Altair® Monarch®

Data You Can Trust to Make Smart Decisions

No Code Data Transformation for Insurance with Altair Monarch

Altair Monarch is the fastest and easiest way to extract data from dark, semi-structured sources like PDFs, spreadsheets, and text files, as well as from Big Data and other structured sources. Monarch cleans, transforms, blends, and enriches data with an easy-to-use interface free of coding and scripting. For 30 years Monarch has helped insurers worldwide save time and money by enabling people of different skill sets to transform data quickly and precisely for efficient analysis around calculating premiums, identifying fraudulent claims, optimizing customer retention strategies, and more.

Datasheets

Build Predictive Models for Failure and Multi-class Failure

Machine learning technology leveraging historical and real-time data from sensors mounted to production equipment as well as PLCs, SCADA, and other sources can accurately flag potential failures of whole machines and/or critical components before they can cause downtime.

Datasheets

Strategic Transformation in 2021: First Data, Then Digital

Mapping out an achievable digital transformation strategy is often hampered by poor or inaccessible data or the inability to access key data sources. Altair’s innovative approach to analytics helps avoid widespread pitfalls commonly encountered when attempting to operationalize large amounts of disparate data to solve for complex problems. Mike Rowley, Sr. Director - Data Analytics Solutions Marketing, hosts a lively discussion on common analytic limitations and opportunities associated with digital transformation. This webinar will map out the data and digital transformation journeys and highlight specific areas of focus for optimal results: -New developments in the world of digital transformation in 2021 -Most common challenges with data transformation today -Centralizing and governing curated and audited datasets -Trackable, transparent changes in data models and workflows

Webinars

Information Optimization Keeps Edwards Air Force Base Mission-Ready

The 412th Maintenance Group (MXG) provides maintenance, as well as Logistics Test and Evaluation (LT&E) support, for the U.S. Air Force, Department of Defense, Foreign Military Sales, and contractor aircraft at the Air Force Flight Test Center (AFFTC). The AFFTC is the Air Force Material Command center for excellence of research, development, testing and evaluation of aerospace systems for the United States and its allies. The mission of the Training Division is the planning, administration, development, instruction and evaluation of a training and readiness program for military members and civilian employees within the 412th MXG.

Customer Stories

Altair Data Analytics for the Federal Government

Altair Data Analytics enables government agencies and people of all skill levels to access, generate, and use smart data to make insightful, informed decisions. With decades of experience in data transformation, machine learning, and visualization, our solutions are designed so that people who work with data can collaboratively generate and share insight within a governed environment. With the necessary accreditation to operate on government networks, Altair Data Analytics is deployed in many executive government agencies worldwide to solve for security, logistics, and policy-based use cases.

Datasheets

Use Machine Learning To Predict Remaining Useful Life

Machine learning (ML) and stream processing technology are powerful solutions for remaining useful life (RUL) analysis. Manufactures can use the large amounts of data produced by sensors combined with human inspections of finished pieces to train ML algorithms. The ML tools can then proactively alert operators when a tool is approaching its end of life, allowing them to schedule the replacement for a convenient time. Stream processing algorithms can also process all the sensor data being generated by any number of production machines, make on-the-fly comparisons with historical data, and increase the accuracy of ML algorithms. This solutions flyer explains how smart selection and application of ML tools combined with the availability of clean, governed datasets help manufacturers optimize their maintenance and wear part replacement schedules.

Datasheets

Data-Driven Warranty Risk Profile Analysis

Most manufacturers must handle large numbers of warranty claims related to a variety of products and components. The volume of claims can easily run to millions per year for consumer goods manufacturers. Patterns within claims data may indicate emerging quality or design problems; therefore, identifying and prioritizing the issues requiring high priority responses is critical to improving quality and reducing the financial impact of claims. This solutions flyer how advanced data analytics tools enable teams to cleanse and organize data from any set of repositories and apply machine learning technology to identify emerging quality or design issues.

