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Complexity management: una nuova
           prospettiva

   Anticipare le crisi misurando la complessità e
               semplificando il sistema




 © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
COMPLEXITY MANAGEMENT:
       A TECHNOLOGY FOR THE CHALLENGES OF
                THE 21-st CENTURY




                                                                  ONTONIX




© Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
Disclaimer

The concepts and methods presented in this document are for illustrative purposes only, and are not intended to be exhaustive. Ontonix assumes no liability or responsibility to
any person or company for direct or indirect damages resulting from the use of any information contained herein.


Any reproduction or distribution of this document, in whole or in part, without the prior written consent of Ontonix is prohibited.


Reverse-engineering of the concepts, methods or ideas contained in this document is strictly forbidden. The methods described in the present document are protected by US
patents.


OntoSpace , OntoNet and OntoDyn are trademarks of Ontonix. All other trademarks are the property of their respective owners.


Copyright © 2011, Ontonix S.r.l. All Rights Reserved.




                      © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
Nassim Taleb – Cigno Nero                                  Sulla base del comportamento nel passato di un
                                                           processo derivarne delle indicazioni – stime,
                                                           previsioni – sul suo comportamento nel futuro




MEDIOCRISTAN                                                                                 ESTREMISTAN

«Statistiche» funzionano                                                                     Incertezza, non linearità prevalgono.
Statistiche comprendono sia quelle                                                           Le statistiche non funzionano.
basate su math, sia quelle basate                                                            Il processo non è prevedibile, al
su modelli mentali (logica)                                                                  massimo ci si può organizzare per
Modello = mappa delle relazioni tra                                                          minimizzare effetti negativi e
le variabili che caratterizzano un                                                           massimizzare effetti positivi del «cigno
sistema, di come interagiscono tra                                                           nero»
di loro e di come impattano sul
«risultato» finale atteso.
Gli assunti dei modelli sono il
«fattore chiave», da essi dipende la
bontà del modello




            © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
Nassim Taleb – Cigno Nero                                   Sulla base del comportamento nel passato di un
                                                            processo derivarne delle indicazioni – stime,
                                                            previsioni – sul suo comportamento nel futuro




MEDIOCRISTAN                                                                                  ESTREMISTAN

Il mondo è pieno di casi in cui i                                                             POSSIBILE AVERE SEGNALI
«modelli» hanno fallito:                                                                      DELL’APPROSSIMARSI DELLA
                                                                                              CRISI? OVVERO DI QUANDO I MIEI
Subprime                                                                                      MODELLI NON SONO PIU’
Lemahn brothers                                                                               ADEGUATI?
Immobliaire
…..                                                                                           SI’ , NON IN ASSOLUTO,
                                                                                              LIMITATAMENTE AI DATI
                                                                                              DISPONIBILI (se i dati non
                                                                                              comprendono i parametri che in realtà
                                                                                              sono importanti, ….)




             © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
Sulla base del comportamento nel passato di un processo derivarne delle
  indicazioni – stime, previsioni – sul suo comportamento nel futuro
                                                   MODEL FREE
                                                   Non bisogna continuamente verificare la
ESTREMISTAN                                        correttezza degli assunti sottostanti ANZI mi
                                                   segnala quando smettono di essere validi
POSSIBILE AVERE SEGNALI
DELL’APPROSSIMARSI DELLA                           QUANTITATIVO – BENCHMARK
CRISI? OVVERO DI QUANDO I MIEI                     Misura confrontabile nel tempo e con modelli
MODELLI NON SONO PIU’                              del processo (validazione del modello,
ADEGUATI?
                                                   benchmark anche con dati parziali e
                                                   differenti)

                                                                                               NO STATISTICHE
                                                                                               Non vulnerabile nell’estremistan (prevede i
                                                                                               cigni neri?)


  KEY CONCEPTS:
  Complessità è un attributo misurabile di ogni sistema.
  Un sistema molto complesso non è necessariamente fragile. La fragilità dipende dal rapporto
  tra complessità e complessità massima sostenibile.
  Forti variazioni di complessità e/o l’approssimarsi della complessità al valore massimo (di un
  dato sistema) sono precursori di crisi repentine

                © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
CONTENTS

•    About Ontonix
•    Why Manage Complexity
•    What is Complexity?
•    Beyond the Concept of Risk
•    Our Products - Our Services
•    Applications




          © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
About Ontonix
 



 


 


 


 

 




    © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
Publications




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Our Global Presence

                                                           CPS
                                                           Frankfurt, D


                                                                                                 Ontonix Sp z o.o.
                                          Business Dimensions                                    Warsaw, Poland
Ontonix LLC                               Geneva, CH
Novi, USA
                                                                                                      BLUE Eng.
                                                                                                      Bursa, Turkey                                          Soyotec
                                                VAS                                                                                                          Beijing, PRC
                                                Hinteregg, CH



OntoMed LLC
Ann Arbor, USA                                                                Ontonix S.r.l.
                                                 Saconsulting                                                               FlexSci
                                                                              Como, Italy
                                                 Madrid, Spain                                                              Beijing, PRC




                                                                                                    Ontonix RSA
                                                                                                    Pretoria, RSA
                                                  Ontonix Brasil
                                                  Sao Paulo, Brazil




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References




© Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
Why Complexity Management




© Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
What is Complexity?
        Complexity is a function of structure and uncertainty (entropy). It quantifies the
        degree of sophistication and the “amount of chaos” within a system. It is a
        fundamental property of dynamical systems, just like energy.




