Name: Importance of PPM Software in Financial Services - with Ivars Rungis
Start: 2024-05-14T15:06:00Z
End: 2024-05-14T15:06:19.000Z
Location: BrightTALK
Rating: 0

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Taking a deep dive into the importance of compliance and governance when implementing AI across your businesses - and the crucial role automation can play.

Featuring Ignite Technology's CTO, Martin Hulbert is joined by Tech Journalist Pat Brans

Empower the (Compliant) AI Revolution with Automation | CIO Insights

President of the Project Management Association of Iceland and managing director and senior consultant at Projectus, Adalbjorn Thorolfsson talks about project and portfolio management (PPM) in the context of financial services. He shares insights into his role as the director of portfolio management at Icelandbanki, discussing the challenges faced and the strategies implemented. He emphasises the benefits of utilising PPM software to streamline prioritisation, governance, and strategic portfolio management, providing real-time overviews and aggregated information for informed decision-making.

He touches on the challenges of prioritising compliance projects and the specific risks inherent in financial services projects—including cybersecurity vulnerabilities, customer experience impact, transactional risk, internal fraud, and compliance considerations. Thorolfsson provides insights into the criteria for prioritising projects in financial services, focusing on strategy, financial benefit, and operational risk, and delves into the nuances of Waterfall/Predictive, Agile, and Hybrid project management approaches.

Thorolfsson also discusses the importance of balancing resources and reducing the time spent on compliance and operational projects to support strategic goals. He explains the approach of setting goals and implementing continuous improvement projects to achieve this balance, as well as the impact of organisational changes on project delivery. Furthermore, he provides valuable insights into the importance of integrating PPM software with other systems, emphasising the benefits of integration with ERP, financial planning, time tracking, and resource planning.

Adalbjorn Thorolfsson Interview: PPM and financial services

Discover the secrets of retail transformation in this insightful interview with Oliver Banks, founder of OB&Co consultancy. Learn about the role of automation in retail, the pivotal role of digital tools in enhancing customer experience, the increasing significance of data quality in the realm of AI and analytics, the challenges in stock control, forecasting, and order fulfillment, managing triggers, the vital role of reporting for CIOs, and the intricate web of data pipelines within retail. 

Oliver Banks describes data as the new oil and automation as the refinery, emphasising the need to process data effectively to create value. He explains the challenges of processing diverse data from various sources and databases, highlighting the benefits of automation in simplifying data processing, reducing errors, and accelerating data throughput.

Discover the secrets of retail transformation

Learn about the challenges IT directors in retail are now facing and find out how automation creates new opportunities. Websites need to be up and running 24/7, huge amounts of data need to be collected and stored and made available for decision making. IT leaders need to ensure data accuracy and compliance. They need to integrate disparate systems and build the infrastructure for reliable data exchanges, managing triggers and data pipelines. And they need comprehensive reports.

Automation helps ensure scalability and high availability—and it supports data analytics. Watch this video to find out how processes can be streamlined to enhance business performance.

Navigating Retail Automation: Challenges and Solutions in Ecommerce Operations

According to Dimensional Research: "In the complex realm of hybrid cloud costs, where 81% of companies grapple with the intricacies of multiple automation tools, the challenge is real. This struggle intensifies, with 69% admitting that these tools demand extra time, hindering the promise of efficient cost navigation."

Join us in our upcoming roundtable discussion, where industry experts delve into the challenges of hybrid cloud environments, especially those related to cost. Gain practical insights on how to approach hybrid cloud strategy more effectively and optimize costs through strategic automation. 

Don't miss this opportunity to unlock the full potential of your hybrid cloud environment.

Join in as panellists:

·      Uncover current challenges for CIOs with a hybrid cloud
·      Explore CIO strategies for operational efficiency in multicloud environments
·      Describe effective approaches to optimising cloud costs within multicloud strategies
·      Explain the role of enterprise automation in cost management for multicloud and hybrid cloud settings
·      Reveal best practices for seamlessly integrating automation into the environment


Panelists:
·     David Shannon - Head of Hyperautomation SAS UK and Ireland
·     Martin Hulbert - Chief Technology Officer, Ignite
·     Drew Firment - Chief Cloud Strategist, Pluralsight
·     Elena Alikhachkina - Head of Digital, Data Analytics, Board Director

Managing Hybrid Cloud Costs: The Automation Advantage

This interview, featuring insights from David Shannon, SAS Head of Hyperautomation, provides a nuanced perspective on the complexity of hybrid cloud environments. Shannon's expertise underscores the strategic importance of combining automation, security considerations, and organisational alignment for successful implementation.