Datasheets

From Disruption to Decentralization: A Peek into Building Advantage in 2021

How can you use the disruptions and lessons learned from this year to make meaningful change to your relationship with data? The catalyst for change can be jarring as we’ve all experienced this year. Inefficiencies within processes can be amplified as soon as working conditions change, but rather than seeking the status quo or returning to the way things were, can we use this time as an opportunity to improve processes or introduce needed supplemental analytics to pre-existing processes to move into 2021 healthier than 2020? During this webinar we'll discuss: -Identifying existing constraints, both tangible and perceived -Centralized vs. Decentralized Processes: how do we ensure agility and governance? -Offensive vs. Defensive Strategies for Data Trends in the industry and how to get ahead

Webinars

Altair Monarch with RPA Automation Demo

This demo covers a use case in digital transformation by moving more customers to e-statements to reduce mailing costs, and human touch of mail. Altair Monarch simplifies the process of extracting data from the core banking platform to identify those customers who are still receiving statements by mail. RPA takes the information that was cleaned and properly formatted by Monarch, to enter it into the core banking platform to change the mailing status to electronic.

Demo Models

Detect Anomalies in Manufacturing Equipment and Systems

Identifying unusual behaviors or patterns in machine components using sensor data can prevent small glitches from creating major operational problems.

Datasheets

Capturing Data in Monarch's Excel Worksheet Design

Monarch 2020 includes a new feature known as Spreadsheet Design. It can extract data from complex spreadsheets that might include multiple tabs, conditional cell formatting, and more. Monarch is the only data preparation solution that offers an easy method to extract data from spreadsheets and transforms this data into datasets to be used for analytic purposes.

Product Overview Videos

Climbing Data Mountains

Are you on the mountain or in the valley? Learn how The Fauquier Bank uses its data assets to decrease expenses, boost process efficiency, and improve data governance with automated and repeatable data models. Several examples will show the ease of bringing data together from a variety of locations such as cold storage, data warehouse, and the company network.

ATC Presentations

Implement Effective Manufacturing Process Analytics

By extracting real value from their data, manufacturers can make accurate predictions about component life, replacement requirements, energy efficiency, utilization, and other factors that have direct impacts on production capacity, throughput, quality, sales, customer acceptance, and overall efficiency.

eBooks

Altair Monarch Application for Procurement and Finance OnDemand Webinar

Watch this OnDemand Data Analytics Webinar to learn how Altair Monarch can help Procurement and Finance team improve their data efficiency and automate their data preparation.

Webinars

Monarch and Monarch Server Automator Overview

Monarch and Monarch Server Automator easily transforms data from disparate sources.

Product Overview Videos

Overcome Excel’s Limitations as a Data Analytics Tool

Excel continues to be the most widely used data analysis tool in the market, but it’s too simply easy to make changes to spreadsheet data.

Datasheets

Monarch Spotlight Series - Data Snacks: Optimizing, Importing and Exporting Data

The first step in any data preparation process is accessing the data itself but not all data is easily attainable. Learn how Monarch can expedite the data extraction process from virtually any source, from your tabular databases to your local drives, and how to get consistent results. With a wide variety of data comes a wide variety of challenges. Monarch has the ability to meet the individual challenges presented by each data source by catering to that type and giving the end-user the option on how they would like to interact with it. Once your data is imported and cleaned, learn how you can manage your exports to push the data exactly where it needs to go, in the format it needs to be in.

Webinars

Guide to Using Data Analytics to Prevent Financial Fraud

Financial fraud takes countless forms and involves many different aspects of business including; insurance and government benefit claims, retail returns, credit card purchases, under and misreporting of tax information, and mortgage and consumer loan applications.

eBooks

Monarch Spotlight Series - Data Snacks: Building Models with Data Prep Studio (DPS)

The newest release of Monarch makes it even easier to build or adjust your models using our Data Prep Studio. From our improved engine version to automatically align your messy data to our Hit Map and Report Verify to ensure your data is being captured correctly, building models with DPS has never been easier. Data Prep Studio not only improves the way end users now capture data, but it also changes the methods and how we think about modeling. Having the DPS fully integrated means you can spend less time capturing data and more time gaining insight from it. Our experts show you some of the ways we’ve improved the data capturing process in this Monarch Spotlight Series session.

Webinars

Data-Driven Strategy to Transform Warranty Process

Warranty claims contain valuable information about product quality and reliability, customer expectations, and can reveal design or manufacturing defects. The proper utilization of this data enables manufacturers to make improvements to existing products, develop more reliable new products, and drive increased profitability.