      Structure                                                                                                                                     Uncertainty
(Topology of information flow)                                                                                                                (Noise content in information)


                                                                         COMPLEXITY




             © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
Some Properties of Complexity


•  Rapidly rising complexity is observed prior to a crisis or collapse
•  Peak complexity generally corresponds to maximum crisis
   intensity
•  High complexity corresponds to high risk of contagion and
   stress propagation
•  Highly varying complexity points to a situation of low stability
   and high unpredictability.




       © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
Complex or Complicated?


•    A system may be complicated, but have very low complexity.
•    A large number of parts doesn’t generally imply high
     complexity. It does, in general, imply a complicated system.




•    Complexity implies capacity to surprise, to deliver unexpected
     behaviour.
•    In order to measure the amount of complexity it is necessary
     to take uncertainty into account, not just the number of parts.




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Principle of Incompatibility

                              High precision is incompatible with high complexity.
                              L. Zadeh, UCLA




Low complexity                                                                                                                                                      High complexity

System is:                                                                                                                                                          System is:
• Predictable                                                                                                                                                       • Unpredictable

• Easy to understand                                                                                                                                                • Difficult to understand

• Can be described with precision                                                                                                                                   • Cannot be described
                                                                                                                                                                      precisely
• Easy to control
                                                                                                                                                                    • Difficult to control
• Unable to surprise
                                                                                                                                                                    • Can surprise
• Structure dominated
                                                                                                                                                                    • Entropy dominated
• Robust
                                                                                                                                                                    • Vulnerable


                    © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
Representing Structure
                                                                                                 Node




              Link




                   Node

                                                  Link




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Examples of Complexity Maps




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Identifying Structure In Data
                                                Variable 1 Variable 2 Variable 3               Variable 4       Variable 5 Variable 6 Variable 7                Variable 8   ........

                                                                                                                                                    Sample 1
                                                                                                                                                    Sample 2
Variable 1
                                                                                                                                                    Sample 3
                                                                                                                                                    .
                                                                                                                                                    .
                                                                                                                                                    .
                                                                                                                                                    .




                                                                                                                              Steps:
                      Variable 2
Variable 3
                                                                                                                              For all combinations of variables:

                                                                                                                              •    Build (x;y) scatter plot
                                                                                                                              •    Transform plot to 2D image
                                                                                                                              •    Analyze image and measure its
                                                                                                                                    information content and “amount
                                                                                                                                    of structure”
                                                                                                                              •    If image contains structure, create a
                                                                                                                                    link in the map – this corresponds to a
                                                                                                                                    relationship between two variables


                      Variable 5
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From Data to Images and Structure

   y




                                                                                                             Image with little or no structure:
                                                                                                             no information is exchanged
                                                                                                             between x and y.

   y                                            x




                                                                                                             Image with evident structure:
                                                                                                             much information is exchanged
                                                                                                             between x and y.

   y                                            x




                                                                                                             Image with evident structure:
                                                                                                             much information is exchanged
                                                                                                             between x and y.
                                                 x

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Critical Complexity
 




 




 
                                                                                                                             Mode 1                         Mode 2
 



                                                                                                                             Mode 3                        Mode 4




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Complexity and Robustness
 

 
 
 




    Upper complexity bound (critical complexity)



                          Current system complexity




                              Lower complexity bound




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What Happens at Critical Complexity

                                                                                                                           Critical complexity (upper complexity bound)



                                                                                                                       y




                                                                                                                                                                           Entropy dominates –
                                                                                                                                                                           system is “chaotic”
            y             y

                    x

                                                                                                                                                                       x



                                                                                                                      y


                              Current complexity                       x
                                                                                                                                                                           Structure dominates –
                                                                                                                                                                           system is deterministic
                                                                                                     0


The x-y scatter plots shown in this slide represent typical relationships
between pairs of variables in a system which functions in the proximity                                                                                                x
of the lower and upper bounds of complexity.                                                                               Lower complexity bound




          © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
Complexity vs Time
    Step	
  i	
  
                                                                                               In systems which evolve in time, complexity changes,
                                                                                               as well as the corresponding lower and upper bounds.
Step	
  i+1	
  
                                                                                               The same may be said of the Complexity Map, its
                                                                                               structure, density, hubs, etc.

Step	
  i+2	
  
                                                                                               In such cases data is analyzed using a moving-window
                                                                                               approach.




