International Business Machines Corporation

Yonit Magid

Tali Yatzkar-Haham

Guy Sharon

David Botzer

Ziva Sommer

Sarit Arcushin

Dale Arthur Bell

Ayelet Biger

Millicent Kay Ceron-Hayes

John Mark Langford

Tal Yatzkar-Haham

A method of providing True Continuous Control Monitoring (CCM) of business processes for audit purposes is provided herein. The method includes the following steps: consolidating data from multiple sources, in case the transactional data is located in more than one source, to a single self contained and comprehensive source; identifying, in the single data source, data elements that are required for detection and reporting for each audit rule; translating and streaming, in case required, the transactions data into events, so that every change in a transaction is immediately reflected and identifiable; eliminating duplicate events for the same single transaction; applying the event processing engine to the events, based on event audit patterns derived from audit rules, possibly entered by non-programmers; and generating alert data in audit-style notation, to be reported back to the system, based on alert notifications derived from the event processing engine.

Implementing continuous control monitoring for audit purposes using a complex event processing environment

A method, device and computer program product that monitor situations. The method includes: processing information indicative of an occurrence of events to detect, in response to a current rule set, an occurrence of at least one situation that belongs to a situation set; wherein at least one rule sub-set out of the rule set defines at least one relationship between events that should occur within a lifespan; receiving a request to update a first rule; updating the first rule to provide a first updated rule while continuing to detect an occurrence of situations not affected by the update of the first rule.

Device, method and computer program product for situation monitoring

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Haifa, Israel

Yonit Magid