ESG Implementation

Traditional ESG/ BI/ ETL Systems

data-warhousing Data Warehousing

Primary Data Collection

Third-party Data

Integration Data

data-analysis Data Analysis

Data Quality: Checks & Alerts

Data Processing: OLAP

data-visualization Data Visualization

Dashboards

Reports

Requires additional actions for data export
Manually reconfiguration ESG / ETL / BI Systems for changing Business Processes

QOTEQ includes all existing ESG/ BI/ ETL functions plus:

Automatic configuration of all analytics & reports based on Business Meta Language (BML)
The ability to use different versions of reports
What-if analysis capabilities
Real-time notifications
plus Exports all data to external systems in auto mode
plus Requires additional actions for data export
plus Convenient and accurate ESG reports from bank clients * (in a unified format)
plus Requires additional actions for data export

Consumer loans

Connection of new remote sales offices

In this scenario, a Systemically important financial institution (SIFI) decides to provide consumer loans directly in venues that sell home appliances. This requires the following:

Quick assessment (few minutes) of a buyer’s credit capabilities. Quick approval / decline of the loan, verification of credit limits

Secure and data-safe access to the internal data systems of the bank in order to provide a loan on the spot (in the sales venue):

  • A bank representative in the sales venue (possibly)
  • Integration or deployment of a special interface or additional software for the employees of the sales venue

The ability to quickly onboard, deactivate or activate sales venue credit points

A system or process that adapts to the high variability of relationships with each trade/sales partner. Variables can include:

  • who pays the % on the loan (consumer/sales partner)
  • liquidity of the goods
  • loan security
  • and so on

Without QOTEQ

Creation of a technical task for the platform UI

5-10 days

UI refinement / development *

3-6 weeks

*any changes implementation (1 week every time)

Setup of a scoring system for streamlined operation of the platform

1 week

Contract preparation Testing phase

1-2 days

With QOTEQ

Application of Rule changes to the partner relationship/ operation

1-2 hours

Description the operation of the product (including scoring rules & contracts) using our BML by BA

3-4 days

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Restructuring

Restructuring often leads to identifying old issues or introduces new variables:

Without QOTEQ

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The bank needs to roll back to the w8-w9 level and reconfigure all new variables (basically - redo all the work).
Delay of 5-20 weeks with associated expenses (depending on the stage of the restructuring).

With QOTEQ

BA implement changes 1-2 days
New version of the necessary processes would take 1-2 weeks (including troubleshooting).

Without QOTEQ

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Formalization and description of changes in each business process
in the form of business cases

3-6 weeks → Change Committee + BA

Creating technical requirements for changing each information subsystem based on business cases

4-6 weeks → BA

Creating a step-by-step change development and implementation plan

1 week → BA + PM + CTO

Development and approval of the technical solution architecture

2-3 weeks → SA + functional managers

A pull of training events for staff

2-3 weeks → BA + functional managers + employee

The Change implementation

3-4 months → BA + functional managers + IT + employee

With QOTEQ

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Formalization & description of changes\in each business process
in the form of BML sentences

3-6 weeks → Change Committee + BA

Compile and test
the result as a model

4-6 weeks → BA + CTO

Short clarification meeting

1 day → FuncMgmr + Employee

Apply all necessary changes
from the specified moment

1 day → CTO + BA

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Restructuring

While adapting to the needs of changing markets, banks often face the need for restructuring:

  • Change financial products
  • Implement new standards due to changing demands or regulations
  • Increase operational effectiveness and lower risks

The capabilities of QOTEQ allow for a much simpler and quicker restructuring process. This also decreases the strain on staff.

Changes to business processes require fast changes to data systems (or deployment of new ones).

End benefits:

  • x2 faster process (or more)
  • 60% less involvement of developers & IT staff + less expenses
  • Simple implementation of changes at any stage in hours
  • Changes often don't require staff re-training
  • Implementation of changes is 2-3 times less expensive
  • Troubleshooting & maintaining changes is decreased by up to 10 times
  • The ability to work with both old & new data systems simultaneously, without data loss
  • Quick rollback of changes (if needed) without data loss
  • Smooth & simple process of documenting business processes and changes (keeping them up-to-date)

Pricing

Service packages

QOTEQ is free & open source, but we deliver 2 service options to maximize its potential & make your business competitive & efficient.

QOTEQ Standalone Server

(initial setup + 1 month of support)

  • 10 hrs of consulting or IT assistance for the initial deployment and setup of QOTEQ on your server
  • 300 hrs of consulting/ support for your Business Analysts in our simplified “coding language” and the validation of their code description of your processes
  • 1 year of access to repositories with system updates, document templates, and BP templates with the option to prolong subscription

*You keep all your setups and downloaded materials/updates forever, even after the 1 month period ends.

QOTEQ SaaS

(paid service)

  • Configuration-wizard which makes an initial version of the BML description of the business (unlimited for service users)
  • 30h video course for BA to learn the BML
  • 1-year access to repositories with system updates, document templates, and BP templates with ability of prolongation
100 € / month per user
map of the world

Contact us

Let’s get in touch

QOTEQ was built from the ground up for pragmatic improvements in business effectiveness: cost savings, operational efficiency, etc.

QOTEQ Portugal
Startup Madeira - EV 176
Campus da Penteada
9020-105 Funchal - Madeira
Rua da Prata 80,
1100-420
Lisbon
vitor.cruz@qoteq.com
+351 926 800 770
www.qoteq.com
QOTEQ Ukraine
'Avenue53' Business Center,
53, Peremogy Avenue, office 422,
03067, Kyiv
yk@qoteq.com
+38 050 990 00 44
www.qoteq.com