                                                                                                t1       t2              Time
                    Time t1                                                                                                                                   Time t2
                    Complexity = 28.5                                                                                                                         Complexity = 44.8


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Characteristics of a Highly Complex Business or
                     System




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The Two Facets of Fragility




 


 




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A New Approach To Risk



 




 




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Beyond Risk Management




© Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
Complexity of the World’s Economy




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Beyond Risk Management

                                                                Conventional                                          Modern

           Risk management                                      Uncertainty-based                                     Complexity-based
           paradigm

           Rating mechanism                                     Probability of Default (PoD)                          Current State of Health

           Temporal horizon                                     Mid/long term                                         Short term

           Economy                                              Smooth                                                Turbulent, globalized

           Measure of Success                                   Growth                                                Survival

           Approach                                             Fragmented                                            Holistic

           Math techniques                                      Statistical/MCS models                                Model-free



The table presents a comparison between the uncertainty and complexity-based philosophies
behind risk management. The fundamental difference lies in the idea of a rating:

Conventional PoD rating: a Probability of Default within a certain period of time ( i.e. years).

Complexity-based rating: measure of the present state of health, no future projection (e.g. like
doctors). A less complex company is less exposed and can better confront an uncertain market.
          © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
SOFTWARE PRODUCTS




                                             Our Software Products

OntoSpace™
The World’s first complexity management system.
(OntoSpace™ is an interactive tool)




OntoDyn™
A system for measuring the stability of portfolios of
companies and customer retention.
(OntoDyn™ can run as a batch tool)




OntoNet™
An on-line system for on-demand complexity analysis
and self-rating of corporations.
(OntoNet™ is available exclusively for on-line execution)



               © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
SERVICES OFFERING




                                          Our Services Offering


•    Three levels of complexity rating

•    Complexity/vulnerability analysis of companies or products

•    Crisis anticipation

•    Customer retention

•    Merger simulation and analysis




•    All our services produce quantitative results




          © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
SERVICES: RATING



                                   Our Rating Services


           On-line self-rating: an entry
           level solution accessible to
           even small companies.




           Subscription rating: a specific
           solution for publicly-traded
           companies.




           Holistic rating: an advanced
           solution in which a corporation
           is analyzed with its ecosystem.




© Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
SERVICES: CRISIS ANTICIPATION




                      Pre-Alarms and Crisis-Anticipation

  Complexity may be measured and monitored versus time. Sudden fluctuations of complexity point to instabilities,
  traumas or imminent crises. The magnitude of the trauma may be quantified by the difference in complexity
  before and after the event. Based on similar information it is possible to identify thresholds of complexity beyond
  which one may expect a crisis and therefore take measures in order to mitigate its effects.




System with mildly increasing                   Highly unstable system – the                        System with step-wise                                 Collapsing system. Loss of
complexity (middle orange                       case is relative to a hospital                      increases complexity. This                            complexity is equivalent to
curve is complexity, the other                  patient in an ICU. Each                             case corresponds to the US                            loss of functionality. When
curves correspond to lower                      complexity fluctuation                              housing market. The time                              complexity reaches a zero
and upper complexity                            corresponds to crisis. Time                         span is 5 years. The 2007                             value, the system has no
bounds.                                         span is 8 hours.                                    sub-prime bubble is indicated                         longer any structure and
                                                                                                    by red arrow.                                         ceases all activity.




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SERVICES: CRISIS ANTICIPATION




            Pre-Alarms and Crisis-Anticipation




                                                                                    Complexity evolution of four US banks as confronted
                                                                                    with that of the US housing market. Of the four banks
                                                                                    only bank C did not default – notice decrease of
                                                                                    complexity due to change of business model.
In many cases jumps in complexity may be
caused by deliberate actions such as:                                               During 2008 and 2009 the complexity of the US
                                                                                    housing market has been increasing in a way similar to
• Mergers/Aquisitions                                                               the the period which preceed the 2007 bubble.
• Spin-offs
• New regulations

The above case illustrates the evolution of
the complexity of the Israeli banking system
over a period of four years.

     © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
Rating Stratification




In highly complex turbulent environments, such as the global economy, stratifying risk ratings
into 30+ classes is deprived of physical significance. See Principle of Incompatibility.




         © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
Robustness Rating
Below are examples of five systems, having very low (left) to very high robustness (right).
Typical scatter plots are illustrated for each case.




       © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
SELF-RATING




Self-rating: Objective Rating Available Globally
                                                    User
                                                                                                                           • Process is fully automatic, 24/7
                                                                                                                           • FREE templates available for download
                                                                                                                           • Employees have no access to eServer
                                                                                                                           • Parameters may be unnamed –
                                                                                                                             guarantees confidentiality




                                   • Login to www.ontonix.com
                                   • Upload P&L data
                                   • MS-Excel format
                                   • Flat processing fee
                                   • Pay via Credit Card/PayPal
                                   • Invoice sent via e-mail
                                                                                                                                • e-mail notification when analysis is done
                                                                                                                                • Very fast turn-around time
                                                                                                                                • Comprehensive rating report
                                                                                                                                • Original data is destroyed

                                                                                     ONTONIX
                                                                                     eSERVER




                                                                                                                             Complexity-Rating Report
                                                                                                                             (see example here)
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SELF-RATING




             Self-rating: Analysis Templates




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Example: On-line Rating of a Public Company




   © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
Example: On-line Rating of a Public Company–
          Complexity & Risk Map




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Example: On-line Rating of a Public Company–
              Variable Ranking




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Example: On-line Rating of a Public Company–
               Failure Analysis




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The OntoDyn Early-warning Concept


•  The exposure of banks depends largely on the state of health of
   their clients (corporate and retail), but:
    –  Companies can hide their real situation when applying for
       credit.
    –  Ratings are unreliable and issued on a yearly basis.
    –  Balance sheets and financial statements are:
         •  Subjective
         •  Often unreliable
         •  Issued on a quarterly or yearly basis (too slow in a
            turbulent world!)




       © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
The OntoDyn Early-warning Concept


•  However, the information on the interaction (i.e. transactions)
   between a client and his bank is available. It is:
    –  Objective
    –  Reliable
    –  Available on a daily/weekly or monthly basis

•  Using OntoDyn this information may be used to infer the state of
   health of the client.
•  Based on bank-client transaction data OntoDyn measured the
   stability of the client as fast as the data is available and warn of
   changes therein.
•  Changes in client’s stability point to potential problems.

       © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
The OntoDyn Early-warning Concept


•  The stability of a client is computed as a function of the rate of
   change of his complexity (in analogy to blood sugar levels, or
   cholesterol or other bio-markers).

•  Large and sudden changes in complexity point to an unstable
   system. This is sufficient to issue a pre-alarm.

•  Similar information may be used in two ways:
    –  Assist in credit risk analysis (less stable clients will get credit
       at more stringent conditions)
    –  Customer retention (clients leaving bank to go with
       competitor bank or client is defaulting).


        © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
A Bank and Its Clients – A Dynamic System




A bank interacts with a
multitude of clients.
Clients also interact with
each other. This gives
rise to a huge dynamic
system which the bank
monitors with a fairly high
frequency (daily/weekly)
or monthly.




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Bank-Client Interaction and Early Warnings

                 Client




                                                                                   Complexity of Client




                                                                 Transactions data
Bank-client Transactions




                                                                                                                                            Complexity & Risk Map of Client




                                                                                                             Concept: A bank doesn’t need to know a client’s Balance
                                                                                                             Sheet in order to be able to infer his state of health.
                                                   Bank
                                                                                                             Based on the objective transactional data, the client’s
                                                                                                             complexity is measured on a daily/weekly or monthly basis.

                                                                                                             Sudden changes in complexity are identified and signalled.


                          © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
SERVICES: CRISIS ANTICIPATION



           Measuring the Stability of Bank Clients –
                    Customer Retention




                                                                                                                                        Courtesy, Banca Popolare di Sondrio




Tracking the complexity of the clients of a bank provides an advanced mechanism for customer retention analysis.
Based on the customer’s transactions (see examples of parameters in the Complexity Maps) it is possible to track his
complexity and to measure the stability based on how this complexity varies over time. Sudden changes point to
potential customer retention problems. In the above example, the complexity of a client went from 14.77 to 8.81
indicating a potential problem which the bank may decide to investigate.


             © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
SERVICES: CRISIS ANTICIPATION



Stability Profile of Bank Clients and Customer
                     Retention

                                                                                              Example of stability profile of a portfolio of
                                                                                              230 corporate customers of a retail bank.

                                                                                              A Stability Profile is generated every month.
                                                                                              Potentially unstable clients are listed.

                                                                                              Each client hs a stability index ranging from 0
                                                                                              to 1. A value close to 1 indicates a stable
                                                                                              client.

                                                                                              The orange vertical line corresponds to a first
                                                                                              level of attention – all clients falling below the
                                                                                              corresponding value of stability are potentially
                                                                                              at risk of being lost.

                                                                                              All clients with stability to the left of the red
                                                                                              vertical line must be investigated.

                                                                                              Both levels of attention depend on the type of
                                                                                              business and type of clients and are
                                                                                              established in collaboration with Ontonix.

                                                                                              The skyline of the profile should be checked
                                                                                              at least every month.

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SERVICES: CRISIS ANTICIPATION




            Measuring the Stability of Bank Branches

         Branch A                                                                        Branch B
                                                                                                                                                                  Courtesy, Banca Popolare di Sondrio




                                                                                                                                               Profitability
                                                                                                                                                                                             Complexity



   Courtesy, Mizrahi-Tefahot Bank                                             Courtesy, Banca Popolare di Sondrio




Just like in the case of bank customers, it is possible to track the complexity of a bank’s branches. Performed on a
monthly basis this provides an innovative mechanism for the anticipation of problems. A stability profile like the one
indicated in the previous slide can be produced based on conventional parameters branches use to report their
performance. The system is able to show also how the complexity and profitability of a branch are strongly related –
see plot on the right.


                  © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
APPLICATIONS
UNA SERIE DI CASI ED ESEMPI PER FAR COMPRENDERE LE POTENZIALITA’

RAFFINERIA : … e inaspettatamente la pompa «critica» lunedì si fermò (a dispetto
dei sistemi di prevenzione messi in campo)

COMMERCIALISTA: nei bilanci trimestrali è nascosta una informazione che con le
analisi economiche finanziarie, anche le più innovative, non riesco a cogliere?

