Savvion introduces BPM solution

Savvion, a business process management (BPM) company, has introduced Savvion Banking Foundation, a BPM-enabled solution that enables banks to keep pace with changes precipitated by the credit and financial market crisis and to comply with new regulations and requirements, states Market Watch.

It allows banks to monitor and improve business processes across a wide range of banking functions, including loan processing, underwriting and servicing.

"In these volatile times, regulatory agencies are scrutinising financial institutions more than ever," said Dr Ketabchi, president, CEO and founder of Savvion. "Banks' management must be able to monitor, control, and continuously improve their business processes in real-time.”

IMarkup Solutions, a provider of Web-based business process automation and reporting solutions, has changed the company's name to BP Logix, reports Market Watch.

The newly-named BP Logix will leverage a decade of expertise gained from supporting technology and professional services companies and will begin marketing its new products in the first quarter of 2009.

BP Logix software addresses the needs of business users to manage, automate, track, audit and report on critical business processes.

Global 360, a provider of process and document management solutions, has hired Deborah Rosen, a global technology marketing executive, as CMO, according to PRWeb.

In this role, she will be charged with leading all worldwide marketing efforts, including product management, product and corporate marketing, business development and sales operations.

"Debbie joins Global 360 at a time of significant company expansion. Her broad experience and talent will play an important role as we continue to strengthen our leadership position in the BPM market," said David Mitchell, president and CEO of Global 360.