Financial Services Sector Demands Investment in BPM, SOA by Brandon Dean

 

clip_image001Recently we’ve talked a lot about the customer experience and why it’s so critical to ensuring the future of a business’ success. A perfect example of this can be found in the financial services sector. Customers are getting used to technologies that allow them to do things a certain way—and simply won’t settle for anything less.

People want to check their balance, deposit checks and transfer funds while sitting on the subway. An old-school online banking system or homegrown loan processing application from 2001 is likely to face a real uphill climb in the mind of today’s consumer. In order to differentiate your products and services in a timely manner, organizations need to be able to quickly launch new solutions that meet customer demands.

Business Process Management (BPM) technology offers incredible promise to companies in the financial services sector. BPM software promises to increase efficiency, visibility and agility. It removes the complexity from managing business processes. Integrated with Service-Oriented Architecture (SOA), disparate applications can be linked across diverse groups of business lines and functions, and IT architecture—improving overall process efficiency. BPM and SOA technology can: Read the complete article here.

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About Jürgen Kress
As a middleware expert Jürgen works at Oracle EMEA Alliances and Channels, responsible for Oracle’s EMEA Fusion Middleware partner business. He is the founder of the Oracle SOA & BPM and the WebLogic Partner Communities and the global Oracle Partner Advisory Councils. With more than 5000 members from all over the world the Middleware Partner Community is the most successful and active community at Oracle. Jürgen manages the community with monthly newsletters, webcasts and conferences. He hosts his annual Fusion Middleware Partner Community Forums and the Fusion Middleware Summer Camps, where more than 200 partners get product updates, roadmap insights and hands-on trainings. Supplemented by many web 2.0 tools like twitter, discussion forums, online communities, blogs and wikis. For the SOA & Cloud Symposium by Thomas Erl, Jürgen is a member of the steering board. He is also a frequent speaker at conferences like the SOA & BPM Integration Days, JAX, UKOUG, OUGN, or OOP.

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