Pegasystems to Showcase BPM Solutions at IBM Global Financial Services Forum

CAMBRIDGE, Mass., April 20, 2005 — Pegasystems (Nasdaq: PEGA) will demonstrate business process management (BPM) technology that automates and streamlines key financial services operations at the IBM Global Financial Service Forum April 19–22, 2005 in the Principality of Monaco.


The conference, focused on the thought leadership necessary to grow the banking and financial markets industries, allows for interaction with senior executives from countries around the world. Said Tom Congoran, Vice President, Business Development, Pegasystems, "Our industry-leading BPM platform, PegaRULES Process Commander®, allows financial institutions to automate and enhance a wide range of business processes and adapt them on-demand at the rhythm of business change. Our solutions help address the rapidly evolving financial services industry that is undergoing mergers; acquisitions; and new regulations such as Sarbanes-Oxley, Basel II, and Check 21. Together with our consulting and technology partnership with IBM, we are able to deliver true business transformation and rapid ROI to increase top-line growth, achieve compliance, and reduce costs."


Pegasystems solutions are optimized on IBM middleware and hardware — delivering superior performance and cost of ownership. The optimization on IBM WebSphere® business-integrator server foundation delivers a compelling business-value proposition to leading financial services institutions.

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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