Data management challenges affect a host of concerns- data loss, illegal access, noncompliance with legislation, data breach, data loss, poor risk management decisions, an unregulated environment, and much more. Chief supply chain officers (CSCOs) of banks and corporates across the globe often struggle to translate their supply chain vision into a comprehensive, easily communicated, understandable, and business-aligned transformation roadmap.
ECS Fin advocates that data security and risk management leaders should prepare for ”harvest now and decrypt later” attacks by having an efficiently engineered data capture, storage, and distribution system that addresses the entire range of data exchange between internal applications, external entities, and all interested parties.
Agile data management (ADM) solutions are enterprise message hub solutions that are:
Enable the delivery of a trusted version of one or more subject areas to heterogeneous parties, supporting various business initiatives.
Support the linking, synchronization of master data and global identification across heterogeneous data sources.
Manage and create a persistent, central system of record
Support ongoing governance requirements through workflow-based monitoring and corrective-action techniques.
End-user organizations can easily implement it without having to make use of required professionals.
Core to ECS Fin’s Matrix framework is the notion of a “sentient” data management model that describes things as alive, responsive, and conscious. The sentient senses changes and risk events throughout the end-to-end data management model. Not only does it sense fraud signals, but it also shows awareness of unfolding disruptions. They can respond more quickly to transformational conditions with relevant actions across the end-to-end data management chain.
The Enterprise Message Hub consists of connection adapters, integration tools, data categorization, and data processing services. The platform is rich with message libraries, mapping tools, workflow managers, and validation rules.
