4.2.4 Results Area Entities

Data Foundation has ability to provide data for analytical applications in finance, risk, and compliance domains. It also has well-designed placeholders to store results data from these applications.

The key features of the design of the Results Area are as follows:
  • Design: The Reporting Area data model is a dimensional data model. This means that it consists primarily of central fact tables (de-normalized), related to multiple dimension tables, also called a Star Schema. Additionally, the dimension tables are shared across the star schemas in the reporting mode, meaning they are Conformed Dimensions.
  • Support for multiple scenarios of analysis: The reporting data model has been designed to support scenario analysis of the sort required by financial institutions that need to measure and report risk and performance under a variety of economic scenarios. The reporting model provides support for this kind of analysis via a Run Dimension – it allows analytical engines to load multiple result sets identified by scenarios.
  • Support for Cross Functional Reporting: The third critical feature of the Reporting area design is the support for cross-functional reporting. Majority of emerging needs relate to the analytical problems at the intersection of the distinct areas of Risk, Performance, Customer Insight, and Compliance. This is addressed amply by the results area of Data Foundation.