Process Mining by FineDigit
Process mining, based on innovative and scalable solutions being widely adopted by other industries, is demonstrating its value for managing your day-to-day activity as well preparing your transformation plans
“PROCESS MINING is the best starting point ever of any digital transformation program providing a precise and science-based diagnosis, the ideal complement to business experts and analysts”
At FineDigit, we consider process mining as a key step of digital strategy to diagnose firstprocessing chains but also to put processes under controls in run mode.
PROCESS MINING is at the service of transformation,
· Take a science-based approach ideally complementing experts’ inputs
· Visualize business workflows based on data coming from your IS
· Determine very efficient business sequences considered as happy paths as well as all the variants for eventually a 60% cut.
· Track losing percentage points in STP, both vertically and horizontally
· Identify precisely where toenhance business processes to finally free up 20 to 30% of post-trade capacity
· Highlight where to speed upprocesses for more efficiency and compliancy
PROCESS MINING will be an inescapable pillar formonitoring business activity,
· Switch to a true monitoring model, potentially complement with RPA either upstream (to enrich data) or downstream (to activate additional processes)
· Rely on an extensible set of key performance indicators to assess STP rates and processing times
· Calculate and monitor costper trade
· Detect any risky occurrences (discrepancies, sensitive exceptions and statuses, atypical sequences, breachesof compliance & security)
· Find the good balance between a very-high level of automation and operational risk mitigation along the full business value chain