and effective way.

                                   The group operates throughout the world through its vast network of Business Partners and has more than
                                   2,000 customers, including companies such as: 3M, Alcampo, Arcelor, Banco Itaú, Bayer, BBVA, Boehringer
                                   Ingelheim, Bridgestone, Citigroup, Capgemini, CC&G (London Stock Exchange Group), Coca-Cola, Danone,
                                   DIA, Dolce & Gabbana, Dole Fresh Fruit, EDS, Euronet Worldwide, First Data Ibérica, Fortis, GE Money,
                                   Gucci, Helvetia, Inditex (Zara), ING Nationale-Nederlanden, Liberty, L’Orèal, Luxottica, MAPFRE, Manpower,
                                   Miele, Nestlé, Nike, Nissan, Pierre Fabre Ibérica, Prada, Random House Mondadori, SEUR Geopost, Shell,
                                   Telmex, TNT, Tribunal Regional Do Trabalho, Yves Rocher and Zurich Financial Services, among others.




                                                                                                           © 2010 - Tango/04 Computing Group
                                                                                                                                                4

Wp visibility banking

  • 1.
    White Paper /Abstract October 2010 Total Visibility How to increase control and add value to your business
  • 2.
    Total Visibility -How to increase control and add value to your business Applied Visibility for Banking Across the globe, the financial sector is in the eye of the storm. Increasing regulatory pressures and tightening economic conditions force its participants to adapt quickly to the new panorama. The key to success in this challenging environment is to have all relevant information in real time to improve operational decision making. But it is not just about having data, it’s about being able to understand it, and having views which are adjustable to the needs of users. For example, Figure 1 shows a control panel/dashboard which provides a picture of the state of the services in bank offices. The colorful graphics facilitate understanding the information and speed up the process of decision making. Real-time management of critical applications enables service level improvement. Working with solutions that provide Total Visibility, banks will have greater visibility of different transactional processes in real time (for example, Home Banking, ATMs, payment processing, phone banking) at different levels and areas of management. Figure 2 shows an example of a dashboard that is used to monitor the state of the ATMs in a particular region selected by the user. In every organization, each of the different areas require particular information that is relevant for having an immediate view of key indicators that determine their performance weekly, monthly and quarterly. This information can be tailored to specific work roles: while senior managers need a comprehensive view of corporate performance, covering first class financial aspects, human resources, and customer metrics; a manager of a branch requires information about the sale of local products and the profitability by line of business. Figure 3 shows the dashboard used by the Department of Technology of a bank to have visibility of the IT services state and data flow. Figure 1 - The colored icon informs clearly and simply the general state of monitored processes (in this case, the service state of bank offices). Some data of particular Regarding the Security Department, the main relevance (Service level in the last hour and Goal) are reflected with large, easy- objective of a tool that provides visibility is to to-observe numbers. Line charts show the health of various processes in different periods of time. make banking operations absolutely reliable. © 2010 - Tango/04 Computing Group 2
  • 3.
    Total Visibility -How to increase control and add value to your business In this sense, there are many processes, events, and incidents for which banks need to have real-time visibility in order to ensure their proper functioning. Features, such as collecting, storing, and interpreting complex centralized logs from multiple platforms, which can also be analyzed and correlated to provide users with comprehensive visibility of all that is happening in the monitoring applications in real-time, contribute to achieving sustained compliance with internal and external audits, central bank requirements, and local and international regulations such as SOX, PCI- Figure 2 - Icons of different colors provide a snapshot of the service level of the ATM DSS, and HIPAA. network of a bank. At the bottom of the dashboard, references of what each color means Other features that are useful for are permanently available. The line graph allows comparing the availability and activity of the monitored ATMs. strengthening the Security areas of companies are: sending scalable alerts and predefined automatic actions (which provide greater reliability and control by keeping the heads of each sector informed of everything that happens in real time), forensic analysis (which provides an accurate diagnosis of the condition of the monitored components), and predictive analysis (which, based on statistical analysis of trends, allows predicting what will happen in the future). Figure 3 - In this dashboard colored icons report the state of IT services and data flow in real time. The small graphs on the right show the state of security events, server performance, and key performance indicators (KPIs) of the business in real-time. © 2010 - Tango/04 Computing Group 3
  • 4.
    Total Visibility -How to increase control and add value to your business On the other hand, reports provide both instant images in real time and forensic analysis on service levels (SLAs), security, regulatory compliance, user activity, systems usage, and more. The clearer and the more intuitive the design is, the greater its ease of use will be. For banks, the possibility of issuing reports instantly helps improve the overall business vision, as well as sustainable compliance with security audits. See Figure 4. Figure 4 - The use of reports allow companies to implement a continual improvement program, focusing their attention on the components with the biggest number of failures. About Tango/04 Computing Group Tango/04 Computing Group is one of the leading developers of monitoring software for Technology, Security/ Compliance and Business Service Management (BSM). Tango/04 helps companies maintain the operating health of business processes, improve service levels, comply with security audits, increase productivity and reduce operating costs aligning their IT department with their business objectives. The group’s unparalleled “1-2-3” monitoring approach provides in only one single easy-to- use, real-time, multiplatform solution a powerful tool to: 1) Manage your critical infrastructure, applications, and business services (BSM), 2) Comply with current and future audits, and control your security in real time, and 3) Manage your business processes in a centralized and effective way. The group operates throughout the world through its vast network of Business Partners and has more than 2,000 customers, including companies such as: 3M, Alcampo, Arcelor, Banco Itaú, Bayer, BBVA, Boehringer Ingelheim, Bridgestone, Citigroup, Capgemini, CC&G (London Stock Exchange Group), Coca-Cola, Danone, DIA, Dolce & Gabbana, Dole Fresh Fruit, EDS, Euronet Worldwide, First Data Ibérica, Fortis, GE Money, Gucci, Helvetia, Inditex (Zara), ING Nationale-Nederlanden, Liberty, L’Orèal, Luxottica, MAPFRE, Manpower, Miele, Nestlé, Nike, Nissan, Pierre Fabre Ibérica, Prada, Random House Mondadori, SEUR Geopost, Shell, Telmex, TNT, Tribunal Regional Do Trabalho, Yves Rocher and Zurich Financial Services, among others. © 2010 - Tango/04 Computing Group 4