Datasheets

Advance Asset Maintenance Strategies with Predictive Analytics

Predictive maintenance provides a proactive solution to monitor equipment health and predict failures. It enables organizations to avoid machine failures and unplanned downtime, increase equipment and production line productivity, reduce maintenance costs (including hard component replacement costs and associated personnel time), and improve output quality.

Datasheets

Automated Machine Learning Streamlines Root Cause Analysis

Root Cause Analysis is critically important to the ongoing success of any manufactured product. Detecting design defects, raw material problems, build issues, and quality control shortfalls as early as possible fosters continuous product improvement, increased reliability and performance, and allows the company to maintain strong reputations for product brands.

Datasheets

Mastering Data in Higher Education

Despite recent advancements in technology, the education sector has struggled to capitalize on opportunities afforded by data analytics.

Datasheets

Altair Data Analytics for the Federal Government

Altair Data Analytics enabled government agencies and people of all skill levels to access, generate, and use smart data to make insightful, informed decisions.

Datasheets

Automate and Govern Data Preparation Routines

Altair Monarch Server Automator provides a comprehensive, enterprise-wide data preparation solution that extends on the work completed using Monarch's desktop solution.

Datasheets

Using Data Automation and Predictive Analytics To Reassess Risk In the COVID-19 Era

How can banks & credit unions use data automation and predictive analytics to reassess risk due to COVID-related unemployment? Join Dylan Tancill, Director of Altair's Bank & Credit Union Team, for a lively discussion presented at the recently held 5th Annual CULYtics Virtual Summit 2020.

Presentations

The Next Generation of Data-Driven Lending

Post COVID-19 and as we navigate our new normal - banking and lending will undoubtedly be transformed. As the economic fallout spreads, financial firms are grappling with a major influx of relief requests from consumer and business customers. Our panelists discuss whether modern technology, advanced analytics, and a data-driven approach can hold the keys to ensuring banks and fintech leaders continue to scale despite this rapidly evolving credit crisis.

Webinars

The Future of Self Service in Data & Analytics

Featuring an enviable lineup including; Frederic de Sibert, Global Head of Investment Banking Services Strategists at Goldman Sachs, Paul Downes, COO at Autovista Group, Kerem Talih, General Manager/CFO at Doğuş Otomotiv and Dr. Mamdouh Refaat, Chief Data Scientist at Altair. This hour-long webinar is full of insight, guidance, and tips from global businesses that are at various stages of their Data & Analytics journeys.

Webinars

The Future of Data Democratization

Hear from a prestigious panel of experts including David Huguet, Data Lead at SNCF, plus Martijn van Baardwijk, CFO - Continental Europe at Inchcape plc. as we focus on;

  • How to democratise data inside and outside your company;
  • How to manage the security and risk associated with data democratization;
  • The improvements brought by having unified access to data.
Chaired by Anthony Townsend, Director of EMEA Sales, Altair.

Webinars

The Future of Augmented Analytics

Augmented Analytics is being touted as the next frontier in AI’s Evolution with Gartner defining it as “the use of enabling technologies such as machine learning and AI to assist with data preparation, insight generation, and insight explanation to augment how people explore and analyze data”.

Webinars

Monarch Spotlight Series - Data Snacks: Maximizing the Use of Calculated Fields

Not all data are created equal - learn how to leverage Monarch's Calculated Fields feature to create dynamic functions to apply to your entire data sets. Our Solutions Specialist, Joseph Alvarez, shows you some of the tips and tricks on how to get the most of out your data.

Webinars

Enhancing Your RPA Investment With Data Preparation

As more businesses use Robotic Process Automation (RPA) as a means to streamline operations and assess efficiency gaps, there are hurdles to fully realizing its benefits. For instance, existing data is often challenging for RPA processes to handle. Without a good solution, studies indicate that 80% of the time spent on RPA has to do with data preparation.
Discover how you can enhance your ongoing RPA investment with the right data analytics stack.

