delivering technology that supports innovation within an
TRANSCRIPT
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Delivering Technology that supports Innovation within an Integrated
System of Internal Controls
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IT & Business
Consulting
Legal
Consulting
Technology
Development
Research &
Training
Partnership Program
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Market Context
Closed and rigid IT solutions, which do not adapt to internal methodologies and organizational changes
Fragmented and uneven IT infrastructure, with high complexity regarding the integration and interaction of information flows
Inefficient information sharing, with lack of collaboration between control functions and vertical coordination
Inadequate data structuring, resulting in difficulties in terms of assessment, correlation and analysis of company assets
Individual and isolated evaluations, underestimating historicization, interdependences and dynamism over time
OrganizationalChallenges
Current Scenario
• Regulatory pressure is constantly increasing
• Organizations are becoming more complex
• The risk landscape is changing as a result
Organizations need to adopt integrated solutions to deliver continuous, real time governance of their information and processes
These solutions require a crossfunctionaland holistic approach, while providing management a concrete and effective support, in particular to cover organizational, control, IT and legal aspects
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Main Competition
Weaknesses
Solutions born outside the internal controls scope and readapted for this domain
Lack of abstraction, holistic vision, methodology and technology for a true integration of control functions
Multinationals with high market presence and ability to invest in resources and technological know-how
offering modular solutions to solve specific organizational and control needs
Strengths
Business & IT Transformation
Business ProcessManagement
Enterprise Resource Planning
Enterprise GovernanceSolutions
Audit & Compliance Management
Enterprise RiskManagement
Internal Audit Management
Enterprise IT Service Management
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Vision and Mission
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AIIA’s article «The Evolution of Software Systems for Internal Controls»
«Delivering Technology that supports Innovation within an integrated system of internal controls»
Complexity reduction in terms of implementation and integration
Systems Integration Integrated System Unique System
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Architecture
3° LEVEL (Governance)
Covers the entire operativity of each control function and provides a real integrated management of the ICS2° LEVEL (Management)
Provides tools and technologies to integrate, interface or implement the entire perimeter of controls, certifications and activities for management and analysis1° LEVEL (Operational)
Easily interfaces with organizational IT systems to allow planning of punctual and remote controlsEXTERNAL ENVIRONMENTProvides tools for remote analysis and control of events
Finance
Fiscal
HumanResources
Inventory & Logistics
Purchasing
Manufacturing
CRM & Sales
Administration & Accounting
ProjectManagement
Compliance
RiskManagement
InternalAudit
FinancialReporting
SupervisoryBody
Organization
Budgeting &Planning
Quality &Certification
BusinessIntellingence& Analytics
DocumentManagement
ManagementControl
EXTERNAL 1° 2° 3°
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Choosing SPHERAes
WHYAllows to create solutions in a agile,
reliable and precise way, in one integrated system which provides managers with robust governance
WHATAn IT system built with the most advanced
technologies and supported by a consolidateddevelopment methodology for software solutions,
not a simple management application
HOWImplementable without interrupting current
operations, guiding the organization and consultancy in supporting, controlling and optimizing internal
processes by offering ease of integration
WHENIn those situations characterized by
dynamic business management, where continuous change and evolution are the norm... a very frequent reality nowadays
WHEREBorn within the scope of corporate internal controls,
where organizational structure and regulatory obligations are in continuous and rapid change, but
it is suitable for any other need
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Implementations
ICS Assessment
Internal Audit
Inspection Controls
SREP
Quality Assurance (QAIP)
Compliance (Legal Inventory)
Financial Reporting
Supervisory Body
Business Certifications (ISO)
Health and Safety
Whistleblowing
Privacy (GDPR)
Legality Rating
Environment (EMS)
Risk Management
