monarch

Altair Data Analytics for Banking, Financial Services & Insurance

Altair works with over 3,000 banks & credit unions, buy & sell-side trading organizations, security exchanges and insurance companies. Delivering best of breed applications from automated data preparation, and predictive analytics, to real-time data visualization. We provide you with technical resources from trusted subject matter experts in the field who understand your business, making your user experience seamless in transition. Altair offers a unique licensing model with cost-effective options to gain the competitive advantage in your market.

Datasheets

Automatically Capture Data from Tables in PDF Documents with Altair® Monarch®

Monarch’s table extraction function is designed for ordinary people who wish to do extraordinary things with PDF files. It enables business users to identify tables in text-heavy PDF files, select them, modify them as needed, and export the data to Monarch Data Prep Studio for further data transformation. This short video shows you how to use the PDF Table Extractor in Monarch Data Prep Studio.

How-to

Manually Capture Data from Tables in PDF Documents using Altair® Monarch®

Monarch’s Create Table from Selection function makes it easy to capture data from just one section of a table within a PDF document. You can create a new table using only the highlighted rows and columns in an existing table and append data to an existing table. This short video shows you how to use the Create Table from Selection and Append functions in Monarch Data Prep Studio.

How-to

Create Ad-hoc Tables from PDF Documents in Altair® Monarch®

Monarch lets you define ad-hoc tables using data in PDF documents that is not presented in tabular forms. This video shows you how to use the Create New Ad-hoc Table function of the PDF Table Extractor in Monarch Data Prep Studio.

How-to

Modify Tables Extracted from PDF Documents with Altair® Monarch®

PDF Table Extractor allows you to modify and tweak a table definition as needed. You can define new tables, create new columns, delete columns, define table titles, modify headers, and more. This video shows you how to modify tables in Monarch Data Prep Studio’s PDF Table Extractor.

How-to

Import Tables from PDF Table Extractor into Altair® Monarch ® Data Prep Studio

After you have defined a set of tables for a PDF document with Monarch’s PDF Table Extractor, you can load the tables into Monarch Data Prep Studio for blending, transformation, and analysis. This video shows you how to import tables from PDF Table Extractor into Monarch Data Prep Studio.

How-to

Named Filters in Altair® Monarch®

Monarch Data Prep Studio makes it easy to create formula-based, value-based, or compound filters that you can apply to defined tables on the fly. You can also export data with filters applied to facilitate downstream analysis of selected subsets of data. This video shows you how to build, name, and manage filters in Monarch Data Prep Studio.

How-to

Create Custom Data Cleansing Macros in Altair® Monarch®

Monarch Data Prep Studio allows you to create macros that combine a series of data prep functions into a single step and then apply all the functions in the macro to multiple columns and tables and across workspaces. This video shows you how to build, manage, and share macros in Monarch Data Prep Studio.

How-to

Alleviate Chronic Spreadsheet Pain with Altair Monarch

Altair helps you get more out of your spreadsheets with less effort. Joining and blending disparate data sources using spreadsheet tools alone leads to too many errors, and troubleshooting problems is time-consuming. Altair Monarch lets your team build trusted, highly accurate data sets quickly. It delivers data peace of mind, and lets you shift efforts from data collection and organization to driving better business insight.

Product Overview Videos

Data Modernization: From Gathering Dust to Gleaning Insight

As part of the Altair Data Analytics Spotlight Series, we discuss modernizing your organization's data management so that you can unlock the full value of analytics and AI. If you're interested in developing a trusted data architecture that is accessible, centralized, and strategically designed to enable scalability and smarter decision making, then this webinar is perfect for you. During this webinar, we discuss how you can: - Centralize the storage of your siloed data - Improve data integrity with data normalization platforms - Analyze all of your data for deeper predictive insights

Webinars

Gain Future Insight with Your Human Resources Data

Human resources (HR) is tasked with recruiting the best talent and keeping culture at the forefront while staying on top of payroll, performance, and many other responsibilities. What if you could save time getting these tasks done while your human capital is ahead of the curve to meet your organization’s business goals?

