Why Choral?

Our goal is to help you create information advantage.

Quickly create business value utilizing your existing information assets.

Organize your information to solve complex business problems.

Tell your enterprise story with deep, interactive data, instead of static documents.

Build a learning organization with a common mental model of your enterprise.

What is Choral?

Choral is a data platform for problem solvers – from executives to analysts.

Its user experience is distinctive: simple, intuitive, more like an interactive book than a business intelligence application. Interactive stories embed deep data and analytics to enable users to learn faster and solve problems.

Choral’s assembly method is also unique. Microsoft Excel is the canvas to quickly ingest data and configure solutions. A library of sample use cases and domains provide detailed solution examples along with all the data and configuration components needed to quickly adapt these solutions to your enterprise.

Solutions are extensible as any number of domains may be added while preserving a consistent way to explore, analyze and collaborate with information.

Choral fuels your team’s ability to create business value and competitive advantage with information.

Four guiding principles steer the design of our platform, methods and solutions.

Create value
Understand value drivers and configure use cases and domains to enable teams to impact these factors.
Unify
Build one solution with information from all relevant data domains.
Create a common mental model of the enterprise with measures, dimensions and frameworks.
Configure solutions to facilitate a learning organization.
Simplify
Build analytic solutions using a top-down structure, going from simple to complex.
Utilize your existing data and enhance solutions as available data evolves.
Create a simple, intuitive user experience.
Accelerate
Enable your team to build solutions quickly and efficiently using accelerators, including: methods, authoring tools, data sets and microservices.

Our approach

1. We disaggregate information into a set of domains.

2. Each domain is assembled with elements which are standardized data and software components.

3. We solve use cases by combining information & analytics from across domains.

4. We ingest and organize structured and unstructured data from multiple sources.

5. Standard methods & tools facilitate rapid implementation.

We combine structured thinking and communication with data and analytics

Information is organized in pyramid structures.

We start with a governing thought, disaggregate it into supporting ideas and provide drilldown details as needed.

Domains

Our solution includes a library of domains. Each domain includes sample data sets and configuration files. A team can quickly adapt a sample domain to meet enterprise-specific needs.

Financials

Income statement . Balance sheet . Growth . Profitability

Risk

Top-line risks . Emerging risks . Key risk indicators . Tolerances

Economy

Population . GDP . Interest rates . Employment . Housing

Competitors

Profile . Financials . Capabilities

Customers

Count . Growth . Net promoter score

Sales

Unit sales . Sales $

Brands

Marketing spend . Share of media / voice . Social media

Products

Catalog . Profile . Accounts . Balances . Spreads

Channels

Count . Costs . Transactions . Efficiency

Organization

Structure . Headcount . Costs . Skills

Technology

Applications . Data . Infrastructure . Finance

Cybersecurity

Threats . Defensive capabilities . Operations

Processes

Catalog . Profile . Headcount . Costs . Performance

Suppliers

Catalog . Profile . Spend . Contracts . Performance

Facilities

Catalog . Profile . Costs . Area . Occupants

Operations

Cross-domain operational measures

Initiatives

Count . Profile . Investments . Benefits . Execution

M&A

Market information . Strategy . Projects

Audit

Exams . Ratings . Reports . Issues

Regulatory

Regulators . Regulations . Exams . Ratings

Fraud

Compromised cards . Fraud events . Fraud losses

AML

Know your customer . Transaction monitoring

Objectives

Measures . Targets . Performance

Other

...

Use cases
Use cases combine information and analytics from multiple domains to solve a problem. A library of use case is available and additional use cases may be configured. Examples include:
Productivity
Systematically improve enterprise productivity with actionable insights on financial performance, revenue and expense drivers.
IT transformation
Transform IT to improve speed, agility, efficiency, delivery, operational excellence and innovation.
Digital transformation
Transform the enterprise to successfully compete in a digital economy.
Cybersecurity
Steward enterprise cybersecurity risks.
Customer experience
Deliver a superior customer experience using information and analytics.
Operational excellence
Deliver operational excellence, the foundation of customer experience, efficiency and risk management.
Risk management
Proactively manage enterprise risks with information and analytics.
Bank productivity use case

In order to systematically improve enterprise productivity, leaders need a detailed understanding of financial performance combined with revenue and expense drivers.

The data implications are significant since this information typically resides in multiple, independent systems.

