IBM Industry Models deliver competitive advantage by enabling the consolidation of clean, meaningful financial data across multiple channels, and products. They include a sophisticated set of business-centric blueprints that promote business and IT collaboration on requirements design and IT standardization and implementation. They deliver innovative content to address the latest regulatory and business information needs.
Enhancements provided with IBM Industry Models version 8.5 offering include:
- Compliance - Latest regulatory and business content is distilled into statutory reporting and business process requirements thereby avoiding the need for external development.
- Enterprise-standards – Enhanced support to enterprise architectural standardization projects related process transformation, and integration through Service Oriented Architecture.
- Accelerated delivery – Enhanced out of the box support for the industry’s leading performance management, information and process middleware, and development tooling from IBM that accelerates the requirements definition, development and deployment project phases.
Updated model content includes:
Telecommunications Data Warehouse v8.5
The Telecommunications Data Warehouse v8.5 offers communications providers predefined content for data warehousing to help provide trusted information to the right people at the right time. The latest version delivers new content in the following areas:
- Enhanced Service delivery management content
- Enhanced customer 360-degree analysis content for Customer Loyalty and Promotion.
- Support for TM Forum bench-marking business performance metrics
- Transactional Fact star-schemas in Dimensional Warehouse model
- Enhanced Dimensional and BG Models
- Upgraded Business Glossary Pack to include latest version related content
Banking and Financial Markets Data Warehouse models (IBM Banking Data Warehouse V8.5, IBM Banking & Financial Markets Data Warehouse V8.5 and IBM Financial Markets Data Warehouse V8.5)
IBM Industry Models V8.5 offers enhanced content for better reporting, credit, risk, and liquidity management. In addition to the regulatory and business content, the release offers enhancements to lower the total cost of ownership through integrated offerings from IBM and simplifying implementation and maintenance. V8.5 delivers the following enhancements:
- Model updates for BASEL II/III and Capital Requirements Directive (CRD) & Common Reporting (COREP) requirements
- Updates to reflect the new emerging regulations in the form of Dodd-Frank and Foreign Account Tax Compliance Act (FATCA)
- Extended model support for InfoSphere Business Glossary (IBG) and InfoSphere Data Architect (IDA)
- Standalone IDA, Erwin and IBG models
IBM Insurance Information Warehouse V8.5
Insurance Information Warehouse V8.5 offers a set of deliverables which are rich in regulatory and business content. In addition, the release offers enhancements to lower the total cost of ownership through integrated offerings from IBM. V8.5 delivers expertise and assistance by offering:
- Updates to meet Solvency II – QRT (November 2011) reporting requirements
- Extended model support for InfoSphere Business Glossary (IBG) and InfoSphere Data Architect (IDA)
- Standalone IDA, Erwin and IBG IIW models
IBM Banking Process and Service Model V8.5
Banking Process and Service models help clients speed up optimization of business processes, compliance projects, and service models, thereby accelerating implementation of new core systems and SOA projects. V8.5 delivers the following enhancements:
- New business content in the areas of Dataflow Analysis, Customer On-Boarding, CBM Updates, ISO20022 Analysis
- Models adherence to the emerging Services-Oriented Architecture (SOA) modeling standards namely BPMN 2.0 and SoaML
- Extended model support for InfoSphere Business Glossary, Rational Software Architect, and IBM Business Process Manager
IBM Insurance Process and Service Model V8.5
Insurance Process and Service models help clients speed up optimization of business processes, compliance projects, and service models, thereby accelerating implementation of new core systems and SOA projects. V8.5 delivers the following enhancements:
- Support Own Risk and Solvency Assessment (ORSA) solvency II requirement
- Updated content to reflect solvency II updates made to Insurance Information Warehouse (IIW)
- Models adherence to the emerging Services-Oriented Architecture (SOA) modeling standards namely BPMN 2.0 and SoaML
- Extended model support for InfoSphere Business Glossary (IBG) and InfoSphere Data Architect (IDA)
What’s new in other versions
- IBM Industry Models version 8.4
- IBM Industry Models version 8.3
- IBM Industry Models version 8.2
- IBM Industry Models version 8.1
Additional resources
Contact IBM
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Industry Model Resources
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Industry Models for Enterprise Data Management (EDM) in Financial Markets
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Using Data Models to Maximize the Value of Your Data Warehouse
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Delivering Agile and Flexible Payment Solutions Using IBM Banking Industry Models