Datasheets

The Demand for AI in the Public Sector

As you consider options of pursuing AI business requirements in the public sector, being cognizant of some key factors will provide a framework for success. Essential considerations should be applied in the development of solutions able to be effectively integrated into operational environments of specific governmental structures. Employing expertise with an in-depth understanding of the respective organizational operations, combined with strategic partners — to offer comprehensive tools, technology, and/or services — increases your value offering. Samuel Massenberg Jr, Chief Growth Strategist at BreakForth Solutions discusses some key nodes along a path of successfully exploring AI pursuits in the public sector. This industry presentation aired at Future.AI in June 2021, and is over 20 minutes long. Explore Altair Data Analytics for Government View all Future.AI 2021 Presentations

Future.AI 2021

Process Automation & Predictive Analytics for Mortgage Portfolios

Explore how mortgage lending, operations, and servicing groups leverage data analytics solutions to automate processes, apply predictive and prescriptive analytics, and monitor assets visually. Join us to see demonstrations on data extraction, content management, predicting credit defaults, and visual analytics. The presentation, by Senior Solutions Specialist Alyson Kelley, and Subject Matter Expert Joe Lovati from Altair, aired at Future.AI in June 2021, and is almost 44 minutes long. Ready to explore predictive analytics and process automation? Contact us! View all Future.AI 2021 Presentations

Future.AI 2021

Improve Patient Experience and Operational Efficiency with Monarch and Advanced Data Transformation Tools

With the increasing adoption of telehealth and retailers expanding into healthcare delivery, patient demands for access and convenience continue to grow. Many organizations still rely on spreadsheets for key reporting and data management functions, but the manual processes required to manage healthcare data using spreadsheets are cumbersome and prone to error. Turning data into insight quickly is no longer optional and healthcare providers must respond with more efficient data handling workflows. In this session, we will explain how healthcare organizations can optimize their operations, improve patient experience, and reduce their costs using Monarch and advanced data transformation software in conjunction with spreadsheets. The presentation by Solutions Specialist John Strazdins, and Director of Healthcare Vertical at Altair Paige Jankowski, aired at Future.AI in June 2021, and is over 28 minutes long. Explore Altair Data Analytics for Healthcare View all Future.AI 2021 Presentations

Future.AI 2021

Fireside Chat: Data Transformation - The Key to Efficient Month-End Close Processes

Explore how data transformation plays a vital role in executing month-end business processes. Marty Menz, CFO of Meyers Constructors, shares insights into how he’s utilized Altair Monarch throughout his career to improving a range of month-end tasks including inventory cost roles, evaluation, slow-moving and excess count, general ledger analysis, trial balance, and income statements, 401K deductions and payroll deductions, and more. Marty also explains how he is leveraging Monarch now and in the future to streamline his processes through automation. Marty's fireside chat with Rebecca Cronin, Customer Success Manager at Altair aired at Future.AI in June 2021, and is about 33 minutes long. Experience no-code, automated data transformation: Try Altair Monarch today, for free. View all Future.AI 2021 Presentations

Future.AI 2021

Panel: Enhancing Your RPA Investment with Data Preparation

Robotic Process Automation (RPA) is an emerging technology that replicates business processes to improve accuracy and/or relieve human involvement. Automation frees teams to focus on strategic projects reducing workload and time in laborious business processes. Join industry experts Paul Nerger, VP of Blue Prism Digital Exchange, David Griffith, Managing Director at AmdoSoft, and Baba Majekodunmi Sr. Manager DA Customer Support, Altair, as they discuss the general RPA landscape, how to help organizations see the value and realize the full potential of your data and investment. The recording of this panel discussion aired at Future.AI in June 2021, and is about 28 minutes long. Experience no-code, automated data transformation: Try Altair Monarch today, for free. View all Future.AI 2021 Presentations

Future.AI 2021

Staffing Services Save Cost and Time

Streamlining data preparation with Altair Monarch enables Client Engineering Services to speed up accounts receivable process by 90% while improving accuracy.

Customer Stories

Sporting Goods Chain Fuels Results with Data

In order to compete in the fast-paced retail industry, a chain of more than 100 sporting goods stores operating across the United States needed a more efficient and accurate method for preparing and analyzing data to enable management teams to quickly make strategic operational decisions.

