IT Infrastructure Management for Liberty Wines - MyAssignmenthelp

Questions: 1.What business risks had Liberty Wines faced?2.How does Liberty Wines IT infrastructure impact its competitive advantage?3.How did server virtualization benefit Liberty Wines and the environment?4. What data and IT problems were limiting FinCENs ability to fight financial crime?5.Describe the IT upgrades and capabilities needed by FinCEN in order to achieve its mission.6.On what does financial intelligence depend?7.Why is the ability to identify patterns and relationships critical to national security? Answers: 1. Liberty Wines experienced a huge growth in the business and the department of IT failed to successfully handle the increase in volume of data. The frameworks were quite slow and needed more efforts on maintenance. This implied loss of efficiency of employee, and also affects the core processes of business, for example, arrange processing of order and management of inventory As the service level is not provided, the clients expect in a quick paced condition or the capacity to oblige development, they gambled loss of future business as well as the potential loss of current clients. 2. The reduction of costs of replacement of hardware, power and air conditioning helps in improving the resilience as well as stability with the help of backup system. This helps in speeding up of the process of business that enable the faster running of app, improvement of the bottom line as well as better services to the customers are been provided by employees with great productivity (Nguyen, Min Park, 2015). Moreover, the growth of business in future helps to accommodate rapidly as well as in an easy manner. Competitive advantages are achieved by the organization by reduction of costs, improvement of services and scope for growth in future. 3. The reduction of 10 servers to 4 servers among which one of the server is been booked for the backup system causes cut in for the power use as well as 60 percent costs of air conditioning the helps to improve the bottom line and the assists to reduce the carbon footprint. The operation of application is faster by better utilization that yields in better services to the customers and excellent management of inventory. The costs of hardware replacements are been reduced by 69500 dollars as well as when required the servers can be integrated rapidly and with ease. 4. The report containing the data which the financial institution needs to provide to FinCEN is of inconsistent quality as well as lacking in both standardization and validation. During the analyzing of data FinCEN got restricted to simple routines as well as small datasets. The bureau failed in conducting the analysis transversely of massive datasets as well as they lack capabilities in proactive analyzing and trending of prediction. The data reported was done by utilizing different systems those were offline. These issues combined for FinCEN to confront the issues in rapidly detecting the emerging and innovative threats as well as assist in disrupting of criminal enterprises. 5. The upgrading of FinCEN in its capabilities of analytics, infrastructure and databases of Information Technology was done. The analytics that was upgraded required for better collecting and data analyzing with the help of multiple sources. It also helps them by providing the federal, state, regulatory authorities as well as locally enforcement. The analytics of the organization in recent time have the access of improved analytics as well as capabilities of examination. The upgrading of database was done by converting all the data of eleven years from the system legacy to new record system of FinCEN. The company having the upgraded infrastructures of IT helps the organization in receiving, processing and storing all the reports of FinCEN electronically. The organization released FinCEN Query Web-based app. This is an innovative tool for searching that is been accessed by the analytics of FinCEN, enforcement of law, regulatory users and intelligence by providing the real-time for ac cessing the past eleven years data of Bank Secrecy Act. 6. The dependence of financial intelligence is on the effective analytics of data for identification of patterns as well as relationships which reveal the illicit activity. 7.The intelligence has the increased speed as well as ability for detecting the financial launderers as well as terrorist financers. It also helps in disrupting every criminal activities happening within the nation. Research recent financial crimes that FinCEN has detected and disrupted. Explain the role of data analytics in crime detection. The mission of the organization is to provide safeguard for the financial system from the financial crime and promote the security within the nations for analyzing and disseminating the financial intelligence. The unit of fraud detection as well as internal auditors manages the data as well as the system and then process the detection of fraud. The service of real time helps in decision making (Cross, 2016). Reference List Cross, C. (2016). Using financial intelligence to target online fraud victimisation: applying a tertiary prevention perspective.Criminal Justice Studies,29(2), 125-142. Nguyen, T. A., Min, D., Park, J. S. (2015). A comprehensive sensitivity analysis of a data center network with server virtualization for business continuity.Mathematical Problems in Engineering,2015.