BPM (Business Process Management) for Banking

BPM enables banks to automate business processes like account opening, lending or payments to optimize costs. Financial Service providers are increasingly looking to BPM not only as a solution to specific, immediate process improvement objectives, but as a platform that gives them the ability to tackle diverse process improvement initiatives and realize the following benefits:

• Better target and serve your customer
  Economically streamline the end-to-end client management process and guide employees through decision-making process with dynamic process coaches.
• Enable Straight-Through Processing
  Business rules in processes can help automate the routing and processing of tasks — often reducing the amount of human intervention needed by over 80%.
• Create an audit trail
  Detailed process reporting provides complete picture of the process including activities, systems, and participants.

 White papers
Transactional fraud detection - Fighting next generation financial crimesPrevent fraud in credit cards - Look beyond packaged solutions for a holistic approachDynamic BPM for Banking - Optimize cost and improve process agility