The Data & Automation team helps clients to effectively utilise existing data in order to enable a high degree of automation. As a result, the improved performance allows clients to shift scarce human resources into areas with higher added value.
Services
- Business Intelligence and Dashboarding
- Process Intelligence
- Data Intelligence
- Robotics Process Automation
- Solution Development
- Smart Cities
Business Intelligence and Dashboarding
What we do?
- Business Intelligence Tool development to enhance the decision-making process.
- Define value-adding KPIs to help drive your business forward.
- Management Reporting advisory (including end-to-end BI tools implementation).
Value Proposition
- Uncover secrets hidden in your data and unlock their potential for better decision making.
- Gain trust in your data and confidence that the data you are using is relevant and of the appropriate quality.
- Optimise and streamline your reporting process with new data insights.
- Understand the importance of data and how relevant and timely reporting fits into broad organisational goals.
- Utilise a hosting/managed service so you don’t need to deal with infrastructure costs.
- Use our sector expertise to assess processes which generate and transform the data.
- Connect multiple systems together – gain greater visibility and get rid of useless excel-based reports/analyses.
- Gain confidence in the quality and integrity of your data
- Bad data = bad decisions and inaccurate data can lead to revenue/profit loss, increased working capital and/or cash-flow spikes
- Delayed access to up to date information can lead to poor decision making or inability to meet regulatory/supplier/customer needs
Process Intelligence
What we do?
- One of the simplest ways of improving your chances of success, is tackling the root causes of business process issues, for example - bottlenecks, revenue leakage, non-standard processes, workarounds, user error, control breakdowns and noncompliant activities. We utilise state-of-the-art PwC Process Intelligence technology to address those challenges.
Value Proposition
- Understand and optimise your real business processes – this will have a significant effect in decision-making and cost reduction. You will also gain a holistic picture of how the business process operates on every stage of the life cycle and detailed information on activity of every user involved.
- Get ahead of your competition – based on a full-population analysis, make your processes more efficient.
- Mitigate reputation risk by structuring your operations.
- Bad processes lead to bad data, bad management decisions, revenue/profit losses, increased costs and reputation damage. Using PwC Process Intelligence techniques, we can easily help you address those challenges.
- With fine-tuned processes, it is easier to have up to date information and spend less time reacting to problems and needs.
Data Intelligence
What we do?
- Using data-driven techniques, robust technologies and our data-savvy experts, we optimise the way your business performs and find variety of hidden insights to drive your business forward.
- Assessing data integrity and opportunities for process optimisation.
- Managing and assessing the risk and regulatory environment in all critical territories.
- Working with data requires a very specific skill set that can be obtained through our client training program or joint project.
- Matching revenue transactions with the GL and Sub Ledger, providing evidence of revenue FSLI assertions of completeness, accuracy, and cut-off.
- Recalculating year to date interest income for loans and savings products and reconciling these with the financial statements.
Value Proposition
- The purpose of analysing data is to obtain usable and useful information which brings value to your business and helps to answer day-to-day challenges.
- Using good quality data and robust analysis enables you to connect the dots between your data, systems and processes, and understand the moments that matter when actual behaviours have a real impact on your business. We create a competitive advantage due to the unique mix of business, assurance and data analytics capabilities. By combining significant experience and close cooperation with other teams, we deliver results and end-to-end service that are of the highest quality.
- Improving your ability to rely on the accuracy of the algorithms that are processed by your systems.
- Revealing secrets hidden in the data to drive your business forward
- Validation of complex data migration processes
- Better understanding of available data and accelerating data availability time
- Confirmation of the correctness of complex algorithms
- Verification of the completeness and integrity of data sets
- Development of financial calculation and validation methodologies
- On-time prevention of fraudulent transactions
Robotics Process Automation
What we do?
- We guide our clients through the RPA journey, from client processes analysis to final deployment and maintenance.
- We implement not only the RPA but the entire solution the effect of which will improve the experience of the client, the client’s employees and even the client’s customers.
Value Proposition
- Increasing the client’s team capacity though automation of routine, repetitive tasks.
- Reducing time to perform these tasks, and, at the same time, extending the work to 24/7.
- Client gets the RPA implementation and process standardisation at the same time.
- Improves quality and eliminates errors
Solution Development
What we do?
- We design and develop bespoke software to support you in any complex task.
- We have already made our own solutions which we customise to meet the needs of our clients.
Value Proposition
- Removing legacy Excel-based calculations and data acquisition and reporting and switching to tailored applications
- Fulfilling recent compliance requirements and accounting standards with top notch solutions
- Being flexible to meet our clients’ needs in terms of solutions, technologies and delivery time
- Combined solutions with other technologies within CEE Data Family
Smart Cities
What we do?
- Smart City strategy evaluates the current state of the city, defines short- and long-term goals and proposes steps (action plans) to reach them.
- City data governance: an important part of the roadmap is composing a complete list of any datasets that could be included in a smart city data platform.
- Data platform implementation: we then help the city design and deploy a Smart City data platform in its preferred IT environment where it can be further developed by external vendors or the city itself. The platform should be capable of integrating existing city data with real-time data from sensors and run analytics across different domains.
Value Proposition
- Mapping and analysis of all current datasets and defining their owners and rules for accessing
- Providing the tools and logic behind open data management
- Smart City data platform design, development and implementation
Contact us
Risk and Accounting Advisory Services, PwC Cayman Islands
Tel: +1 (345) 914 8678
Ciara Plunkett
Manager, Banking and Capital Markets, PwC Cayman Islands
Tel: +1 (345) 914 8783
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