Our decision to choose BPM was a strategic move to deliver agility within changing market conditions
London. UK (PRWEB UK) 24 September 2014
Bizagi customer AgFirst Farm Credit Bank will host a session at this year’s BPM in Banking, Finance and Insurance Conference 2014.
The event, held at the DoubleTree in Chicago, September 29 – October 4, is an expert-led forum focused on leveraging Business Process Management technology to reduce risk, optimize outcomes and deliver a superior user and customer experience.
Bala Sivankoil, Director of Application Development at AgFirst, will take the stage alongside other industry speakers involved in leading BPM programs at top banks and financial services firms, including Credit Suisse, Morgan Stanley Wealth Management, and many more.
The case-study style presentation will feature AgFirst’s first-hand experience of implementing an enterprise-level BPM solution at a financial institution, and will explain:
- How the bank transformed its loans transmittal process in just 16 weeks using agile methods;
- Why an adaptable business model is critical in order to deliver cost-effective solutions - enabling AgFirst to deploy core business logic to the bank’s other cooperatives in 25 percent of the time;
- The role played by Bizagi’s powerful Service Oriented Architecture (SOA) capabilities such as web services, data virtualization and replication; and
- Challenges faced, obstacles overcome and shared best practices.
Bala Sivankoil, AgFirst, commented:
“Our decision to choose BPM was a strategic move to deliver agility within changing market conditions. Above all we wanted to be able to create solutions in a short amount of time. We look forward to sharing our story with other financial institutions and demonstrating how, even with limited time and resources, you can achieve both short- and long-term results with the right BPMS.”
The four-day event, which features tutorials, round table discussions and the now famous “BPM Bootcamp,”will be highlighted by the annual Global Awards for Excellence in BPM and Workflow gala where AgFirst is nominated as a finalist alongside fellow Bizagi customer, Generali PPF Holding.
Bizagi (which stands for business agility) is a privately-owned company run by software entrepreneurs who are experts in Business Process Management (BPM). Over 350 global customers have selected Bizagi to model and automate their business processes which results in improved operational efficiencies, shorter time to market and business agility. Our enterprise customers gain significant competitive advantage by using Bizagi’s software to streamline mission-critical processes (cross-functional, complex and international) as well as mundane daily routines. With global headquarters in the UK, offices in Europe, USA and Latin America, Bizagi is supported by a strong implementation partner network worldwide. For more information, please visit http://www.bizagi.com.
AgFirst Farm Credit Bank is part of the national Farm Credit System, the largest agricultural lending organization in the United States. With assets of more than $27 billion, AgFirst provides funding and financial services to 19 farmer-owned financial cooperatives in 15 eastern states, Washington, D.C., and Puerto Rico. These cooperatives, operating as Farm Credit and Ag Credit agricultural credit associations, provide real estate and production financing to more than 80,000 farmers, agribusinesses, and rural homeowners.
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