Mario Bojilov, M Eng Sc (UQ), F Fin

Meta Business Systems

www.mbsys.com.au

“Automation is not technical in

character” – P. Drucker

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Take a step back from technology

and new horizons appear

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What‟s the real purpose? How a tool changed

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Technical Details Overview

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RDBMS

ProductionSystem

ConversionModule

ReportsReports

Data sub-sets

Compare

Data

Optical Disk

Technical Details Overview

RDBMS-based

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Technical Details Overview

RDBMS-based - 2-3 million transactions a week,

with daily peak loads of 1.2 million transactions

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Technical Details Overview

RDBMS-based - 2-3 million transactions a week,

with daily peak loads of 1.2 million transactions

Single point of contact – data conversion

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Technical Details Overview

RDBMS-based - 2-3 million transactions a week,

with daily peak loads of 1.2 million transactions

Single point of contact – data conversion

Reporting – Crystal, Oracle Reports, customised

Copyright © 2007-2008 - Meta Business Systems - www.mbsys.com.au All rights reserved

Technical Details Overview

RDBMS-based - 2-3 million transactions a week,

with daily peak loads of 1.2 million transactions

Single point of contact – data conversion

Reporting – Crystal, Oracle Reports, customised

User-friendly

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Versatility in Use Data warehouse – analyse the data with ACL,

Statistica, Mathematica, neural networks, etc.

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Versatility in Use Data warehouse – analyse the data with ACL,

Statistica, Mathematica, neural networks, etc.

Management reports – be a „hero‟

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Versatility in Use Data warehouse – analyse the data with ACL,

Statistica, Mathematica, neural networks, etc.

Management reports – be a „hero‟

Use it for marketing purposes – customer

segmentation, promotions, etc.

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Versatility in Use (cont.) Archiving mechanism

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Versatility in Use (cont.) Archiving mechanism

Data conversion tool

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Versatility in Use (cont.) Archiving mechanism

Data conversion tool

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Old System

New System

CAATCompare

Compare

Versatility in Use (cont.) Archiving mechanism

Data conversion tool

Change management

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Versatility in Use - SummaryInitial Objective End result

• Computerised auditing system • Computerised auditing system

• Business Improvement Tool

• Data Conversion Checks

• Change Management Mechanism

• Archiving Mechanism

• Vendor Management

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CAATs are not auditing tools

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CAATs are not auditing tools CAATs are business, as well as auditing tools

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CAATs are not auditing tools CAATs are business, as well as auditing tools

Fraud prevention

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CAATs are not auditing tools CAATs are business, as well as auditing tools

Fraud prevention

Business protection/loss prevention

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CAATs are not auditing tools CAATs are business, as well as auditing tools

Fraud prevention

Business protection/loss prevention

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Financial Services

•Barings Bank bankruptcy -

1995 (£ 827 million)

•NAB forex scandal - 2004 (A$

360 million)

•Société Générale - 2008 (€

4.9 billion)

Different personalities and

culture

CAATs are not auditing tools CAATs are business, as well as auditing tools

Fraud prevention

Business protection/loss prevention

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Financial Services NEM participants

•Barings Bank bankruptcy -

1995 (£ 827 million)

•NAB forex scandal - 2004 (A$

360 million)

•Société Générale - 2008 (€

4.9 billion)

Different personalities and

culture

Relatively new market

CAATs are not auditing tools CAATs are business, as well as auditing tools

Fraud prevention

Business protection/loss prevention

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Financial Services NEM participants Carbon Trading

•Barings Bank bankruptcy -

1995 (£ 827 million)

•NAB forex scandal - 2004 (A$

360 million)

•Société Générale - 2008 (€

4.9 billion)

Different personalities and

culture

Relatively new market Coming in 2010

CAATs are not auditing tools CAATs are business, as well as auditing tools

Fraud prevention

Business protection

PR

Copyright © 2007-2008 - Meta Business Systems - www.mbsys.com.au All rights reserved

CAATs are not auditing tools CAATs are business, as well as auditing tools

Fraud prevention

Business protection

PR

Banks

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CAATs are not auditing tools CAATs are business, as well as auditing tools

Fraud prevention

Business protection

PR

Banks

Gaming

Copyright © 2007-2008 - Meta Business Systems - www.mbsys.com.au All rights reserved

CAATs are not auditing tools CAATs are business, as well as auditing tools

Fraud prevention

Business protection

PR

Banks

Gaming

Tabloid journalism

Copyright © 2007-2008 - Meta Business Systems - www.mbsys.com.au All rights reserved

CAATs are not auditing tools CAATs are business, as well as auditing tools

Fraud prevention

Business protection

PR

Banks

Gaming

Tabloid journalism

Works on exceptions

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CAATs are not auditing tools CAATs are business, as well as auditing tools

Fraud prevention

Business protection

PR

Banks

Gaming

Tabloid journalism

Works on exceptions

Therese Rein

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CAATs are not auditing tools CAATs are business, as well as auditing tools

Fraud prevention

Business protection

PR

Banks

Gaming

Tabloid journalism

Works on exceptions

Therese Rein – 0.016%

Copyright © 2007-2008 - Meta Business Systems - www.mbsys.com.au All rights reserved

CAATs are not auditing tools CAATs are business, as well as auditing tools

Fraud prevention

Business protection

PR

Performance improvement

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How to get the system you need? WIIFM

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How to get the system you need? WIIFM – be „multi-lingual‟

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5 Keys to a Successful Project1. Technology on its own is not enough, you need people and

processes to get you where you want to be

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5 Keys to a Successful Project1. Technology on its own is not enough, you need people and

processes to get you where you want to be

2. Technology is just a tool. How and what you use it for makes all

the difference

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5 Keys to a Successful Project1. Technology on its own is not enough, you need people and

processes to get you where you want to be

2. Technology is just a tool. How and what you use it for makes all

the difference

3. Don‟t try to plan everything

Copyright © 2007-2008 - Meta Business Systems - www.mbsys.com.auAll rights reserved

5 Keys to a Successful Project1. Technology on its own is not enough, you need people and

processes to get you where you want to be

2. Technology is just a tool. How and what you use it for makes all

the difference

3. Don‟t try to plan everything

4. Technology rarely fails on its own, people usually make it do so

Copyright © 2007-2008 - Meta Business Systems - www.mbsys.com.auAll rights reserved

5 Keys to a Successful Project1. Technology on its own is not enough, you need people and

processes to get you where you want to be

2. Technology is just a tool. How and what you use it for makes all

the difference

3. Don‟t try to plan everything

4. Technology rarely fails on its own, people usually make it do so

5. Identify and/or create your allies

Copyright © 2007-2008 - Meta Business Systems - www.mbsys.com.auAll rights reserved

Copyright © 2007-2008 - Meta Business Systems - www.mbsys.com.auAll rights reserved

mbojilov@mbsys.com.au