O2’s Financial Data Hub: going beyond IFRS compliance to support digital transformation

O2’s Financial Data Hub: going beyond IFRS compliance to support digital transformation

Thursday, April 19
11:50 AM - 12:30 PM
Room V

In order to support the new IRFS 15 global accounting standards, O2 UK needed a new reliable, robust solution that could also be used to trigger a new wave of transformational activities. The main idea was to ensure that the basics were met by building a centralized, highly reconciled financial data hub that in time could be used to support all financial and additional business reporting.

Requirements from business stakeholders were well defined where the data was to be refreshed daily with yesterday’s data being available by 9 a.m. the following day. Full data lineage must be known and reference data and business rules needed to be automated.

O2 working with its service integrator, Accenture, brought together a team to design and develop a new big data architecture. The overall solution was based on a hybrid architecture, where Big Data Open Source technologies were brought together with Ab Initio to meet the overall requirements.

The Financial Data Hub went live in August 2017 and has ensured that O2 meets its compliance obligations as well as having a hybrid big data architecture built for the future.

Presentation Video

SPEAKERS

Jonathan Ratcliff
Managing Enterprise Architect
Telefonica UK
Jon Ratcliff is currently a Managing Enterprise Architect within O2. His key responsibilities are across the Digital domain where he manages a team of 5 Enterprise Architects as well as leading the overall architecture strategy for Business Intelligence and Data. Jon joined O2 in 2015 after he worked at EE and Orange where he held several roles in the Business Intelligence area. Jon is both a Chartered Engineer and a Chartered Manager and holds an MSc in Advanced Digital Systems and BEng(Hons) in Electrical and Electronic Engineering.
Kieran Miller
Applied Intelligence - Digital Business Integration Senior Manager
Accenture
Kieran Miller delivered with O2 the Financial Data Hub acting as the Accenture Programme Manager from Concept to Run & Operate. Kieran has 10 years of Analytics experience within Accenture working across multiple Comms and Media clients. His background is within Architecture and Design before moving into E2E complex delivery.