Analytic Engine
The Lavastorm Analytic Engine is the heart and soul of the Lavastorm Analytic Platform and the cornerstone of how we build and deploy audits and controls. It is an interactive studio for capturing, validating, executing and analyzing complex business rules in order to:
- Acquire and read any data from any source: we are able to acquire and read the data through both type-specific readers and the Lavastorm Data Reader (LDR). The LDR is a universal data reader that uses a single metadata management engine. These combination capabilities produces market-leading performance and flexibility, giving our customers significant economic and speed advantages.
- Capture, validate, codify, and analyze existing business rules and conditional logic that governs order-to-cash: the Analytic Engine enables you to graphically capture and model complex rules as a sequence of atomic operations, called nodes, and apply them rapidly, incrementally, and interactively to multiple data sources. This drives a high level of collaboration among business functions, as they can see how each rule affects the data flowing from one function to the other, and enables a rigorous investigation of whether the rules - and the systems themselves - are operating as designed.
- Apply and capitalize on re-usable analytic algorithms to simplify and improve complex analytic functions: The Analytic Engine pre-packages a set of analytic algorithms to give users a rich set of standard and unique analytic functions. Once users have developed analytic functions that reflect their data, their logic, and their analytic steps, they can capture and re-use those assets among teams and across functions to drive efficiencies, transition the firm’s IP from tacit knowledge to software, and drive a constant “best practice” analytic capability.
- Work from a fully transparent, logical and visual palette: The Analytic Engine moves beyond the complexity and opaqueness of traditional queries and analytic steps by enabling a fully transparent, iterative analytic process. This enables users to fully inspect the data and logic at the atomic level, and test and debug the analytic process as it is built and executed.