Webinars

Monarch Spotlight Series: Data Snacks - Joins

Siloed Data doesn’t have to stay that way. Combine data sets from virtually any location or format with Monarch to create uniformed, consistent outputs ready for analytics. Joins are an integral part of creating a unified view of all of your data in a single place. With Monarch, we’ll show you how you can perform Standard Joins, Lookups, and Negative Joins to create the output you’re looking for without the need to code or script.

Webinars

Monarch Data Prep Studio Product Overview

Access, transform, combine, and blend multiple data sources with Monarch Data Prep Studio.

Product Overview Videos

Daily Debit Reconciliation using Altair Monarch

Lending organizations consolidate daily debit transactions into auto-generated files (typically Excel format). With thousands of machines and hundreds of thousands of records per day, manual reconciliation to the balance level is laborious and error-prone.

Use Cases

Leverage Altair Data Analytics for Optimizing Preventative Churn Strategies

It's no industry secret that it costs less to retain existing customers than it does to acquire new ones.

Datasheets

5 Key Areas to Invest in to Enable Smarter Decision Making

Explores the five key areas to invest in to enable smarter decision making with data.

Presentations

The Future of Altair's Data Analytics Solutions

Altair solver technology helps to unleash the limitless potential of the creative mind. We seek through our technology to inspire and empower people to solve the greatest engineering challenges. The 2020 software release further advances forward-looking technologies for simulation and optimization from concept to in-service across multiple disciplines encompassing structures, fluids, thermal management, electromagnetics, and electronics. With major additions to our multi-physics solver portfolio, we get ever closer to being able to reliably predict design performance.

Presentations

Climbing Data Mountains

Are you on the mountain or in the valley? Learn how The Fauquier Bank uses its data assets to decrease expenses, boost process efficiency, and improve data governance with automated and repeatable data models. Several examples will show the ease of bringing data together from a variety of locations such as cold storage, data warehouse, and the company network.

Presentations

The Data-Supported Deception: False Insights

ML and AI is experiencing a revolution in the scale of usage and applications. A common and frequent step in the ML model development process is the use of data to extract insights about the process being modeled and optimized. However, insights based on data could often show unreal trends and relationships.

Presentations

Sam Mahalingam and Dr. Carsten Bange Fireside Chat

Join Sam Mahalingam and Dr. Carsten Bange for a discussion on the latest trends influencing the world of data analytics.

Presentations

Advancing Data Analytics Strategies for Increased Business Value

Harnessing the full benefits of enterprise data solutions doesn’t happen overnight. At Altair we understand operationalizing analytics is a journey and we want to be your partner every step of the way. Learn how we’re delivering you the most value with our comprehensive enterprise data analytics solutions, flexible licensing model and expert global support services.

Presentations

Unlock and Transform Difficult Data

Informed decision making begins with trusted, accurate data. Discover how to seamlessly connect to and easily transform disparate data using repeatable tasks using no-code data preparation from Altair.

Presentations

Harness the Power of Machine Learning while Building Trust Using Explainable Analytics

Explore how business analysts and data scientists alike can leverage data science modeling at all skill levels, without having to code. Quickly build out predictive and prescriptive models that can easily explain and quantify insight found in your data.

Presentations

Next-Level Operational Business Intelligence: Make Every Nanosecond of Data Count

Seeking a competitive edge to drive better business decisions? Experience how the power of real-time stream processing and visualization in the hands of those closest to the action results in smarter tactical and strategic decision making in rapidly changing environments.

ATC Presentations

Transform Your Business into a Data-Driven Enterprise

Altair has brought together a powerhouse team leveraging expertise in data prep, visualization, and machine learning to deliver a fully integrated end-to-end cloud native and on-premise data analytics platform. This is your chance to check out the features and how this new solution enables corporate citizens to build and operationalize data analytics applications using an extensible, open and low code platform.

Presentations

Leveraging Data and Analytics in Retail, Insurance, and Telco

Learn how Altair's Data Analytics platform can help you ingest and prepare massive amounts of disparate data allowing you to identify clients that may be most likely to churn using our predictive analytics solutions.

Presentations

Using Real-time Data to Maximize Customer Order Flow

Learn how Panopticon, Altair's real-time steaming analytics platform, can monitor customer trading activity in real-time to help you proactively address execution problems, maximize customer order flow and increase trading profitability.

Presentations