Altair Monarch is the fastest and easiest way to extract data from difficult, semi-structured data 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 customers worldwide save time and money by enabling people with different skill sets to transform data in seconds rather than hours or even days and completely automating repeatable processes.
Monarch offers the fastest and easiest way to extract, organize and combine data for better decision-making.
About Altair Monarch
With Monarch’s simple interface, anyone can easily:
Monarch’s no-code data preparation and analysis features enable people with different skill sets to access and transform data for better decision-making.
Why Altair Monarch?
Monarch will help you with:
Leverage automated workflows that minimize human interaction across the enterprise and automate bank reconciliation tasks. Consolidate thousands of reports and spreadsheets, standardize reporting formats and improve forecasting. Seamless integration with robotic processing automation (RPA) helps financial services drive out inefficiencies from back-office operations and reduces costs.
Fraud Detection in Altair Monarch
Raw data arriving in PDF or text-based reports from clients and 3rd party systems can create confusion due to double payments, cash or billing schemes, or other types of corporate fraud. Altair data preparation solutions can automate the extraction and transformation of data from these data formats and apply advanced fraud detection techniques such as Benfordâ€™s Law or the Gestalt tests.
Automated Regulatory Reporting
Mandated regulations require organizations to provide detailed reporting elements, including current and past data points. It is common for report outputs from legacy systems to be generated as PDF files. Monarch automates the extraction of the required information, allowing organizations to access and clean information previously locked in PDF files and combine it with other sources of data such as XML, HTML, text, spool and ASCII files found in records, invoices, sales reports, balance sheets and more.
Robotic Process Automation (RPA)
Altair fits perfectly with RPA initiatives by automating repeatable data transformation processes using models that ensure standardized report formats designed to meet end-user requirements. Free up resources and reduce errors with a solution that augments RPA initiatives involving messy and difficult data formats.
For more info, read the Monarch Datasheet.
System Requirements for Altair Monarch
To successfully run Monarch, your system should meet or exceed the minimum system requirements shown below. We suggest that your system meet or exceed the recommended system requirements for more effective performance.
Monarch is subscription based. It can be purchased as a Named user license or Server based license.
Monarch is offered in two editions: Monarch Classic and Monarch Complete. It is also possible to add additional components to your license.
With Monarch Classic, you gain access to all of Monarch Classic’s standard capabilities, which include creating advanced data extraction templates, definition of table summaries, and applications of advanced redaction techniques to tables resulting from report extraction.
With Monarch Complete, you gain access to Monarch Classic’s standard capabilities and those of Monarch Data Prep Studio. Monarch Data Prep Studio is a powerful solution offered only in Monarch Complete that is designed to address the most rapid data preparation needs.
With Monarch Data Prep Studio, you can perform:
If you purchased a license for Monarch Complete with Table Extractor, you gain all of Monarch Classic’s standard capabilities plus those of Monarch Data Prep Studio and Monarch Complete Table Extractor, an extremely useful tool for lifting tables from text-heavy PDF reports and exporting them to Monarch Data Prep Studio.
Altair Monarch Support
Your Monarch subscription includes support assistance at Altair. Unlimited access to technical support via e-mail. Free upgrades to publicly available bug fixes and smaller versions.
Contact Altair support.
We recommend the following Altair support and resource pages:
Alfasoft offers first-level support to its Altair customers.
Explain your problem in detail when you contact us.