Choral enables you to organize information from disparate sources into a cohesive view of financial performance and factors impacting productivity. The goal is to empower leaders with actionable insights to drive continuous improvement

Profit centers
Income statement
Growth & profitability
Balance sheet
Revenue drivers
Brand
Customers
Net promoter score
Accounts
Sales
Spreads
AUA & AUM
Channels
Economy
Currencies
Financial markets
Competitors
Cost centers
Non-interest expense
Cross-charges
Expense drivers
Organization
Suppliers
Technology
Facilities
Initiatives
Business processes
Elements
Each domain is assembled with elements which consist of standard, re-usable software and data components.
Standardization facilitates analytics and simplifies the user experience.

Views
Views are containers for all types of information: structured and unstructured. Structured information may be displayed using charts and graphs while unstructured information may be displayed in a document or media reader.
Measures
Measures quantify the size, amount or degree of something using standard units.
Dimensions
Dimensions describe the attributes of: measures, items, transactions & events.
Catalogs
Catalogs are lists of people, things or abstract concepts.
Transactions
Transactions and events describe something that happens at a point in time.
Relationships
Relationships exist between elements. For example: catalog to dimension; transaction to catalog; transaction to dimension.
Unstructured data
Unstructured data includes: documents, photos, videos, diagrams and audio files.
Navigation data
Navigation data describes paths to reach items in the data grid.
Glossary
A glossary includes definition of terms from across all domains.
Solution library
The solution library embeds expert knowledge and consists of sample use cases and domains along with software and data components, methods and tools for rapid solution assembly.
The solution library is a distinctive feature which gives your team speed and agility in solution development.

Solution library

Use cases

Use cases combine information and analysis from multiple domains to solve a problem. Examples:

Productivity . IT transformation . Digital transformation . Cybersecurity . Customer experience . Operational Excellence and Risk management

Domains

Domains contain information and analysis related to an area of expertise.

Objectives
Financials
Risk
Economy
Competitors
Customers
Brands
Products
Channels
Sales
Organization
Processes
Technology
Cybersecurity
Financial crimes
Suppliers
Facilities
Operations
Initiatives
Audit & regulatory
M&A
Locations

Elements

Elements are standard data structures used to assemble domains.

Views
Measures
Dimensions
Catalogs
Transactions
Relationships
Unstructured data
Navigation data
Glossary

Data sources

Structure, unstructure, internal, external data sources.

Internal systems
External systems
Excel files
Documents
Diagrams
Photos
Videos
Audio files
HTML files
Expanding solution capabilities
Choral solutions are extensible. Solution capabilities are improved with each iteration as domains, use cases and data sets are enhanced.
The standard data model, implementation method and software components result in solutions characterized by their unified and seamless user experience.
Enhance collaboration with interactive stories

Magnifying the impact of collaboration with Choral

Today’s collaboration platforms enable video, document and application sharing.

However, for most enterprises, there is no single application that brings together the information to enable an interactive, data-driven analysis of the firm.

Choral enables your team to quickly build a data-driven collaboration solution for your enterprise thereby complementing your existing platform such as Teams, Zoom, or Webex.

Building a base solution is as simple as configuring Excel data files and loading them into Choral. This is key since most enterprises have a large repository of curated Excel workbooks which contain the most critical and timely management information.

A base solution configured using Excel becomes the blueprint for the data teams who then create a data pipeline to automatically ingest data sets using ETL, APIs and adapters.

Write, publish, collaborate

Stories are written and published using Choral’s authoring features.

Interactive stories augment enterprise collaboration and improve team effectiveness.

Here is how it works

Jean-Michel Ares
Founder and CEO
Prior to founding Choral Systems, Jean-Michel was chief technology and operations officer at BMO Financial Group where he held enterprise accountability for technology, data & analytics, cyber security, product operations, corporate real-estate and strategic sourcing. Prior to this, Jean-Michel was global chief information officer at The Coca-Cola Company, global CIO at GE Power Systems and a consultant with McKinsey & Company.

Dick Amin
Founder and CTO
Before co-founding the Choral Systems venture, Dick designed, built and implemented IT solutions for many organizations over the last 30 years. In the past 10 years, Dick worked with The Feld Group Institute and its associates as a consultant to large organizations such as BMO Financial Group, FedEx, Southwest Airlines, United Airlines, JetBlue Airlines, and Macy’s, for whom he developed, built, and implemented strategic IT architectures.

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