Operational Intelligence for Continuous Monitoring
Continuous monitoring is the process used to detect compliance and risk issues with financial and operational activities. Better than a snapshot in time, continuous monitoring enables immediate action to be taken.
Operational Intelligence is a new type of real-time, dynamic business analytics for ongoing business operations. Vitria Operational Intelligence brings visibility and insight to streaming data and transactions, correlating that “live” information with historical data, yielding insights that enable so that immediate and appropriate actions can be taken, With Vitria OI, organizations can improve governance, lower compliance costs and optimize operational performance. Implementation of Vitria OI is fast, easy and unobtrusive to existing enterprise software applications. The most effective organizations use continuous monitoring across a breadth of use cases including:
Governance & Compliance
Every organization must monitor its performance against goals. The best organizations gain insight and adjust plans in time to act on new opportunities. With Operational Intelligence, organizations can identify meaningful patterns that impact the top line, in real-time, aligning resources with those actions to maximize profitability and maintain strict regulatory compliance. As resources are more efficiently applied, companies also benefit from bottom line cost reductions. With Vitria OI, all of these organizational goals and key performance indicators (KPIs) can be monitored in real-time, using “live” role-based dashboards.
Situational Awareness
A key to the success of any organization is understanding critical situations in time to take action. However in most cases, information is either out of context, incomplete, or too late. Operational Intelligence enables the aggregation of real-time event information such as warnings, alerts, orders and transactions from various sources. Vitria Operational Intelligence for Continuous Monitoring takes this seemingly unrelated data, correlates it and presents it as a single, real-time common operating picture to support decision making. Vitria OI can bring complete situational awareness to emergency response, money management, freight movement, reducing risk and anticipating challenges. With Vitria, organizations can have complete situational awareness, better insight and make more informed operational decisions.