data integration

Seamless Integration to Downstream Systems with ZEMA

4 minutes, 17 seconds Read

Information systems are the backbone of business processes where access to information enhances business decisions. When developing or acquiring a new system, simple and seamless integration with existing or future systems is crucial. Data provided through various systems or solutions typically requires multiple integration points using different methods or technologies to extract and standardize data into downstream systems.

Most data is replicated across a number of systems, which have different capabilities and requirements for consuming information. Customer Relationship Management (CRM), Energy Trading and Risk Management (ETRM), and Business Intelligence (BI) systems require participants to merge data from a variety of sources. Some organizations work to harness various data systems through in-house modelling processes; however, most traditional modelling approaches don’t address such rigid requirements and capabilities.

Most traditional systems were never intended to provide a unified view of data held across a business. According to a recent survey by Cloud Security International, 56 percent of respondents stated that their critical business assets can’t easily be found when associated data spans more than one database or system. Attempting to locate data on external systems when required is a costly and time intensive procedure. Moreover, these systems take a long time to merge and integrate.

An integrated approach to data management is emerging as a clear path to gaining the upper hand. Companies simply can’t get the best value from their data without an integrated system that can handle the volume, variety, and velocity of data, and share it throughout the organization. Even so, research shows that only 53 percent of companies in the financial sector have integrated information systems (IBM); and only 34 percent of companies are likely to integrate data systems into a coherent environment to support decisions (ThomasNet )- which makes integration a clear way to jump ahead of the competition.

ZEMA’s Integration Solution

ZEMA is a robust information consolidation system that can replace multiple inefficient data systems and internal ad hoc collection processes to provide a single and fully automated repository for all of your data needs. ZEMA’s data management feature ensures that all market and internally generated information is centralized in a single database and accessible in a predictable, controlled, and secured manner.

ZEMA simplifies access to information by automating the capture, storage, centralization, integration, querying, analysis, and distribution of data obtained from third party subscriptions, public industry sources or electronic corporate files and databases.

ZEMA’s integration capabilities enhance client CRM, ETRM, and BI systems by optimizing the efficiency and effectiveness of corporate operations, including marketing and IT management functions. ZEMA provides a wide range of integration options so that corporations can use technologies that best suit their unique organizational needs, regardless of the rigidity of their application requirements.

Furthermore, ZEMA gives users access to information through the main ZEMA database, web services, and push-based mechanisms, letting users choose the best way to access data. ZEMA defines data for various systems. Web services allow for data extraction in flexible formats and CSV and XLS files widely support ZEMA’s export profiles.

ZEMA possesses a series of individually licensable tools that enable technical teams to easily integrate their organization’s internal databases and custom-built applications with the architecture of ZEMA. ZEMA’s rich web service layer allows developers programmatic access to import market and corporate data in standard and easily consumable formats such as XML, HTML, CSV, and image files using web or SOAP-based requests.

ZEMA acts like an operational decision support system, feeding other operational, settlement, accounting, analytical, trade and risk management systems. This is of critical importance, particularly when providing data for complex ETRM and analytical applications.

To learn more about how our award winning data management software solution for energy, commodity, and financial markets can meet your data management and integration needs, watch our video, or contact us for a live demonstration tailored for your company.

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