The name of the base system (platform): | IBM Business Process Manager (BPM) |
Developers: | IBM |
Branches: | Insurance, Financial services, investments and audit |
Technology: | BPM |
The industry packet for the financial sector (banks and insurance companies) – Banking Pack – is constructed on the IBM Business Process Manager system and based on the standards IBM IFW, ISO 20022, SEPA. The bank processes recommended for automation:
- crediting of individuals
- service of the credits
- corporate crediting
- sale of banking products
- investment management
- management of client affairs
- transfer of "paper" processes to electronic document management
For insurance companies processes can be the following:
- settlement of losses (including. Comprehensive insurance, CMTPL)
- life insurance
- underwriting
- management of documents
- conclusion of difficult agreements and their maintenance
- collecting of arrears
Given perechn processes it is given as an example, it is possible to automate also hundreds of other processes.