PRODUZIONE FILATI NYLON : … com’è che con 15 addetti al controllo dei
processi produttivi , mi faccio sempre sorprendere …. e non capisco perché è
successo il fermo impianto

PORTAFOGLIO CREDITI IN CONTENZIOSO: mi fidavo delle statistiche e dei
modelli predittivi che le utilizzavano (nonostante la variabilità/incertezza del contesto
fosse tanta), ma adesso come faccio a sapere se sto utilizzando i parametri corretti
per valutare (prezzi, rischi,..)?

ENAV - per dimensionare adeguatamente le risorse in funzione della densità di
traffico e anche per segnalare con congruo anticipo l’avvicinarsi di situazioni
potenzialmente rischiose.


          © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
UNA SERIE DI CASI ED ESEMPI PER FAR COMPRENDERE LE POTENZIALITA’

CONFINDUSTRIA GENOVA: aggregare imprese è probabilmente l’unica via di
uscita per le PMI italiane, come faccio a sapere, prima, se il sistema che vado a
creare (PMI aggregate) è più o meno fragile di quello di partenza (PMI isolate)

PONTE PEDONALE: la creatività non è infinita, anche i geni riconosciuti tendono a
ripetersi e cmq le soluzioni vengono trovate all’interno dello spazio del «già
spèrimentato, già conosciuto». Come faccio a scoprire se esistono soluzioni
progettuali migliori (meno complesse) di quelle «tradizionali»?

UCC LOMBARDIA : 2 progetti pilota per riprodurre i risultati già ottenuti in
esperienze fatte negli USA e in altri ospedali italiani. L’interpretazione dei segnali
(cardiologici, pressori, ecc..) dei pazienti monitorizzati è complessa, spesso la
differenza la fa l’esperienza di chi legge i segnali. La complessità si è dimostrata un
buon indicatore (80-85% di affidabilità) dello stato generale del paziente. Secondo
progetto riguarda utilizzo della misura di complessità come indicatore della buona
riuscita di una terapia, in tutti quei casi dove ancora una volta i segnali da
interpretare sono molti e complessi (defibrillatori)




        © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.