Customer Stories

Altair Monarch: Enterprise-Class Data Transformation

Altair® Monarch® is a comprehensive, self-service data transformation and process automation solution. It connects directly to a wide range of structured and semi-structured data sources, including PDFs, text, complex spreadsheets, JSON, XML, big data sources, relational databases, and many others. Business users and analysts can extract, cleanse, and transform data into consistent, governed, and secure rows and columns without specialized knowledge or training, and without writing any code. The platform includes more than 80 pre-built data preparation functions which makes it easy to build new error-free workflows in minutes. Experience no-code, automated data transformation: Try Altair Monarch today, for free.

Technical Papers

Monarch Product Overview

Monarch is an enterprise-class self-service data preparation solution. It connects to multiple data sources including PDFs, spreadsheets, cloud-based data, big data, and other structured and semi-structured sources. Monarch converts disparate data formats into clean rows and columns in seconds and includes more than 80 pre-built data transformation functions to help make the process fast and easy. Spend more time generating value from your data with the Monarch no-code data transformation solution.

Product Overview Videos

Monarch Burster Nodes Automatically Unbundle Reports and Flag Errors

Altair Monarch’s burster node enables you to unbundle files and distribute the segmented results into separate files and locations. For example, a file containing multiple reports can be unbundled and then placed in a location that can be used for monitoring of other processes or ingestion into Content Server. Monarch’s burster node also detects errors and automatically moves faulty files to a special location where they can be corrected before further use. Monarch’s burster node is easy to set up and business users can implement a workflow incorporating burster functions in just a few minutes.

Use Cases

Data Transformation and RPA: How to Streamline Your Data Process

Discover how data transformation tools perfectly compliment RPA processes to free up human capital, prevent lost revenue, and ultimately maximize your investment. If you work with a large amount of data and are interested in learning more about RPA, or you currently have a RPA process in place, then this webinar is perfect for you. In partnership with AmdoSoft Systems, we demonstrated: - How data prep and RPA can be combined to increase productivity and agility - How to clean and format your data for maximized bots consumption - How our solutions eliminate siloed usage and error-prone manual tasks

Webinars

Automated Data Preparation for Payroll

Discover how Altair Monarch automates the transformation of payroll data into usable, structured datasets to streamline reconciliation, reporting and analysis.

Use Cases

11 Reasons You Still Need Data Prep for Electronic Medical Records System

Electronic Medical Records (EMR) and Electronic Health Records (EHR) have greatly improved data access, but efficient Revenue Cycle Management still requires significant data preparation to meet operational demands and health IT standards. This can be time-consuming and delay revenue collection. Altair’s market leading data preparation tool Monarch enables healthcare professionals to save time, limit clerical errors, easily automate recurring processes in Revenue Cycle Management and collect revenue faster.

Technical Document

Engineers will make AI work

Anthony Mc Loughlin VP Sales Data Analytics, EMEA presents how to empower engineering to make data & AI work.

ATCx Industrial Machinery 2021

The Value of Data Analytics in the Smart Factory

Marco Fliesser Technical Director Data Analytics EMEA presents "The Value of Data Analytics in the Smart Factory ".

ATCx Industrial Machinery 2021

The Deep Dive: Practical AI and Data Science for Engineering

Engineers in manufacturing industries can spend as much as 50% of their time acquiring and synthesizing the data required to perform their day-to-day roles. We are convinced that engineers skilled in the use of AI toolsets hold the key to reducing the barrier to successfully capitalize on datasets across a wide range of complex manufacturing problems - from product design and new development to ongoing maintenance. These skills not only enable rapid, data-driven decisions and significantly improve productivity, but also empower engineers to meet the rising demand for an AI-skilled workforce. Take the next step in unlocking immediate opportunities for your manufacturing operations. Watch our in-depth session, The Deep Dive: Practical AI and Data Science for Engineers.

