FINTECS LAUNCHES THE GUIDE TO FINANCIAL
London, 24 May 2006 -- Fintecs, the
pioneers of visual mapping of financial IT systems, has launched ‘The
Fintecs Guide to Financial Instruments’ – a document that explains in
visual terms the financial characteristics of the most commonly traded
financial instruments. The Guide can be viewed on the Fintecs website at www.fintecs.com/the-big-picture.htm
and the full version is available Free to everyone who registers on the
Says Fintecs chief executive Tony Gratton, ‘Our new Guide has been
developed to help all those in the financial services industry, and the
Media, who need to have a handy source of reference to the most commonly
traded instruments – everything from shares to derivatives. But it also
very neatly illustrates the advantages of the visual mapping techniques that
we have developed over the past five years to document some of the world’s
most complex financial IT systems.’
Mapping techniques developed by Fintecs have enabled financial and other
organisations to document their structure and business processes, to manage
rapid organisational change, to transfer knowledge between staff, and to
better understand how their business processes and staff interact.
Says Tony Gratton, ‘Our experience with one of Europe’s leading banks
has shown us that visual mapping of processes is the key to unlocking the
true potential of IT systems in so many ways. Security is all about
understanding the big picture - visual documentation provides this.
Compliance is increasingly about getting the big picture - visual
documentation provides this too. Operating a modern trading platform
requires a complete grasp of the big picture – once again, visual
documentation provides it. We have only just scratched the surface in terms
of the contribution of visual mapping to financial services IT. The next big
step in visual documentation will be the ability to link process to back-end
data, and that’s what we are working on right now.’
‘The bottom line is that data without comprehension is just so much
garbage and visual mapping delivers this comprehension quickly and
- ends -
Notes to editors:
1. The Fintecs Guide to Financial Instruments is available in hard copy and,
shortly, in electronic form.
2. Copies of The Fintecs Guide to Financial Instruments are available from:-
Founded in 2001, Fintecs is a Banking IT consultancy that combines in-depth
expertise in Banking and the Financial industry with a unique approach to
the visual documentation of systems, business processes and people.
The Fintecs visual approach to IT documentation has been developed to help
financial institutions of all kinds to rediscover the value of their
hardware and software assets and to:-
· Transfer vital knowledge among staff
· Match IT systems more closely to the needs of business
· Understand fully how business processes interact
· Plan future systems with confidence
Fintecs draws on a wealth of experience with all kinds of financial
institutions from private banking to trust administration including
specialities such as asset management for private and institutional clients.
Fintecs has carried out consultancy projects in countries throughout Europe.
Staff are English-French bilingual and have extensive experience of the
Swiss banking system.
Fintecs consultancy work has included business process analysis from
front-office to back, data flows, databases and a wide range of software
applications, with extensive experience of Project Management, Project
Implementation, Systems Integration, and Systems Replacement.
Further information in at the Fintecs website www.fintecs.com
Tony Gratton, MD, Fintecs
Tel: +44 1395 260260
Jacqui Green, JGMpr
Tel: +44 20 8464 6462
Mob: +44 7885 270349