The benefits of joinedup infrastructure can be summed up as improving performance, governance, extensible architecture, and avoiding unintended consequences. These are all factors that will help you to achieve your business objectives in an effective and efficient manner. However, you will have to ensure that you choose the right solution for your organisation.
Extensible architecture is a great way to ensure that your company’s data is used in the most effective way. Whether you are a financial institution, manufacturing enterprise or a government agency, having a comprehensive approach to data management can help you to achieve your goals and drive your business forward.
One of the most important tasks in this regard is to establish a centralized data management system. This will ensure that all your key functions are able to leverage the right data. It will also improve your management oversight.
A well-designed data strategy will allow your firm to make better decisions and distribute the right information to the right people at the right time. This will help you to drive revenue growth, reduce costs and improve your total shareholder return.
Joinedup government is an initiative designed to achieve a collaborative model of service delivery across organizational boundaries. It originated with the Tony Blair administration in the United Kingdom in the 1990s. In a joinedup approach, the government will coordinate the activities of various agencies to meet a common set of goals.
The key to success in joiningup is to align the resources, incentives, and management systems of the various organizations involved. This requires both leadership and flexibility. Among other things, joinedup initiatives will also require an alignment of the cultural and political landscapes of the governing and the delivering agency.
However, while the benefits of joinedup are obvious, the challenges are equally apparent. Traditional barriers to cross-organizational collaboration are often the biggest obstacles to joiningup.
The European Union has introduced a series of financial market regulation changes. These changes include the Markets in Financial Instruments Directive (MiFID) and the Securities Transactions Regulation (STR). They are intended to ensure a high level of harmonised protection for investors.
Global investment managers will need to evaluate their research and trading practices. While they may be able to separate their portfolio management by region, it is unlikely they can implement a full ring-fencing solution. Instead, they may need to find regulatory solutions outside the EU.
In addition, global investment managers must determine whether their investment activities are subject to the MiFID II ban on inducements. If they are, they must report the total cost of their investment activities to their clients. Moreover, they must keep records of trades and other transactions.
If you want to boost your performance and efficiency, you should look to join up your data. This will enable your firm to gain a more complete understanding of your employees. You can also use data to better inform your strategic decisions, improve client segmentation and reduce your risk of fraud and M&A. By using joinedup data, you will be able to achieve better returns and revenue growth.
Joinedup is a platform for workforce management that combines configurable dashboards, advanced scheduling tools and custom reporting. It eliminates inefficient silos and simplifies day-to-day processes, allowing agencies to scale by up to 35% without adding headcount. The JoinedUp system automatically generates electronic timesheets and calculates pay and bonuses instantly. And it also integrates with existing finance systems.