Retail banks today face significant challenges in bringing new products and services to market while simultaneously navigating increased competition, managing complex information systems and ensuring regulatory compliance.
As the longest established vendor supporting the wholesale banking Exceptions and Investigations market, Pegasystems Inc. (Nasdaq: PEGA) today announced its Business Process Management (BPM) software now supports 60% of the world's global payment investigations volume, with a total value exceeding $1 trillion daily.
Up to 19 banks have been lined up for pilot trials of a new SwiftNet service for automating payments exceptions across the financial messaging network.
Pegasystems Inc (NASDAQ: PEGA)., the leading provider of smart business process management (BPM) software (NASDAQ: PEGA) and SHS Informationssysteme AG(XETRA:SHSG.DE), the leading European provider of customer risk and value management solutions, today announced that they have formed a strategic partnership to promote Pegasystems technology amongst customers in Germany, Spain and Portugal.
Massachusetts-based Pegasystems says customer license signings "decreased significantly" in the first quarter of 2005 from the previous quarter and will need to improve substantially if the vendor is to achieve projected sales targets for 2005.
With more than 18 years of experience providing card services solutions to the worldwide marketplace, Pegasystems Inc. (Nasdaq: PEGA) today announced that its PegaCARD suite of solution frameworks is now supporting more than 350 million cards driving over $1.5 trillion in card payments annually.
Rabobank of the Netherlands is to use business process management technology from Pegasystems for automation projects in trade finance and payments processing.
Pegasystems Inc. (NASDAQ: PEGA) announced today that GMAC-RFC has selected its PegaRULES Process Commander solution as part of an initiative to provide easy-to-use, rules-driven technology that enhance the company's business process management capabilities.
Business process management vendor Pegasystems has marked down 2004 earnings guidance and announced the resignation of chief operating officer Henry Ancona.
On the strength of continued success and visibility in the business process management (BPM) market, Pegasystems Inc. (NASDAQ: PEGA) today announced the addition of senior executives Michael Wallrich, senior vice president, Global Sales, and Douglas Kra, vice president, Global Services.
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