Glossary
analytical systems The technology used for business intelligence and decision support. Analytical systems allow companies to access and present information to help them make better decisions for operational as well as strategic execution.
B2B Business to business.
B2C Business to consumer.
Basel II A set of regulations that aims to improve the consistency of international capital regulations, make regulatory capital more risk-sensitive and forward-looking, and promote enhanced risk-management practices. Basel II encourages financial institutions to identify risks they may face to develop improved methods of managing those risks.
business experts Individuals that understand the business processes, decisions, and rules that dictate the way their functional areas operate. Business experts play a pivotal role by using their expertise to help the data governance committee craft the appropriate data definitions and rules. They ensure that the data models, the data rules, and the data usage are fit-for-purpose for the needs of their line of business.
business intelligence Skills and technologies used to help organizations make better decisions by better understanding their business, their market, and their customers.
business process The defined method for a range of activities that organizations perform. A business process can include anything from the steps needed to make a product to how a supply is ordered or how an invoice is created.
business rules The defined operations ...
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