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Ontonix Complexity

  • 1. Complexity management: una nuova prospettiva Anticipare le crisi misurando la complessità e semplificando il sistema © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 2. COMPLEXITY MANAGEMENT: A TECHNOLOGY FOR THE CHALLENGES OF THE 21-st CENTURY ONTONIX © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 3. Disclaimer The concepts and methods presented in this document are for illustrative purposes only, and are not intended to be exhaustive. Ontonix assumes no liability or responsibility to any person or company for direct or indirect damages resulting from the use of any information contained herein. Any reproduction or distribution of this document, in whole or in part, without the prior written consent of Ontonix is prohibited. Reverse-engineering of the concepts, methods or ideas contained in this document is strictly forbidden. The methods described in the present document are protected by US patents. OntoSpace , OntoNet and OntoDyn are trademarks of Ontonix. All other trademarks are the property of their respective owners. Copyright © 2011, Ontonix S.r.l. All Rights Reserved. © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 4. Nassim Taleb – Cigno Nero Sulla base del comportamento nel passato di un processo derivarne delle indicazioni – stime, previsioni – sul suo comportamento nel futuro MEDIOCRISTAN ESTREMISTAN «Statistiche» funzionano Incertezza, non linearità prevalgono. Statistiche comprendono sia quelle Le statistiche non funzionano. basate su math, sia quelle basate Il processo non è prevedibile, al su modelli mentali (logica) massimo ci si può organizzare per Modello = mappa delle relazioni tra minimizzare effetti negativi e le variabili che caratterizzano un massimizzare effetti positivi del «cigno sistema, di come interagiscono tra nero» di loro e di come impattano sul «risultato» finale atteso. Gli assunti dei modelli sono il «fattore chiave», da essi dipende la bontà del modello © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 5. Nassim Taleb – Cigno Nero Sulla base del comportamento nel passato di un processo derivarne delle indicazioni – stime, previsioni – sul suo comportamento nel futuro MEDIOCRISTAN ESTREMISTAN Il mondo è pieno di casi in cui i POSSIBILE AVERE SEGNALI «modelli» hanno fallito: DELL’APPROSSIMARSI DELLA CRISI? OVVERO DI QUANDO I MIEI Subprime MODELLI NON SONO PIU’ Lemahn brothers ADEGUATI? Immobliaire ….. SI’ , NON IN ASSOLUTO, LIMITATAMENTE AI DATI DISPONIBILI (se i dati non comprendono i parametri che in realtà sono importanti, ….) © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 6. Sulla base del comportamento nel passato di un processo derivarne delle indicazioni – stime, previsioni – sul suo comportamento nel futuro MODEL FREE Non bisogna continuamente verificare la ESTREMISTAN correttezza degli assunti sottostanti ANZI mi segnala quando smettono di essere validi POSSIBILE AVERE SEGNALI DELL’APPROSSIMARSI DELLA QUANTITATIVO – BENCHMARK CRISI? OVVERO DI QUANDO I MIEI Misura confrontabile nel tempo e con modelli MODELLI NON SONO PIU’ del processo (validazione del modello, ADEGUATI? benchmark anche con dati parziali e differenti) NO STATISTICHE Non vulnerabile nell’estremistan (prevede i cigni neri?) KEY CONCEPTS: Complessità è un attributo misurabile di ogni sistema. Un sistema molto complesso non è necessariamente fragile. La fragilità dipende dal rapporto tra complessità e complessità massima sostenibile. Forti variazioni di complessità e/o l’approssimarsi della complessità al valore massimo (di un dato sistema) sono precursori di crisi repentine © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 7. CONTENTS •  About Ontonix •  Why Manage Complexity •  What is Complexity? •  Beyond the Concept of Risk •  Our Products - Our Services •  Applications © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 8. About Ontonix             © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 9. Publications © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 10. Our Global Presence CPS Frankfurt, D Ontonix Sp z o.o. Business Dimensions Warsaw, Poland Ontonix LLC Geneva, CH Novi, USA BLUE Eng. Bursa, Turkey Soyotec VAS Beijing, PRC Hinteregg, CH OntoMed LLC Ann Arbor, USA Ontonix S.r.l. Saconsulting FlexSci Como, Italy Madrid, Spain Beijing, PRC Ontonix RSA Pretoria, RSA Ontonix Brasil Sao Paulo, Brazil © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 11. References © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 12. Why Complexity Management © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 13. What is Complexity? Complexity is a function of structure and uncertainty (entropy). It quantifies the degree of sophistication and the “amount of chaos” within a system. It is a fundamental property of dynamical systems, just like energy. Structure Uncertainty (Topology of information flow) (Noise content in information) COMPLEXITY © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 14. Some Properties of Complexity •  Rapidly rising complexity is observed prior to a crisis or collapse •  Peak complexity generally corresponds to maximum crisis intensity •  High complexity corresponds to high risk of contagion and stress propagation •  Highly varying complexity points to a situation of low stability and high unpredictability. © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 15. Complex or Complicated? •  A system may be complicated, but have very low complexity. •  A large number of parts doesn’t generally imply high complexity. It does, in general, imply a complicated system. •  Complexity implies capacity to surprise, to deliver unexpected behaviour. •  In order to measure the amount of complexity it is necessary to take uncertainty into account, not just the number of parts. © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 16. Principle of Incompatibility High precision is incompatible with high complexity. L. Zadeh, UCLA Low complexity High complexity System is: System is: • Predictable • Unpredictable • Easy to understand • Difficult to understand • Can be described with precision • Cannot be described precisely • Easy to control • Difficult to control • Unable to surprise • Can surprise • Structure dominated • Entropy dominated • Robust • Vulnerable © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 17. Representing Structure Node Link Node Link © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 18. Examples of Complexity Maps © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 19. Identifying Structure In Data Variable 1 Variable 2 Variable 3 Variable 4 Variable 5 Variable 6 Variable 7 Variable 8 ........ Sample 1 Sample 2 Variable 1 Sample 3 . . . . Steps: Variable 2 Variable 3 For all combinations of variables: •  Build (x;y) scatter plot •  Transform plot to 2D image •  Analyze image and measure its information content and “amount of structure” •  If image contains structure, create a link in the map – this corresponds to a relationship between two variables Variable 5 © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 20. From Data to Images and Structure y Image with little or no structure: no information is exchanged between x and y. y x Image with evident structure: much information is exchanged between x and y. y x Image with evident structure: much information is exchanged between x and y. x © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 21. Critical Complexity       Mode 1 Mode 2     Mode 3 Mode 4 © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 22. Complexity and Robustness         Upper complexity bound (critical complexity) Current system complexity Lower complexity bound © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 23. What Happens at Critical Complexity Critical complexity (upper complexity bound) y Entropy dominates – system is “chaotic” y y x x y Current complexity x Structure dominates – system is deterministic 0 The x-y scatter plots shown in this slide represent typical relationships between pairs of variables in a system which functions in the proximity x of the lower and upper bounds of complexity. Lower complexity bound © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 24. Complexity vs Time Step  i   In systems which evolve in time, complexity changes, as well as the corresponding lower and upper bounds. Step  i+1   The same may be said of the Complexity Map, its structure, density, hubs, etc. Step  i+2   In such cases data is analyzed using a moving-window approach. t1 t2 Time Time t1 Time t2 Complexity = 28.5 Complexity = 44.8 © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 25. Characteristics of a Highly Complex Business or System © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 26. The Two Facets of Fragility     © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 27. A New Approach To Risk     © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 28. Beyond Risk Management © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 29. Complexity of the World’s Economy © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 30. Beyond Risk Management Conventional Modern Risk management Uncertainty-based Complexity-based paradigm Rating mechanism Probability of Default (PoD) Current State of Health Temporal horizon Mid/long term Short term Economy Smooth Turbulent, globalized Measure of Success Growth Survival Approach Fragmented Holistic Math techniques Statistical/MCS models Model-free The table presents a comparison between the uncertainty and complexity-based philosophies behind risk management. The fundamental difference lies in the idea of a rating: Conventional PoD rating: a Probability of Default within a certain period of time ( i.e. years). Complexity-based rating: measure of the present state of health, no future projection (e.g. like doctors). A less complex company is less exposed and can better confront an uncertain market. © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 31. SOFTWARE PRODUCTS Our Software Products OntoSpace™ The World’s first complexity management system. (OntoSpace™ is an interactive tool) OntoDyn™ A system for measuring the stability of portfolios of companies and customer retention. (OntoDyn™ can run as a batch tool) OntoNet™ An on-line system for on-demand complexity analysis and self-rating of corporations. (OntoNet™ is available exclusively for on-line execution) © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 32. SERVICES OFFERING Our Services Offering •  Three levels of complexity rating •  Complexity/vulnerability analysis of companies or products •  Crisis anticipation •  Customer retention •  Merger simulation and analysis •  All our services produce quantitative results © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 33. SERVICES: RATING Our Rating Services On-line self-rating: an entry level solution accessible to even small companies. Subscription rating: a specific solution for publicly-traded companies. Holistic rating: an advanced solution in which a corporation is analyzed with its ecosystem. © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 34. SERVICES: CRISIS ANTICIPATION Pre-Alarms and Crisis-Anticipation Complexity may be measured and monitored versus time. Sudden fluctuations of complexity point to instabilities, traumas or imminent crises. The magnitude of the trauma may be quantified by the difference in complexity before and after the event. Based on similar information it is possible to identify thresholds of complexity beyond which one may expect a crisis and therefore take measures in order to mitigate its effects. System with mildly increasing Highly unstable system – the System with step-wise Collapsing system. Loss of complexity (middle orange case is relative to a hospital increases complexity. This complexity is equivalent to curve is complexity, the other patient in an ICU. Each case corresponds to the US loss of functionality. When curves correspond to lower complexity fluctuation housing market. The time complexity reaches a zero and upper complexity corresponds to crisis. Time span is 5 years. The 2007 value, the system has no bounds. span is 8 hours. sub-prime bubble is indicated longer any structure and by red arrow. ceases all activity. © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 35. SERVICES: CRISIS ANTICIPATION Pre-Alarms and Crisis-Anticipation Complexity evolution of four US banks as confronted with that of the US housing market. Of the four banks only bank C did not default – notice decrease of complexity due to change of business model. In many cases jumps in complexity may be caused by deliberate actions such as: During 2008 and 2009 the complexity of the US housing market has been increasing in a way similar to • Mergers/Aquisitions the the period which preceed the 2007 bubble. • Spin-offs • New regulations The above case illustrates the evolution of the complexity of the Israeli banking system over a period of four years. © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 36. Rating Stratification In highly complex turbulent environments, such as the global economy, stratifying risk ratings into 30+ classes is deprived of physical significance. See Principle of Incompatibility. © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 37. Robustness Rating Below are examples of five systems, having very low (left) to very high robustness (right). Typical scatter plots are illustrated for each case. © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 38. SELF-RATING Self-rating: Objective Rating Available Globally User • Process is fully automatic, 24/7 • FREE templates available for download • Employees have no access to eServer • Parameters may be unnamed – guarantees confidentiality • Login to www.ontonix.com • Upload P&L data • MS-Excel format • Flat processing fee • Pay via Credit Card/PayPal • Invoice sent via e-mail • e-mail notification when analysis is done • Very fast turn-around time • Comprehensive rating report • Original data is destroyed ONTONIX eSERVER Complexity-Rating Report (see example here) © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 39. SELF-RATING Self-rating: Analysis Templates © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 40. Example: On-line Rating of a Public Company © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 41. Example: On-line Rating of a Public Company– Complexity & Risk Map © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 42. Example: On-line Rating of a Public Company– Variable Ranking © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 43. Example: On-line Rating of a Public Company– Failure