Category Archives: Expense Transaction Capability

Big Data – Financial and Operational Type

Types of Big Data

Why Big Data isn’t about financial and operational data?

  • The blog intends to identify the different types of big data
  • In the post we advise the separation of concerns with regard to financial and operational data.
  • The material provides templates from the NIST work group for reference architecture although the templates changed after I prepared these.

Five Capability Model

Understand the value and purpose of the five capability model.  A way to segment and separate concerns moving what MUST be governed and segregation of duties applied with record retention and zero data loss.
Yes, the five capabilities has synthesized the corporate policies, the Board priorities, the legal and legislative landscape in addition to the United Nations requirements.

Financial, Reputation, and Regulatory Threats and Weakness


Horizontal Flow

The type used to run the business during transactional events used to report revenue or on expenses.  In the public sector we refer to this type of data as cost and benefits.

  • Record Retention, zero data loss and zero down time are all applicable for the operational scope.
  • The best approach for any organization or agency is to separate concerns and DO NOT mix your operational parts of the business with your fit for purpose or analytic decision support systems.
    • Choose to mix the two and you have a higher cost on every project.
    • You must govern all and assume every release has a potential to influence your key controls.
  • Segmenting the operational scope enables speed and agility and a smaller set of applications to invest in P1 support systems.
    • Governance around the key control systems has supporting corporate policies and buy-in has greater probability.
7 year retention is an average for all financial records-assume zero data loss and zero downtime

Financial Transactions by stakeholder dependency across the life of the activities.  Each output becomes the input to the next process stakeholder with a record as an output.  The record retention requirements for financial transactions typically is 7 years or more.

Transaction Capabilities – International and Generic

Today, we are trying very hard to not include these points to avoid this issue with compliance or another which sends up read flags with security.

What’s my cure for these types dilemma’s?  I eliminate or move the threats vectors to their rightful home.  Big Data isn’t the system of record for financial management capabilities, nor the home for the party or offer management capabilities.  For the same reason, a single copy of the expense and revenue transaction capability results are protected within a data store.

How does the suggestion help solve the problems with security, governance and compliance?  The 5 capabilities are operational and the foundation of any companies business management system.  The scope for Sarbanes Oxley and all regulatory reporting.   Record retention requirements with zero data loss and zero down time are all part of the scope.

IF we scale the operational and financial information back to their system of record, integrity of the financial records and retention is not going to hinder the objectives of a big data solution.  The technology and requirements are only a problem in regard to the financial and operational processing moving to a big data store.

A great example being records management outside the technology designed to retain records for an organization or agency.  The management of data derived from a record is not going to attain the right retention treatment when converted back to a data expert in a data store.

Requirements Capability Template

Gary Mazzaferro supplied this template to the Reference Architecture team in NIST Big Data Work Groups in the first phase of NIST development on the subject.  

Private Sector

A horizontal segmentation of inbound from source using 1 of 3 types of feeds over a network connection an API requires an ACL or similar connection.

The segmentation within the data mart section allows each functional group to own their connections and sharing with external parties based on the containment of the authorized users within the data mart for each function.  Rather than rely on offline tickets which are merely rubber stamps without the integrity of the segregation of duties requirement and intent continues to be lost in the translation between IT and Business.

Three types of inbound feeds ensures the proper management of data sources, encryption specifically

In the private sector we have an option to include the 2nd horizontal data as segmented by types and use in most organizations across the world.  Most businesses are not integrating their voice, video, and data and when they are we can assume streaming (real time) feeds or unstructured in column 1 or column 3.

Column 2 Operational (see above)

Column 4 Fit for purpose anything goes information we all know and most peoples desires are in their data marts.


The requirements we hear about are best segmented by the groupings identified as the grouping will manage access and allow containment when sharing beyond the organization in a shared cloud scenario.  Marketing allows other marketing stakeholders to access their information.

Business Function – Roles based access

We want to avoid situations where marketing grants access to operations data without operations having anything to do with the decision.


Public Sector

Vertical Processing

The concept in the vertical or horizontal flows are through an online protection framework.  The framework segments the grouping of people to ensure in and out of the big data store anyone operating a big data store solution has the ethical and socially responsible indicator in all service capabilities.


Real World versus Fit for Purpose

Measuring “Real World” for fact based Decision Making

The real world assumes fact based sources and actual dimensions for example zip codes are fact based and actual dimensions are related to the zip code.

If we acquire information from the Census Buruea we have acquired “facts”.  If we acquire information from a report, we are acquiring a sponsored report which will reflect the views of the person sponsoring the report.  Certainly some reports are derived by people who intend to acquire facts, although the scope and facts are limited to the views and understanding of the people performing the work.

Fit for Purpose

The report sponsored by anyone whether private or public sector and regardless of the people performing the work, the results must be assumed as “Fit for Purpose”.  The world has taken on this assumption about the viability of a any successful company as an example; people believe the company requires fit for purpose above the Real World in all scenarios.

However, we know that most companies are in silo’s and this introduces significant waste in an organization.  Therefore, fit for purpose is not the best approach it is an acceptable approach if the business and management systems are tightly integrated away from fit for purpose layer.


These two terms were introduced to me by an expert blogger Jim Harris via a Radio Show he hosted with a guest speaker who framed the conversation in the same way with different examples.

