BANKING
BPM Program Rollout
This global bank was in dire need of a stellar BPM program rollout across all their business verticals. Princeton Blue redefined and redesigned their entire process while leveraging Agile methodology.
Business Need
This leading Global Bank with assets nearing $25 Trillion in Custody need BPM Program rolled out with Agile methodology. Over the years, their business areas span across Wealth Management Processes, Global Investment Services – Cash Reconciliation Exception Handling, International Settlements and Clearing, Asset Services, and BPM COE- Pain Points
- Solution
- Benefits
-
Business Processes embedded in to legacy applications
-
No visibility into process execution
-
Not scalability and other performance issues
-
Lack of flexibility and hard coded rules
The current solution deployed by Princeton Blue leveraged Agile methodology with a focus on:
-
Business requirements harvesting from legacy applications
-
Combining with new business requirements
-
Modern approach to solution
-
Agile methodology to execute large BPM Program
-
Significant efficiency through automation
-
Ability to review, verify and authorize many new initiatives in parallel
-
60% asset reuse
-
Significant reduction in development cost
-
Faster time to market