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Business Process Management for Capital Markets

Business Process Management for Capital Markets

A recent review of many top global capital markets firms showed that operations and technology spending ranges from $4 billion to $6 billion annually. Many of their current initiatives seek to address complex record keeping and reporting requirements imposed by government regulations.

New market and regulatory demands are forcing capital markets firms to converge data in a way never previously imagined.

Firms are under pressure to control processes, satisfy regulators and save money by reducing redundancies. To do that, the silo doors must be unlocked—and BPM is the key.

BPM and automation represent the next technology frontier for these organizations. Automation of business processes in capital markets firms may be compared with the promise of factory automation a century ago, but with far greater complexity, risks and rewards. We are just now beginning to codify our office “manufacturing” processes, selectively applying automation tools that will trigger rapid change, much as the assembly line did. BPM initiatives, properly designed and deployed, can reduce process time and related expenses dramatically while supporting compliance with the myriad laws and regulations that govern the capital markets.

For capital markets firms to survive, they must maintain profit margins by delivering more comprehensive products and higher-value services. To deliver new products and services in a cost-effective manner, organizations must take advantage of automated workflow and business process management.

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Business Business Process Management for Capital Markets White Paper

posted by Victor Lloyd Smith @ 10:04 AM