Services: Process Review
Goal
Identification of unattractive features and vulnerabilities in an existing process.
Initial Situation
The customer provides us with the existing process concept and all related documentation (e.g. manuals, meeting minutes, etc.).
Approach
- Preparation: Definition of the goals as well as collection and discussion of the existing concept.
- Review: Review and analysis in order to determine errors and unattractive features.
- Discussion: Documentation and discussion of the identified errors and of the suggested measures.
Result
The customer is provided with a document that discusses the incorrect or unattractive features of the existing concept or the involved processes, respectively. These points are analyzed and their risks assessed, and appropriate countermeasures are indicated.
Pros and Cons
Processes are the basis for a secure solution. This allows to lay the foundation for the success of a project through a well though-out approach. As specialists, this enables us to point out problems and issues at an early stage before they can take root within a company.
Reference Example
Process Review Money Laundering: An international financial institution wanted to adhere to the legislation and regulations of the EBK/FINMA regarding money laundering. We examined the developed concept and its technical implementation with kdmatch/kdprevent in order to uncover vulnerabilities in the processes – that is, the execution of hidden money laundering. We discussed the discovered vulnerabilities with the customer who then implemented appropriate countermeasures. This guaranteed adherence to the aforementioned regulations.
