EFG Financial Products AG Selects Appian BPM
(Thomson Reuters ONE) - State-of-the-Art IT Infrastructure With Focus on Process ImprovementSupports Swiss Securities DealerVIENNA, VA--(Marketwire - July 27, 2009) - Appian, the globalinnovator in enterprise and on-demand business process management(BPM) technology, today announced that Swiss securities dealer EFGFinancial Products AG, part of the EFG Group, the third largestbanking group in Switzerland (based on BIS Capital Ratio), hasselected Appian Enterprise as its process improvement technologyplatform. EFG Financial Products AG will initially deploy Appian toautomate, manage and improve various workflow processes within thecompany."A focus on process automation and improvement is essential to ourmission of providing the highest quality products and services tomeet the demanding needs of the market and our customers'requirements," said Alex Rüegg, Managing Director, Head of IT at EFGFinancial Products AG. "Appian delivered a completely integratedsolution for process visibility, document and content management andcomprehensive reporting, with an entirely web-based architecture toenable rapid deployment and broad user adoption which is critical toour business operating model."EFG Financial Products AG, a specialist in issuing and marketingstructured investment products, has created an IT platform that setsnew standards in terms of automation, ease of use and speed infulfilling customer demands. The Appian BPM Suite extends the valueof this infrastructure by empowering business users to documentprocesses, identify bottlenecks and enable process improvements.The company identified the Term Sheet Creation process as the first,strategic process implementation, based on the highly manual andtime-sensitive nature of the process and the initial value to thebusiness. The creation time for term sheets must be tracked becausethey are based on current market conditions. The Appian-based TermSheet approval process will help EFG Financial Products AG managerstrack term sheet creation times, while also helping system usersprioritize work and meet deadlines. Appian's integrated BusinessActivity Monitoring and extensive reporting options will provide boththe real-time and historical data needed for continuous processimprovement."Customer-focused industries such as Financial Services are using BPMtechnologies to meet the challenges of a shrinking economy," saidJustin Thomas, Managing Director of Appian Europe. "By standardizingand optimizing repeatable processes, reducing friction in servicedelivery and minimizing employee training times, companies like EFGFinancial Products AG are able to build customer-centric culturesthat help them differentiate in the market and provide a high valueproposition to their customers."About AppianAppian is the Business Process Management (BPM) expert. Appian leadsthe market in BPM innovation, delivering comprehensive, flexible andeasy-to-use solutions tailored to the unique needs of individualorganizations. Businesses and governments worldwide use Appian tosimplify process improvement with the real-time visibility, controland analytics needed to improve business performance. Appian allowsusers across the organization to effectively collaborate and be partof the process of achieving corporate goals. Appian empowers morethan 2.5 million users globally and has a strong customer base in thegovernment, financial services, healthcare, manufacturing andtelecommunications industries. Appian is headquartered in theWashington D.C. region, with professional services and partnersaround the globe. For more information, visit www.appian.com.For Information Contact:Ben FarrellDirector, Corporate Communications+1 703.442.1067Email ContactFor Information Contact:Ben FarrellDirector, Corporate Communications+1 703.442.1067ben.farrell(at)appian.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 27.07.2009 - 10:59 Uhr
Sprache: Deutsch
News-ID 3994
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