Control Risk Self Assessment (CRSA)
Operational Risks
Operating Losses (LDC - DIPO)
Fraud Risks
Action Plans and Critical Issues
Credit Monitoring
Remote Controls
First Level Controls
Anti-Money Laundering
Advice Management
Privileged Information
Related Party Transactions
Customer Complaints
Legal Issues
Data Governance Tool
IT (COBIT, ITIL)
Data Quality
Document Management
Project Management
Management Control
Supplier Qualification
Delegations and Responsibilities
Corporate Crisis
CONTROL SCOPE
Supporting the internal control systems and the organizational and process assessments
ORGANIZATIONAL SCOPE
Supporting the organization for asset and process management
LEGAL SCOPE
Supporting the interpretation of legislations and regulations
BUSINESS SCOPE
Supporting the evaluation of business’ operational, economic and financial data
TECHNOLOGY SCOPE
Supporting the integration and implementation of solutions (SPHERAes)
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1. Asset and relationship management (Assessment)2. Information content structuring3. External flows integration (ETL)4. Data Warehouse (DWH)5. Advanced management of user profiles6. Definition of control activity models7. Activity workflow structuring (WFL – BPMN 2.0)8. Detection schemes configuration9. Project planning10.Resources and activities scheduling11.Activities detection management12.Activity workflow monitoring
Technical Features*
MultiOrganization
Web ServicesIntegration
MultiLanguage
CrossFunctional
Full Web Customizable
Single Sign-On
13.Analysis dashboard management (BI)14.Workflow processing (CAD)15.Run-time report production16.Document management (DAA)17.Alerts and notifications (HP)18.Extra system communication (Mail)19.Proactive chat20.Daily activity reporting (Time keeping)21.Activities, sharing and agenda scheduling22.Ticketing23.News and contextual help (Chatbot)24.AI modules (previsioning and pattern recognition)
*SPHERA_Presentation for more details
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Long Term Relationships
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Banco BPMCapitalia CredemSanpaolo IMIBNLEniBanca AntonvenetaBPER BancaBanco Popolare di SondrioCentro Leasing BancaICBPIBanca CarigeCredito ValtellineseBancopostaPoste VitaBanca MediolanumMediocredito CentraleVolksbankdoValuePostePay
1994
M&A
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Customer Story
Customer since 2005
Before SPHERAes Software system developed in house, written in various languages, not flexible, not integrable and difficult to update
With SPHERAes 54 integrated control models
2005 – Branch Inspections
2006 – First Level Controls (Pledges, Overruns, Values, …)2008 – Fraud Detection and Accounting Controls (Financial Reporting)
2009 – Second Level Controls (Credit with graphic/matrix indicators)
2011 – Lost Data Collection (Complaints, Operating Losses, Legal Issues)
2012 – Early Warning in Credit Management (NPL)
2014 – Document Management (Alfresco integration)
2017 – Third Level Controls: Engagement Working Program (risk assessment and process control)
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Customer Feedbacks
IT Audit Project Manager (Postevita)
“The system has good scalability, linked to the great availability and competence of
the supplier.”
Auditor (Volksbank)
“The implementations made in the company have been customized to our needs and the requested changes are implemented in more than reasonable
times”
Lawyer (Studio Legale Coratella)
“You can choose fast and organized solutions for all your needs, following changes and company evolutions.”
IT Consultant (Ministero dell’Interno)
“Sphera is a scalable and adaptable metasoftware, easy to use in all IT
environments, an innovative solution that can be totally customized to the most
diverse needs.”
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Engagement Roadmap
Value
Proposition
Analysis
RealizationImplementation
Developments
FeasibilityFunctionalTechnicalProject
AssessmentPrototypingDevelopmentInternal testing
Change requestsCustomer testingDeliveryTraining
New modelsNew technologiesNew functionalitiesNew versions
Technical presentationLive DemoBusiness ProposalContract
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Ongoing Evolution - AI
For over 20 years our software platform SPHERAes has been
integrated with the most advanced technologies, including forecasting
Artificial Intelligence(AI experience-based)
Today the system can also be enhanced with cognitive AI
algorithms, Machine Learning methods for prediction, pattern recognition and classification of
risk events.
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Thank youMore info:
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Contacts:
Rino Belloni – CEO & CFO
Ercole Belloni – Innovation Manager