SOLUTION ASSESSMENT: DESIGNING A SOLUTION ......A Solution Assessment identifies how RMS models,...

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SOLUTION ASSESSMENT: DESIGNING A SOLUTION THAT SUPPORTS STRATEGIC GOALS

Transcript of SOLUTION ASSESSMENT: DESIGNING A SOLUTION ......A Solution Assessment identifies how RMS models,...

Page 1: SOLUTION ASSESSMENT: DESIGNING A SOLUTION ......A Solution Assessment identifies how RMS models, software, data andservices are combined in a target solution. The engagement provides

1Copyright © 2019 Risk Management Solutions, Inc. All Rights Reserved. January 11, 2020

SOLUTION ASSESSMENT:

DESIGNING A SOLUTION THAT SUPPORTS STRATEGIC GOALS

Page 2: SOLUTION ASSESSMENT: DESIGNING A SOLUTION ......A Solution Assessment identifies how RMS models, software, data andservices are combined in a target solution. The engagement provides

2Copyright © 2019 Risk Management Solutions, Inc. All Rights Reserved. January 11, 2020

Change within an organization can be dauntingand identifying what changes make the most impact can be difficult.

A Solution Assessment identifies how RMS models, software, data and services are combined in a target solution. The engagementprovides an implementation plan, the benefits and costs of transformation.

The Solution Assessment isdesigned to reduce risk and increase implementation success.

Page 3: SOLUTION ASSESSMENT: DESIGNING A SOLUTION ......A Solution Assessment identifies how RMS models, software, data andservices are combined in a target solution. The engagement provides

3Copyright © 2019 Risk Management Solutions, Inc. All Rights Reserved. January 11, 2020

FUNDAMENTAL QUESTIONS PRIOR TO EMBARKING ON LARGE-SCALE PROJECTS…• What is the best solution to address our

current and future business challenges?

• How does this change align with strategic priorities and enable our organization to hit our goals?

• Does the new solution meet all our business and technical requirements?

• What technology and integration changes must be made to implement the new solution?

• How will this impact our workflows?

• How should we approach the implementation plan?

• What are the costs and benefits?

…answered by a Solution Assessment from RMS Consulting

Page 4: SOLUTION ASSESSMENT: DESIGNING A SOLUTION ......A Solution Assessment identifies how RMS models, software, data andservices are combined in a target solution. The engagement provides

4Copyright © 2019 Risk Management Solutions, Inc. All Rights Reserved. January 11, 2020

ACTIVITIES TO ANSWER KEY QUESTIONS

Technical workshops and hands-on access to software

Conduct IT / compliance due diligence

Review commercials & contracts

Determine infrastructure sizing & costs

Identify any critical gaps

Assessment activities involve key stakeholders and are structured to make the best use of their time.

Strategy review

Page 5: SOLUTION ASSESSMENT: DESIGNING A SOLUTION ......A Solution Assessment identifies how RMS models, software, data andservices are combined in a target solution. The engagement provides

5Copyright © 2019 Risk Management Solutions, Inc. All Rights Reserved. January 11, 2020

DELIVERABLES TO FORMULATE THE PLAN

High-level solution architecture

Implementation plan

Business case

System integration inventory

Clients can assess the value of RMS capabilities relating to key use cases, and the resulting business case will highlight the value drivers as they relate to a client's organizational goals.

Page 6: SOLUTION ASSESSMENT: DESIGNING A SOLUTION ......A Solution Assessment identifies how RMS models, software, data andservices are combined in a target solution. The engagement provides

6Copyright © 2019 Risk Management Solutions, Inc. All Rights Reserved. January 11, 2020

SOLUTIONASSESSMENT

Further information:[email protected]

RMS is the world’s leading catastrophe risk modeling company. From earthquakes, hurricanes, and flood to terrorism, agriculture, and infectious diseases, RMS helps financial institutions and public agencies understand, quantify, and manage risk.

©2020 Risk Management Solutions, Inc. RMS is a registered trademark and the RMS logo is a trademark of Risk Management Solutions, Inc. All other trademarks are property of their respective owners.