External Auditors – Annual Financial or Bi-annual Re-certifications

Let’s consider the external stakeholders, shareholders, investors and regulatory requirements for any company would need to be working by Real World definitions.  We might have very strategic ways of supplying both with little disruption in most cases.

Systems Approach To Management

The approach would restore systems with leverage points and feedback looks at the places where both suppliers and customers interact with an organization and employees in ways that could be determined by each company, knowing these are vital to the companies quality management systems.

Using a system simulation tool

Enabling discreet monitoring and fact based decision making using the highway analogy.


Assume that Wisdom as a Service offers the client just what I am describing beginning with a baseline assessment of the organization as it today and what we measure as a standard.  The standard is the basis for Real World when applied to your organization.


Wisdom as a Service

Wicked Design Solutions

Lisa Martinez 408.638.9016

Generic – Online Protection Framework


Belonging to a certain general class  (genus). Also, an item not marketed with a brand  name, trademark,  or other distinguishing feature  that separates it from other similar items.

Read more:



Generic Stock and Flow Model
Generic Stock and Flow Model

Insight Maker “Templates”

“A generic vector”

A common measurement which would be true for any population.  A group of people in a GIS code infers a true measure for people all over the world.   A vector would be set and true for all variables when applied in a model.  The population volume remains x when a modeler applies “A Variable” to the population.  A modeler doesn’t not want to add the population as a variable otherwise the model simulation will work as effectively.

“Any Vertical”

A model which can be used by any vertical market.  Notice the segmentation of a population grouping children by milestones.  Different variables apply to each of these populations.   The child populations are shown with a parent authorization true for each person in the segment.  The concept applies a filter type concept which requires a parent to have visibility and apply an authorization to use any online service.

Any vertical market
Any vertical market

“A Healthcare” model

A model which would be applicable to the healthcare industry variables.

Healthcare Industry
Healthcare Industry

“An Education” model

A set of variables “true” in the education vertical.

Educational Vertical
Educational Vertical

“A Media and Entertainment” model

A media and entertainment model applied to the education model.

Media and Entertainment
Media and Entertainment

Online Protection Framework

The above definition must be assumed for any online protection framework.  Online protection for children or victims of violence have a reasonable expectation of privacy and advertising in no way justifies any reasonable expectation other than these populations have additional safeguards and greater risk of harm to physical safety.

A per cloud

An open standard solution currently being developed as a viable option for parental authorization and a reasonable expectation of privacy.

Online Protection Framework - percloud

“a 3rd Party and Platform Provider”

The following diagram infers the way information would ideally remain unique to 3rd party applications and Platform Providers when a per cloud user acquires an application from the Play Store or iTunes.

The change required for 3rd party applications and Service Providers would be to refrain from all restricted data types and only acquire “Selected Visible”.  The change supports the many laws in place which protect people from others collecting or reselling for any reason.

A Platform Provider and 3rd Party Provider consumes only non-restricted information from a per-cloud user

Mobility services need to be revisited and controls put in place at the release of applications into the mainstream through these two stores primarily.  An assumption is made that Google and Apple are managing their stores with integrity.  Therefore, understanding and changing the way these applications can damage an asset or use up the data minutes inadvertantly for users.  Well this is a responsibility for these two providers who host the stores where people acquire these applications.

Expense or Cost Transaction Capability

Universal expense or cost transaction capability

Understanding the general systems theory and application of the generic process framework which is a sub-system and constraint for all systems.   

Step 1 Business Process 1 – Design the Strategy and Vision for an offer.

The management decision making process which must occur and iterates each year or in investment firms in the financial market would be the only example where this process may occur more often.  This is true for the fact that all planning follows one of three paths.

  • Portfolio sub account 30
  • Program sub account 20
  • Project sub account 10

In today’s world we believe we are running with these basic concepts in our tools and process.  In our process and our people practice or seek the ability to either run the business in operations of the enterprise.  Change the business in continous improvement of the business operations of the enterprise.   When we innovate we are transforming a market and therefore need to remain in the Portfolio layer of the enterprise.

We must assume the fact that a project manager is not going to qualify as a program manager, to manage the program with more than 1 project a person must invest in thier professional development through the enterprise employee development process or as a personal investment.   In order to move into the portfolio part of a business we must invest in program level or advanced certification and then work towards an expert certification as a portfolio manager.   In any enterprise the rule can apply to all resource in the Enterprise.

A portfolio must be managed by the Expert in a market offer lets apply the concept of education as the portfolio and we can assume this has a relationship with children who receive education, parents who make decisions and are the primary customer in the education industry, teachers who provide a service and the federal government supplies the majority of the funds to a delivery system which includes the state departments, county offices, local districts and schools.

The point of interest being the students are not the primary decision maker the parent is the customer in education.  We learn from the moment we can feel and hear in our mothers womb, but we start the social system at birth.  We know we have Federal Sponsors of the majority of our education dollars  What if our deficit problem was a direct result of not educating people and not understanding the relationships in a system.

We learn in both public and private life, our economic life determines the quality and whether we can apply the learning more broadly to improve our social and family life or protect our health and physical safety by increasing our economic life opportunities.

acquire approval for operational, continuous improvement or change cost for all branches in government and all organizations or agencies. 

Step 2 – begin cost estimates

Benefits framework for all cost intended to benefit citizens
Step 1 – Identify the benefits audience for operational cost for all branches
to the citizen or consumer

Step 2 – identify the benefits audience and method of delivery for all future branch cost