BNP Paribas will implement the platform of simulation calculations

On June 26, 2014 it became known of the beginning of implementing solution of Dassault Systèmes company - 3DExperience in BNP Paribas bank.

Project Tasks

The BNP Paribas Securities Services bank announced intention to implement platform 3DEXPERIENCE and the solution "Factory of Innovations" for process optimization of management of banking products entering it and accelerations of development of new.

Platform 3DEXPERIENCE will provide to the staff of BNP Paribas Securities Services access to the specialized solution for product lifecycle management which allows to work on a centralized basis with information relating to development of new financial services since intention or formation of the idea, and finishing with commercial start. By means of this solution employees of different bank departments, being in geographically remote points, will be able to communicate in a digital form that will allow to simplify product lifecycle management of bank and to reduce time to market of new products.

The bank sees advantages in application of a new development approach of products. According to responsibles of bank, it will help the teams working in different bank branches to effectively exchange knowledge and to simplify processes. According to internal estimates, use of the platform will accelerate process of an output to the market of new financial products for 20%.