Pega


 
Financial Services

There's only one thing that stands between most financial services institutions and their aspirations for growth, productivity, and compliance — and that is the institution itself. Executive management can determine the right path to increasing shareholder value — new products to bring to market, new channels to market through, new ways of realizing synergies, new ways of delivering customer satisfaction — but turning these initiatives into business practices that deliver value is typically a slow frustrating process. The rigidity of existing systems creates compromises, ideas get lost in translation, middle management hews to the old way of doing things, and front-line staff are resistant to change. Smart institutions realize they need to do more than execute the changes that will drive value today. They need a systemic approach to closing the execution gap and driving growth sustainably through business agility.

Enter SmartBPM®

Pegasystems' industry-leading BPM platform, PegaRULES Process Commander® (PRPC), enables financial services institutions to automate and enhance a wide range of business processes for greater business agility. PRPC enables continuous improvement by providing the full lifecycle of application functionality - model, build, execute, and monitor. This allows companies to capture objectives, optimize processes, and drive work to completion. Leading financial services institutions such JPMorgan Chase, Rabobank, American National Insurance, and Franklin Templeton rely on Pegasystems to provide flexible, scalable BPM solutions that enhance their existing systems and deliver increasing value.

Revenue Growth

SmartBPM gives financial services institutions the agility they need to drive revenue growth in complex, changing markets. Institutions can quickly capture best practices into account opening processes that span the enterprise for more effective cross-sales and product bundling. "Build for Change®" solutions enable them to move at the speed their business demands, bringing new products and new offers to market quickly. Sophisticated procedural and declarative rules drive event-based marketing that delivers superior response rates.

Productivity

SmartBPM is much more than mere workflow. While it does intelligently route work to the right users, in many cases it actually does the work - calling on outside systems or third parties to research necessary information, resolving work with sophisticated decision rules, responding to customers, and adjusting multiple systems to drive work to completion. Diverse financial services institutions use Pegasystems' SmartBPM to address a broad range of issues, from common customer service requests to their thorniest, most manual back-office processes - achieving straight-through processing, cutting training times in half, and realizing dramatic productivity gains.

Compliance

SmartBPM not only captures your best practices, but ensures they are consistently applied across the organization with "write once, use anywhere" simplicity, matched by patented rules-inheritance technology that ensures compliance with geographic, product, or customer-related regulations and service levels. Pegasystems' SmartBPM is self-documenting and maintains a complete audit trail - not only of every piece of work, but of the rules that were applied to that work when it was performed. This is a discipline that's critical, given the scrutiny placed on business practices today.

For more information about how SmartBPM addresses the needs of your business, please click on the links below:

Or click here for more information about PegaRULES Process Commander and the SmartBPM Suite.




New Case Study
TD Visa: Improving Customer Service and Increasing Operational Effectiveness In a Growth Business

Learn how businesses use SmartBPM to achieve new levels of growth, productivity and compliance.

   SmartBPM in Action

Credit Card Company Tailors Smart Offers - On Demand

Automatic Dispute Resolution Builds Loyalty

Exception Processing Costs Shrink at Top 10 Retail Bank

Broker-Dealers and Custodians Enhance Exception Handling Across Departments

Global Bank Reduces Cost and Risk in Exception Handling

Top 10 Issuer Delights Cardholders with First Call Resolution

Leading Lenders Speed Time to Market with New Products

Financial Institution Improves Exterprise-wide Service Fulfillment


Global Bank Enhances Payments Straight Through Processing

Credit Card Company Fuels Growth with Quality Campaigns

Lender Improves Recoveries with Better Collections Management

Credit Card Issuer Manages Risk and Satisfaction with Fraud Management











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