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Pegasystems Announces Enhanced Banking Frameworks for Financial ServicesJanuary 17, 2007; 06:14 AM The banking Frameworks, which are available immediately, provide financial institutions with robust business accelerators enabling the rapid delivery of business solutions on the industry’s leading business process management (BPM) suite. A critical complement to Pegasystems’ SmartBPM Suite™, the Frameworks enable greater visibility into business processes and policies and ensure better control of activity and streamlined processes for more agile operations. The enhanced Frameworks exploit the newest capabilities of Pegasystems’ SmartBPM Suite including AJAX “Hover and See” rich Internet application functionality that provides immediate feedback to end users and increased interactivity, speed and usability of a Web application. “Intelligent business process management solutions are helping financial services institutions create an unfair advantage over their competition by delivering a differentiated customer experience across channels and product lines. Utilizing the packaged business components of these banking Frameworks and the advanced capabilities of Pegasystems’ SmartBPM Suite, our customers can more rapidly deliver business solutions and maintain a higher level of agility for continuous process improvement,” said Willy Fox, director of product management, Financial Services, Pegasystems. “This release of these Frameworks demonstrates Pegasystems' thought leadership in the financial services industry and provides our customers with the most robust collection of assets available on a BPM platform.” Pegasystems’ Solution Frameworks provide industry best-practice process templates, data structures, design models and user portals for rapidly creating tailored SmartBPM solutions that deliver productivity, spur growth and ensure compliance. The banking Frameworks empower financial services organizations to readily deal with business change while enabling re-use across lines of business, channels and products. With this increased level of agility, financial services organizations can improve their customer service, detect and manage risk, and dramatically reduce operational and IT expenses. On top of a rich functional base, these versions of the Frameworks contain the following enhancements:
“Pre-built frameworks, models, flows rules and services across industry verticals and horizontal business functions are a key component of any business process management solution,” said Jim Sinur, vice president and distinguished analyst, Gartner. “By coupling their own intellectual property with the assets provided in a comprehensive BPM suite, businesses can accelerate the benefits of efficiency, control and agility throughout their organizations.” About Pegasystems Pegasystems Inc. (Nasdaq: PEGA) provides software to automate complex, changing business processes. Pegasystems, the leader in unified process and rules technology, gives business people and IT departments the ability to use best processes across the enterprise and outperform their competition. Our new class of business process management (BPM) technology makes enterprise systems easy to use and easy to change. By automating policy manuals, system specifications and lines of manual coding with dynamically responsive updates, Pegasystems powers the world's most sophisticated organizations to Build for Change™. Pegasystems’ award-winning, standards-based BPM suite is complemented with best-practice solution frameworks to help leaders in the financial services, insurance, healthcare, manufacturing, life sciences and government markets drive growth and productivity. Headquartered in Cambridge, Mass., Pegasystems has regional offices in North America, Europe and the Pacific Rim. For more information, visit www.pega.com. |
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