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So how can Tideway help me and

my organisation through critical IT

initiatives?

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Tideway provides solutions for critical IT initiatives that are currently front of mind for today's CIO, including:

Tideway solutions include professional services and training to ensure fast and effective implementation. Tideway partners with other leading technology companies to ensure fit with any enterprise management environment.

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Achieving and maintaining compliance

Meeting regulatory deadlines is a major headache for global organisations - especially with the range of local and international requirements they are now required to comply with - such as Sarbanes Oxley, FSA (in the UK), SEC (in the US) and Basel II. Failure to comply can result in financial penalties, business model restrictions (such as increased capital adequacy requirements) and even legal action.

Foundation can give peace of mind to senior management by providing daily compliance reports. It automates the technology audit process, and provides tools to map the applications used by critical business processes. For those business applications and supporting infrastructure, Foundation can show clear business and IT ownership, existence and currency of business continuity plans, a record of day-to-day changes and an understanding of risks. This demonstrates existence and enforcement of IT controls, and tracks progress towards regulatory goals. Foundation's ability to automate these tasks helps simplify the compliance process and reduces the associated costs.

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Consolidating and optimising infrastructure

Planning and executing major IT infrastructure projects in a large enterprise is a significant undertaking, which is typically hard to baseline, cost and manage. Unforeseen problems occur due to lack of visibility into the infrastructure, leading to changes in scope and resultant failure to meet deadlines and budgets.

To address these issues, Foundation helps to unpick the existing applications fabric in a managed way. Foundation can provide audit, impact and cost analysis and change tracking support for most migration, transformation and integration projects, such as:

  • Data centre consolidation
  • Operating system migration
  • Architectural migration
  • Application portfolio rationalisation
  • Application outsourcing

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Reducing IT operational risk

As businesses increasingly rely upon their IT infrastructures to deliver products and services to market, those infrastructures are becoming ever more virtualised and complex. Management of IT operational risk has become a revenue-affecting issue.

Foundation enables the enterprise to understand and manage this risk. Automated discovery of the IT environment, coupled with data quality and confidence measures, make it possible to see where gaps in IT knowledge exist. IT standards and policies can be defined and enforced through daily reports on exceptions and exposure to risks. Foundation's understanding of commercial and in-house software versions allows end-of-life and unpatched software to be weeded out of the environment. Foundation can also ensure that the environment has complete and up-to-date documentation for any node.

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Creating cost transparency

In order for IT to build an effective partnership with the business in an environment of shrinking IT spend, it is essential to be able to articulate the costs of IT delivery to any business unit. Only in this way can the business make the appropriate prioritisation to allow IT to deliver on-time and on-budget.

Foundation can help an IT organisation understand the costs of IT delivery by modelling the business applications used by each business unit, and providing reports that cut across IT cost centres. These show actual assets deployed, the number of changes over time, and the number of non-standard components in support of the application - all significant cost elements. This data can be used as a basis for charge-back to the business, and also to track on-going TCO.

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Reducing business application downtime

Errant manual change accounts for around 40% of application downtime . This is often a direct result of the inability of the IT organisation to predict the impact and risk of change in the planning phase. In addition, when incidents do occur in the environment, simply tracing the root cause can take 80% of total time to fix (according to Gartner research), and fixes are often applied in an ad-hoc fashion.

Foundation's dependency mapping capability allows change to be planned with a precise understanding of the technology and business impact of any change. As owners of affected applications and infrastructure elements are also known, the change can be approved by a tightly defined group, reducing process overhead.

Should an incident occur, the dependency map allows for rapid navigation to the root cause - this may be either spatially (to another infrastructure item), or temporally (to change made at a point in time). Fixes can also be prioritised based upon the criticality of the business process impacted.

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If you would like to contact a member of our consultancy team today please either telephone or email;

Tel: +44 (0) 1622 618 752
Email: consult@bii-compliance.com

 

 

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"It should cut by six-sevenths the costs of maintaining the bank's configuration management information"

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Physical Specifications

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Form Factor
2U rack-Mount chassis for EIA standard 310-D racks

Networking
Two (2) 10/100/1000 Ethernet interface cards

Dimensions (HxWxD)
86.4mm x 429.3mm x 607.1mm

Operating Temperature
+10 °C to 35°C

Power Supply
Dual 500 W hot swap power supply

Max AC Voltage
6.7 A at 115 V, 3.3 A at 220 V

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Client Specifications

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