Analysis © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 44. The OntoDyn Early-warning Concept •  The exposure of banks depends largely on the state of health of their clients (corporate and retail), but: –  Companies can hide their real situation when applying for credit. –  Ratings are unreliable and issued on a yearly basis. –  Balance sheets and financial statements are: •  Subjective •  Often unreliable •  Issued on a quarterly or yearly basis (too slow in a turbulent world!) © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 45. The OntoDyn Early-warning Concept •  However, the information on the interaction (i.e. transactions) between a client and his bank is available. It is: –  Objective –  Reliable –  Available on a daily/weekly or monthly basis •  Using OntoDyn this information may be used to infer the state of health of the client. •  Based on bank-client transaction data OntoDyn measured the stability of the client as fast as the data is available and warn of changes therein. •  Changes in client’s stability point to potential problems. © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 46. The OntoDyn Early-warning Concept •  The stability of a client is computed as a function of the rate of change of his complexity (in analogy to blood sugar levels, or cholesterol or other bio-markers). •  Large and sudden changes in complexity point to an unstable system. This is sufficient to issue a pre-alarm. •  Similar information may be used in two ways: –  Assist in credit risk analysis (less stable clients will get credit at more stringent conditions) –  Customer retention (clients leaving bank to go with competitor bank or client is defaulting). © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 47. A Bank and Its Clients – A Dynamic System A bank interacts with a multitude of clients. Clients also interact with each other. This gives rise to a huge dynamic system which the bank monitors with a fairly high frequency (daily/weekly) or monthly. © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 48. Bank-Client Interaction and Early Warnings Client Complexity of Client Transactions data Bank-client Transactions Complexity & Risk Map of Client Concept: A bank doesn’t need to know a client’s Balance Sheet in order to be able to infer his state of health. Bank Based on the objective transactional data, the client’s complexity is measured on a daily/weekly or monthly basis. Sudden changes in complexity are identified and signalled. © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 49. SERVICES: CRISIS ANTICIPATION Measuring the Stability of Bank Clients – Customer Retention Courtesy, Banca Popolare di Sondrio Tracking the complexity of the clients of a bank provides an advanced mechanism for customer retention analysis. Based on the customer’s transactions (see examples of parameters in the Complexity Maps) it is possible to track his complexity and to measure the stability based on how this complexity varies over time. Sudden changes point to potential customer retention problems. In the above example, the complexity of a client went from 14.77 to 8.81 indicating a potential problem which the bank may decide to investigate. © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 50. SERVICES: CRISIS ANTICIPATION Stability Profile of Bank Clients and Customer Retention Example of stability profile of a portfolio of 230 corporate customers of a retail bank. A Stability Profile is generated every month. Potentially unstable clients are listed. Each client hs a stability index ranging from 0 to 1. A value close to 1 indicates a stable client. The orange vertical line corresponds to a first level of attention – all clients falling below the corresponding value of stability are potentially at risk of being lost. All clients with stability to the left of the red vertical line must be investigated. Both levels of attention depend on the type of business and type of clients and are established in collaboration with Ontonix. The skyline of the profile should be checked at least every month. © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 51. SERVICES: CRISIS ANTICIPATION Measuring the Stability of Bank Branches Branch A Branch B Courtesy, Banca Popolare di Sondrio Profitability Complexity Courtesy, Mizrahi-Tefahot Bank Courtesy, Banca Popolare di Sondrio Just like in the case of bank customers, it is possible to track the complexity of a bank’s branches. Performed on a monthly basis this provides an innovative mechanism for the anticipation of problems. A stability profile like the one indicated in the previous slide can be produced based on conventional parameters branches use to report their performance. The system is able to show also how the complexity and profitability of a branch are strongly related – see plot on the right. © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 52. APPLICATIONS UNA SERIE DI CASI ED ESEMPI PER FAR COMPRENDERE LE POTENZIALITA’ RAFFINERIA : … e inaspettatamente la pompa «critica» lunedì si fermò (a dispetto dei sistemi di prevenzione messi in campo) COMMERCIALISTA: nei bilanci trimestrali è nascosta una informazione che con le analisi economiche finanziarie, anche le più innovative, non riesco a cogliere? PRODUZIONE FILATI NYLON : … com’è che con 15 addetti al controllo dei processi produttivi , mi faccio sempre sorprendere …. e non capisco perché è successo il fermo impianto PORTAFOGLIO CREDITI IN CONTENZIOSO: mi fidavo delle statistiche e dei modelli predittivi che le utilizzavano (nonostante la variabilità/incertezza del contesto fosse tanta), ma adesso come faccio a sapere se sto utilizzando i parametri corretti per valutare (prezzi, rischi,..)? ENAV - per dimensionare adeguatamente le risorse in funzione della densità di traffico e anche per segnalare con congruo anticipo l’avvicinarsi di situazioni potenzialmente rischiose. © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.
  • 53. UNA SERIE DI CASI ED ESEMPI PER FAR COMPRENDERE LE POTENZIALITA’ CONFINDUSTRIA GENOVA: aggregare imprese è probabilmente l’unica via di uscita per le PMI italiane, come faccio a sapere, prima, se il sistema che vado a creare (PMI aggregate) è più o meno fragile di quello di partenza (PMI isolate) PONTE PEDONALE: la creatività non è infinita, anche i geni riconosciuti tendono a ripetersi e cmq le soluzioni vengono trovate all’interno dello spazio del «già spèrimentato, già conosciuto». Come faccio a scoprire se esistono soluzioni progettuali migliori (meno complesse) di quelle «tradizionali»? UCC LOMBARDIA : 2 progetti pilota per riprodurre i risultati già ottenuti in esperienze fatte negli USA e in altri ospedali italiani. L’interpretazione dei segnali (cardiologici, pressori, ecc..) dei pazienti monitorizzati è complessa, spesso la differenza la fa l’esperienza di chi legge i segnali. La complessità si è dimostrata un buon indicatore (80-85% di affidabilità) dello stato generale del paziente. Secondo progetto riguarda utilizzo della misura di complessità come indicatore della buona riuscita di una terapia, in tutti quei casi dove ancora una volta i segnali da interpretare sono molti e complessi (defibrillatori) © Copyright 2011, Ontonix S.r.l. All rights reserved. No part of this document may be reproduced in any form without the written consent of Ontonix S.r.l.