Planist Financial Services Performance Management Solutions with IBM Planning Analytics (TM1)

Planist provides a wide range of best practice performance management solutions for the financial services enterprises using IBM Planning Analytics (TM1). 

​Key Performance Management Solutions for Financial Services Enterprises
We deliver the following best in class solutions for financial services enterprises, such as banks:

• Budget Planning & Forecasting Solutions
  • At Planist, we implement best in class and fully fledged budget planning and forecasting applications covering at least the following features and modules​;​
    • Planning applications for Banking Income and Expenses, that are calculated for each product, for each transaction currency, for each branch and portfolio, for each line of business and customer segment based on key decision parameters such as credit and deposit volumes, interest rate, FTP rate, spread %, commision % ...etc. All accrual calculations, FTP calculations, ALM calculations and allocations, and all calculations for inter-bank and swap operations are dynamically embedded so that bottom line results for any parameter change can easily be simulated in real time. Key banking ratios are also calculated dynamically based on planned results in real time. 
    • OPEX and CAPEX planning applications, allowing planning for each expense currency, for each organizational unit and for each project. All depreciation results and other balance sheet impacts are calculated automatically. The planning models both allow manual input of planned of expenses as well as calculating them based on user defined parameters. Allocation of shared expenses are also handled to feed proper profitability results for budget.
    • Human Resources planning applications, allowing planning of headcount in the whole organization and also calculating the staff cost at all required level of detail. The solution loads actual headcount and payroll data to support planning calculations and also has capabilities for allocations of both actual and budget results to feed proper performance results. 
    • All budget applications are customized based on requirements of our clients and also integrated with each other and with actual data so that not only budget planning, but also budget and actual management reporting is also handled using the same applications. 
• KPI and Scorecard Management Solutions
  • At Planist, we implement best in class and fully fledged banking scorecard and KPI management models covering at least the following features and modules​;
    • A Cube based model ​allowing all KPIs and scorecards to be calculated/updated automatically everyday for all employees, including regional directors and managers, branch managers, and all portfolio managers in all branches. 
    • Allowing definition of all scorecard types and their KPIs, weightings, dependencies, linking those KPIs to budget and actual profitability data sources to be handled by key performance managers in a parametric manner without requiring technical skills or development. Hence new scorecard types and new KPIs can be easily and quickly defined without any new code deployment to production environment.
    • The best in class cube based in memory solution handles very complicated types of KPIs and scorecard types for very different types of job roles in the whole organisation. The solution not only calculates metric scores for each scorecard of each employee, but also calculates performance driven premium amounts based defined parameters.
• Performance Grading Solutions
  • ​At Planist, we implement best in class internal performance grading models for banking operation covering at least the following features and modules​;
    • Grading of regional units, grading of branches, and grading of individual customer portfolios at all line of businesses and for hundreds of KPIs for all periods. 
    • The solution not only determines grades, but also calculates scores and rankings of all individual units that are subject to grading for all KPIs, by also considering statistical outliers and rule based or user controlled exceptions.
    • The solution re-calculates/updates rankings and grades every day based on the fresh information flowing from actual and budget profitability models and data sources.
    • The solution also handles grading and ranking for derived KPIs that are calculated based on weighting of scored results of other KPIs. 
• Profitability Management Solutions
  • At Planist, we implement best in class and fully fledged banking profitability models covering at least the following features and modules
    • Cube based actual profitability data, calculations and allocations at full level of granularity to cover details for customer contract, customer account, customer, portfolio, branch, line of business, segment, product, channel and transaction currency. 
    • Activity/Transaction Based Costing Allocations for contract, customer, product, channel, portfolio, branch and Lines of business level profitability.
    • Customized, flexible, parametric allocation types to allocate shared expenses to contract, customer, product, channel, portfolio or line of business details. 
    • Calculation of key KPIs, such as ROE, RONE, ROR, Spread %, at all levels including contract, customer, product, channel, portfolio or line of business details, and allowing analysis of these at all dimensional levels.
    • Profitability cube model provides all key measures, such as P&L, Balance Sheet, RWA, Transaction Amounts, Utilization Amounts, and key ratios, in a single view for all products, branches, lines of business, customer segments, portfolios, individual customers, and even individual customer contracts, allowing drill down from high level summaries to detailed views at any level, also with option to drill through to transaction records where necessary.
    • In addition to best in class actual profitability models, we have also delivered budget profitability models, to calculate budgeted product, line of business, branch and portfolio profitability. Such models include flexible and parametric allocation features as well as detailed calculation of banking profitability for the budget from key decision variables, such as interest rates, spreads, fund transfer pricing rates...etc. 
• IFRS and Regulatory Reporting Solutions
  • Check this page for details. 

Common Key Features of our Financial Services Performance Management Solutions
In each of our projects we make sure to deliver the following key requirements:

• Fully customized based on individual business requirements. One size does not fit all.
• A complete solution with all planning and reporting modules are integrated to each other.
• Full integration of actual data from source systems
• Actual and plan comparison reports that are automatically generated. 
• Quicker deployment due to the use of our growing library of micro models.
• Multiple plan scenarios can easily be created and copied in the same model with automation.
• By automating meta-data update, minimal model maintenance requirement.
• One model for planning and reporting with fully integrated sub models​
• Full integration of actual data to support the planning and reporting processes
• Active Directory/LDAP integration for user authentication
• Both Internet Browser based, Excel Add-In based and Windows Client based access to all cubes
• All restrictive security and confidentiality requirement of our financial services clients are satisfied. 

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