Webinars

Monetize Your Data Analytics Performance Through Collaboration

How can we take a step back from our current processes and improve them with new Machine Learning tools, or just clever reporting? In this session, our in-house solutions expert Alyson Kelley discussed how to monetize your current processes by: - Understanding current trends in data analytics - Creating strategic alliances within your organization - Taking advantage of partnerships with current vendors

Presentations

Streamline Audit Processes with Self-Service Data Preparation

Auditors are under significant pressure to keep expenditures down whether they work for an external audit firm or are part of an internal audit team. Achieving cost-effective audits requires organizations to do more with less - while maintaining or increasing audit quality. To succeed auditors not only need the right expertise and process but also the right data analytics tools.

Use Cases

Accelerate Data-driven Smart Operations with Altair Manufacturing Analytics

Explore how Altair enables enterprises to leverage operational data throughout the complete data lifecycle - from shop floor to top floor - with self-service data analytics and machine learning solutions.

Product Overview Videos

Powerhouse Data Prep: Altair Monarch for Excel Users

Spreadsheet applications are ubiquitous, flexible, and give users the power to develop complex macro and formula-driven applications. The downside, however, is that spreadsheets are prone to error, difficult to program, produce results that are easy to misinterpret, do not handle data from multiple disparate sources easily, and are extremely difficult to maintain and debug as their size increases. Monarch can vastly reduce mistakes, save time, and support the most complex requirements.

Use Cases

Data Science for Engineering

Data science and AI are game-changing technologies for engineering and manufacturing companies. To embrace the need of today and the future for self-service data science and analytics in manufacturing, we need more data engineers to make this all possible.
At Altair, we envision a future where engineers are well equipped to apply data science techniques to derive powerful predictive analysis that transforms the way they operate. There are a plethora of applications for data science in manufacturing - from product design, supply chain optimization, and fault prediction, and preventative maintenance to demand forecasting, and quality assurance. By bridging the gap between the data scientist and engineering roles, your organization can breakdown data silos and extract actionable insights to drive real business value.
The movement has just started. Watch our on-demand webinar to learn more.

Webinars

Monarch Spotlight Series - Audit Readiness and Optimization

Empower your analysts and organization to optimize the audit preparation process with Monarch. Preparing for and conducting an audit can be a labor-intensive, cumbersome, and error-prone process. However, it doesn’t need to be that way. By leveraging Monarch, analysts and organizations can leverage their disparate data sources in a no-code environment to optimize audit readiness.

Webinars

Monarch Spotlight Series - Data Automation for Mortgage Servicing

Mortgage Servicers using Black Knight face significant challenges around quickly and cost-effectively accessing lending and prepayment risk. Mortgage Servicers rely on the client and transactional data to evaluate pre-payment risk and execute on investor reporting, loss analysis, and servicing transfers. On platforms like Black Knight MSP, that data is either trapped in static reports or accessible through costly add-ons like BDE. The Altair Mortgage Suite serves as a complement to the mortgage servicing platform by transforming reports into tabular data, applying machine learning, and presenting the data in a visual, easy-to-interpret fashion. Come join our in-house expert with two decades of experience in mortgage servicing Joe Lovati to learn how the Altair Mortgage Suite can bring efficiency to your processes.

Webinars

Don’t Waste Time Manually Preparing Data in Spreadsheets

Stop wasting time repeating the same manual data preparation task in spreadsheets. Experience how Altair Monarch is the solution to fast, automated error-free data transformation.

Use Cases

Stop Learning Complex Spreadsheet Functions to Analyze Data

In the time you spend learning complex spreadsheet functions to format data, your entire project could already be done. Experience how Altair Monarch is the solution to transform data in minutes without coding or complicated formula.

Use Cases

Spend Less Time in Spreadsheets

Spreadsheets are powerful but not designed for today’s analytics demands. See how Altair Monarch transforms data in minutes.

Use Cases

Monarch Spotlight Series - Data Preparation & Trapping for Excel Users

Get more out of Excel, with less effort. As Excel users ourselves, we understand that there can be some frustration around Excel’s ability to handle the type of analysis we’d like to do. Recently, publications like Forbes and the Wall Street Journal have written articles, commenting on Excel’s shortcomings for analysts. Watch our in-house expert Llewellyn Wells as he shows how you can overcome these limitations with self-service data preparation.

Webinars

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

Use Machine Learning To Predict Remaining Useful Life

Machine learning (ML) and stream processing technology are powerful solutions for remaining useful life (RUL) analysis. Manufacturers 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