Pharmaceutical companies need to define, document and publish a business process for the reporting and tracking of side-effects that might occur due to the drug usage. These side effects referred to as Adverse Events must be recorded and categorized. Once categorized, these events need to be reported back to the FDA and other regulatory agencies like the EMEA and local country agencies. These regulatory agencies define the timeframe (based on the severity of the report) in which the events need to be reported to them (from the time of diagnosis to the filing with the agency). Delays in reporting these adverse events can lead to the company being fined heavily or even having to pull the drug from the market. Learn more about our Adverse Event Reporting solution.
In the recent past FICC used to process all input data twice a day by running the match process of all the data files received from its customers (e.g. Fannie Mae, etc.). This process had high latency between data submission and receiving trade confirmations, which exposed the end users to operational risk. To reduce the risk exposure to its customers and in an effort to provide quicker trade confirmation FICC implemented RTTM (Real-Time Trade Matching). Learn more about our RTTM solution.
SOA Implementation for Discount Brokerage
A major discount brokerage engaged Ishi consultants to design an integration infrastructure to support an enterprise process within extremely tight time constraints. The business requirements were to implement modifications to the brokerage account opening process. All account opening processes had to conform to the stipulations of the USA PATRIOT Act by the federally mandated deadline. Learn more about our SOA implementation.