Navigating Challenges in Hybrid Cloud Environments

Operational resilience is all about predicting risks and avoiding, adapting or responding to events that might cause disruption to an organisation. A critical approach that can help build resilience is automation. So much more than just programming workflows, automation can help identify repeatable business processes, and influence how technology is applied to ensure workflows are executed the same way, every time. Automation can be the key to successful resilience in the face of uncertainty.
 
In this panel debate, our experts will unpack operational resilience and show you how to unlock the potential of your business through automation.
 
Join us as our expert panel discuss:
 
- How to build operational resilience into the foundations of your organisation using automation
- How to use automation to ensure resilience within your data pipelines
- How to maximise your insights into processes to enhance performance
- How to increase operational effectiveness and efficiencies through automation

Building Operational Resilience: Harnessing Automation for Business Success

In this webinar we will look to address challenges in managing data within the digital economy, explores the potential link between organisational resilience and data automation, offers strategies for developing effective data automation plans while highlighting implementation pitfalls to avoid, and provides insights into the structure of a data automation project.

Practical Paths to Automation Success

In this webinar, independent journalist Pat Brans interviews Martin Hulbert, Technical Director at Ignite Technology.

Martin explains Data Pipelines, the stream of data across an organisation from start to finish and Data Pipeline Orchestration which is about orchestrating all the individual components that make up the pipeline to allow it to flow from multiple sources, through multiple systems to its final destination.

Because processes are inherently isolated, and visibility is at a minimum, it is nearly impossible to orchestrate a data pipeline manually. The dawn of APIs has made it easier to connect to multiple systems, but the problem of coordinating disparate processes and jobs still persists.

We will discuss regulatory compliance—especially in financial services—billing in utility companies, and order processing in retailing. However, virtually every organisation in the world has at least one data pipeline that underlies some critical process and needs to be orchestrated.

Lack of remediation or slow remediation can cause problems and lead to a loss of time, missed deadlines, and potentially lost customers. The process of tracking back through the pipeline to identify a problem often requires escalation all the way up to the C-level, because the processes span organisation—and even require cooperation outside of the company. 

Orchestration platforms can solve many of these challenges by coordinating processes from a central location. A spider-like tool with a central administration point and agents reaching out to different systems can be used to automate data pipeline orchestration. The tool frees up time for administrators and allows them—and everybody else involved—to turn their attention to more strategic tasks, whilst building in reliability and resilience.

Orchestrate your data pipeline to save time, money & build resilience.

In this video, independent journalist Pat Brans interviews Martin Hulbert, Technical Director at Ignite Technology.

Virtually every organisation in the world would love to orchestrate their services and processes to the point of perfection. Martin discusses the benefits of workload automation and service orchestration and addresses common misconceptions about automation, emphasising its ability to increase reliability and resilience, freeing all people involved to focus on more strategic tasks.  

Along the way, he describes some of the use cases for workload automation, including regulatory reporting. He also discusses the tools used for workload automation: specialised workload automation engines designed for this specific purpose.

Martin explains that workload automation and service orchestration platforms are designed to automate across large applications and can integrate with legacy applications through specific connectors or other methods. He discusses the project implementation process, starting with a small scope and working towards bringing more systems in.

How to succeed with workload automation and service orchestration

Kenneth Wilson, VP Presales at CA Technologies, explains why automation is often the unsung hero of digital transformation and the essential role automation played for one customer in creating a personalized experience for their audience.

Insider Stories: Why Automation is Key

Automation is vital to successful data management, alleviating data scientists and data engineers of the manual, repetitive data science tasks. But these data pipelines must also operate efficiently and successfully when in production. 

According to research by EMA, not all automation strategies are equal; as companies adopt the cloud, most rely on a mix of automation tools. This fragmentation of automation reduces the visibility of the business process, diminishing control, increases the rate of failure and reduces agility. 
 
Join Dave Kellermanns, Field CTO Advisor for Automation at Broadcom, to see how orchestrating AirFlow, Cloud Storage, Big Query, IICS and Kubernetes with Automation by Broadcom can better deliver your data pipelines and benefit IT Operations and your business.

Data Pipeline Orchestration in the Cloud

We spoke with v consultant, trainer, outsource project manager, and member of the board of the Latvian National Project Management Association. In this video Ivars discusses project portfolio management software (PPM) and its significance for organisational success.

He covers a range of topics, including the features and benefits of PPM software, its role in strategic management, and the tracking of strategic versus operational projects. He also explores the challenges and benefits of integrating PPM software with other systems. Ivars provides valuable insights into the complexities of managing project portfolios and the need for efficient data integration and automation.

Importance of PPM Software in Financial Services - with Ivars Rungis

Project And Portfolio Management

Project Management

Strategic Planning

Resource Management

Data Integration

Automation

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Importance of PPM Software in Financial Services - with Ivars Rungis

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