Sunday, 6 October 2013

Entropy, Structure and Critical Complexity





When a system grows and evolves, its complexity increases. Take a look at evolution in our biosphere to realize that this is true. If you want to accomplish more you must become more complex. This means two things: structure and entropy. Structure is what defines functionality, entropy is what allows a system to react in a creative and novel way to a changing and possibly harsh environment. In biology this is adaptation. When you get too much of either structure or entropy you’re in trouble - you reach to so-called critical complexity and your fragility increases. You become exposed and vulnerable. Your ability to absorb more uncertainty (and still function) diminishes, just as your capacity to face extreme events.

Images from Purestform.


www.ontonix.com



Saturday, 5 October 2013

Monitoring Bank Process Complexity. In Real-Time



Check out this video on how to monitor bank process complexity using the DDD DataPicker and OntoNet.


www.ontonix.com



Sunday, 29 September 2013

Crisis Anticipation



Complexity technology establishes a radically innovative means of anticipating crises. Systems under severe stress or on a path to collapse undergo either rapid complexity fluctuations or exhibit a consistent growth of complexity. If complexity is not measured, these precious  crisis precursors will go unnoticed. Conventional methods are unable to identify such precursors.

How does complexity-based crisis anticipation work? You simply measure and track business complexity (yours or of your clients), and look out for any sudden changes or even slow but consistent drifts. This technique provides the basis for a rational and holistic crisis-anticipation system for decision-makers, investors, managers, and policy-makers. Essentially, the system buys you time, the most precious resource you have.

Our complexity-based crisis anticipation functions in real-time and may be applied to:
  • Corporations
  • Banks (in this case we indicate clients who may be defaulting)
  • Asset portfolios
  • Customer-retention
  • Process plants
  • Traffic systems
  • IT systems

Be warned of problems before it is too late.

Read article.


Contact us at info@ontonix.com for more information.


www.ontonix.com


 

Saturday, 28 September 2013

Measuring Processes in Banks Using the DDD DataPicker and OntoNet


Ontonix and PRB have integrated OntoNet™, the World's first real-time Quantitative Complexity Management engine into PRB's DDD DataPicker™ system. The DDD DataPicker™ system is an advanced and configurable platform for document, process and workflow management which is used mainly in banks to monitor a multitude of processes. Integration of OntoNet™ with the DDD system allows its users to measure in real-time the complexity of various processes and to quickly identify those that are excessively complex thereby reducing process efficiency. Moreover, the system allows users to identify which phases of a particular process are responsible for high complexity, indicating quickly where to intervene.

The following slide illustrates the dashboard showing the process of "Credit Management" and its various phases. Without going into the details, the various dials on the dashboard indicate process simplicity (the complement to complexity) from a process management standpoint (0%- low simplicity = hard to manage, 100% - high simplicity = easy to manage). The color of the dials, on the other hand, indicates process robustness (green = robust, red = fragile).



Clicking on any of the above dials opens a window which illustrates the highest (3) contributors to the complexity of a particular phase of a give process, and produces the so-called Complexity Profile (i.e. breakdown into components).



Finally, each curve may be navigated interactively, enabling users to identify quickly periods of high complexity and/or low process robustness and to identify the causes.


The objective, of course, is to make processes more robust 8stable and repeatable) as well as more efficient. The final goal is to cut costs without sacrificing efficiency and customer satisfaction. More soon.



www.ontonix.com.



Crowdrating Systems of Banks Using Stockmarkets

Crowdrating Systems of Banks Using Stockmarkets: Assetdyne , the London-based company which has introduced for the first time the concepts of complexity and resilience to stock and stoc...

Crowdrating Systems of Banks Using Stockmarkets


Assetdyne, the London-based company which has introduced for the first time the concepts of complexity and resilience to stock and stock portfolio analysis and design, has analyzed recently systems of banks, namely those of Brazil, Singapore, Israel, as well top European banks. The way this is done is to assemble portfolios of the said banks and to treat them as system (which, in reality, they are!). The results are provided with comments.

Brazil



Singapore



Australia



Israel


 European banks


Similar analysis may be run free of charge at Assetdyne's website. As the analyses are performed on daily Close value of the corresponding stocks, the above indicated values of complexity and resilience may also change on a daily basis.


www.assetdyne.com



Monday, 23 September 2013

Ontonix S.r.l.: Is Risk Management a Source of Risk

Ontonix S.r.l.: Is Risk Management a Source of Risk: The deployment of risk management within a business can be a source of false assurance. Over recent years, businesses have becom...