BPM Leader Pegasystems to Address Critical Industry Issues at SIBOS

CAMBRIDGE, Mass. – October 1, 2007 – At this year’s SIBOS event held in Boston, 1–5 October 2007, Pegasystems (NASDAQ: PEGA), the leader in Business Process Management (BPM), will address critical industry issues effecting the financial services industry and demonstrate its powerful industry frameworks, SWIFTReady Gold-accredited Smart Investigate™ solution, and other market-leading offerings at Booth G03.


Monday, October 1, 2007
3:30 p.m. – 4:00 p.m.
Exhibition hall, Row G, Booth 25
Pegasystems to Present “Building an Exception and Case Management Backbone across the Payment Value Chain
Straight-through-processing is the utopia for the payments business, but when automation falls short, institutions have to deal with the reality of exceptions and its impact on the customer’s experience. Business Process Management (BPM) technology is helping organizations address these problems throughout the payments value chain. As the technology backbone for exceptions and case management activity across the enterprise, BPM helps realize the promise of SWIFTNet Exceptions & Investigations (E&I) as well as deliver accelerated customer on-boarding, accurate KYC compliance, transparent fraud and AML investigations, and other mission critical functions. Hear from JP Morgan Chase about how it is using BPM technology to solve its most challenging operational problems including the orchestration of SWIFTNet E&I messaging. In addition, learn about how this institution and others are using BPM to drive revenue growth, enable operational efficiencies, improve customer service and accelerate time to market across regions and lines of business.    


STOP PRESS: Following recent testing and customer validation at JP Morgan Chase, the 2007 SWIFTReady Gold Exceptions & Investigations label has been awarded to Pegasystems Smart Investigate for Payments 5.1.


Thursday, October 4, 2007
2:00 p.m. – 2:30 p.m.
Exhibition hall, Row G, Booth 25
Pegasystems to Present “Meeting Regulatory Requirements and Reducing Losses with Fraud and AML Alert Management
Fraud and Anti-Money Laundering (AML) regulations are exacting an ever-increasing toll on financial institutions. Mandates by international governments and internal policies to increase transparency in business transactions have created a whole new budget category for companies. Hear how financial institutions are using BPM to address their fraud and AML requirements. With centralized Fraud and AML case management, organizations are gaining visibility into their alerts, reducing risk exposure, and reacting to ever changing regulatory requirements.


Pegasystems will also be available throughout the show at Booth G03, providing demonstrations and speaking with attendees about the value that BPM is already delivering to its hundreds of financial services accounts.  “Financial organizations using our solutions are seeing dramatic results across areas of new business, customer relationship management and risk, fraud and compliance management,” said Willy Fox, senior director of Financial Industry Solutions at Pegasystems.  “Our customers typically are achieving 30% new business volume, 5% increase in customer retention, and 40% increase in productivity.  With our leading BPM technology, customers are solving their most difficult operational problems more rapidly and creating a service backbone to more broadly enable agility across their entire organization.”

About Pegasystems

Pegasystems (NASDAQ: PEGA) develops strategic applications for marketing, sales, service, and operations. Pega’s applications streamline critical business operations, connect enterprises to their customers seamlessly in real-time across channels, and adapt to meet rapidly changing requirements. Pega’s Global 3000 customers include many of the world’s most sophisticated and successful enterprises. Pega’s applications, available in the cloud or on-premises, are built on its unified Pega 7 platform, which uses visual tools to easily extend and change applications to meet clients’ strategic business needs. Pega’s clients report that Pega gives them the fastest time to value, extremely rapid deployment, efficient re-use, and global scale. For more information, please visit us at www.pega.com.

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The information contained in this press release is not a commitment, promise, or legal obligation to deliver any material, code or functionality. The development, release and timing of any features or functionality described remains at the sole discretion of Pegasystems, Pegasystems specifically disclaims any liability with respect to this information.

 

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