Appian selected for process improvement

The Office of the Comptroller of the Currency (OCC) has selected the Appian BPM Suite for process automation and improvement, states TMCnet.

Officials with Appian said the company will provide the technology platform and consulting services to create OCC's personnel administration and security system, a new enterprise system to automate on-boarding, off-boarding and security processing for all OCC employees and contractors.

This contract includes an initial award with a value of over $2.1 million for the initial phase with options to more than $3.6 million to be exercised.

Columbus Technical College has adopted business process management software to streamline IT purchases and for other operations, writes Campus Technology.

The Georgia college is working with Process Director from BP Logix, which combines functionality for workflow, business intelligence, document management, electronic forms, and reporting.

Initially, the IT organisation sought improvements in its business functions by mapping out its processes - such as purchasing - on a whiteboard and converting paper-intensive operations into automated workflows that ran on home-grown online applications.

UK-based F&C Asset Management has selected SmartStream Technologies' TLM Trade Process Management platform to deliver a single integrated system across its middle and back office, says Banking Business Review.

According to SmartStream, its TLM Trade Process Management will deliver a single platform capable of processing equities, derivatives, FX and MM transactions in a consistent and coordinated manner for F&C.

The TLM solution will manage the trade from point of execution through to confirmations via the Omgeo CTM matching utility. To reduce operational risk and cost and to ensure F&C meets internal and customer SLAs and market deadlines, TLM Trade Process Management will deliver cross-asset, pre-emptive exception management and alerting.