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[ RADAR - An IT System Designed for Financial Supervisors ]
[ RADAR - Un Sistema IT Diseñado para Supervisores Financieros ]

2. RADAR fulfills the requirements of both a Supervisory Management System and an Executive Information System. IBM Business Consulting Services and LS&A have a vested interest in making sure that the system responds to all your supervisory needs.

3. RADAR covers the records management requirements for all electronic correspondence between supervisors and companies. This feature minimizes costs, speeds up implementation and reduces the complexity of dealing with multiple environments, both from a user as well as an IT operational perspective.

4. RADAR minimizes the possibility of cost overrun since a major cost factor is the development or procurement of software. With RADAR, this cost is known from the outset thereby eliminating a major variable.

5. The IBM Business Consulting Services /LS&A partnership ensures that the financial regulators will receive not just a system but also the experience and best practices of senior supervisors (through LS&A) and the world-wide experience of a major system designer (through IBM Business Consulting Services ) in the development and implementation of IT products. In any installation, Lawrie Savage & Associates will ensure that your agency's unique supervisory needs are fully accommodated by the system.

6. RADAR fosters collaboration, knowledge building and training by providing easy access to critical information, by allowing people to filter information based on their interest profile and by providing powerful search capabilities.

7. RADAR helps normalize the risk rating process as inspectors can search for similar cases and see how their peers have rated companies in similar situations.

8. RADAR users will be able to benefit from new features and improvements via on-going upgrades of the product. RADAR upgrades will be without charge during the first year of use.

9. IBM Business Consulting Services has the resources to provide substantive product support, should that ever be necessary. In addition to Canadian IBM Business Consulting Services personnel who have developed the product, the firm has a significant presence in most other countries through its international network of offices, all staffed with highly qualified professionals. All users of the system are provided with one year of remote, on-line support from Canada at no charge.

10. IBM Business Consulting Services has participated in the design and updating of the financial filing software for all insurers in the Canadian marketplace, both life and general. The Canadian financial filings have a number of excellent features and variations thereof are being adopted in a number of other countries. We are therefore in a position to provide an end-to-end solution: from the electronic filing software used by insurers, to RADAR, the central system for analysis of the filed financial information, the production of early warning tests and risk ratings and the subsequent capture of inspection results and dissemination of that information throughout the organization.

11. IBM Business Consulting Services will make use of its Rapid Prototyping Approach in your RADAR implementation. This provides you with the power and flexibility to efficiently and effectively respond to new policies and procedures as well as new technologies. Rapid Prototyping allows the user to visualize what the end product will be like, thereby facilitating their understanding of the system to be deployed. Your agency is therefore able to contribute ideas in a timely fashion and have real ownership of the final product.