Appian said that the Office of the Comptroller of the Currency (OCC) has awarded a new contract to expand its use of the Appian BPM Suite.
The new contract covers creation and roll-out of the BPM-based Central Application Tracking System (CATS) that will automate the mission-critical submission and processing of paper-based licensing and regulatory filings U.S. commercial banks submit to the OCC.
The OCC is the agency of the U.S. Department of the Treasury that oversees the execution of laws relating to all national banks, and establishes rules and regulations governing the operations of those banks. CATS specifically targets the agency’s core mission of the entire process for licensing and chartering U.S. federal banks, thus ensuring the safety and soundness of the national banking system. In combination with the OCC’s previously-announced BPM-based Personnel Administration and Security System (PASS), the two contracts demonstrate OCC’s commitment to BPM as a means to transform agency operations and performance.
Following a two-year evaluation of solutions from all of Appian’s traditional BPM competitors and two independent competitive solicitations, OCC chose Appian for the power and simplicity of its BPM suite, its proven enterprise BPM deployment methodology, and its numerous government and financial services customer references.
For the CATS project, Appian and its financial services expertise partner Oakbrook Solutions will work under prime contractor and systems integrator REI Systems, of Herndon, VA. Appian will supply its BPM platform and consulting services, while Oakbrook will provide key subject matter support in the areas of change management and training.
“Agencies of the federal government are looking to BPM to improve areas of common pain, such as procurement and sourcing or HR processes, as well as the mission-critical processes that are unique and core to an individual agency,” said Matthew Calkins, president and CEO of Appian. “OCC demonstrates both trends very clearly through the breadth of their BPM program.”***
If you are buying technology, RFPConnect is the place to meet the companies
that are selling it. RFPConnect provides templates for buyers to issue Requests
for Information (RFIs), Reguests for Proposals (RFPs) and Requests for Quotations
(RFQs). The site also provides a searchable directory and database of technology
vendors across the full range of industrial, commercial, financial and public sectors.
If you are selling technology, RFPConnect is the place to showcase your applications
or consultancy skills in searchable directories and product databases. The site
also provides technology vendors with the opportunity to publish news releases about
version upgrades, mandates won and other news about the company. Last but not least,
the RFP Exchange is a source of new business opportunities in the private and public
sectors.
To register your organization and its products, click the Register Now
link on the right hand side of this page and follow the registration procedure.
It will only take a few minutes - but it could lead to millions of dollars.
PriceMetrix is a software firm that helps retail wealth management firms and their advisors optimize selling efforts, manage clients, identify growth opportunit ...
Steve Husk, CEO of FRSGlobal, discusses the factors financial institutions are faced with in order to equip themselves against the current regulatory environment.
The adoption of IFRS for Canadian companies is in full swing. As of January 1, 2010, Canadian companies are required to file financial statements under IFRS. Although Canadian GAAP and IFRS are similar, there are three main differences that have posed a challenge for companies: effectiveness testing, hedge accounting eligibility, and fair value measurement. While not an exhaustive list, these issues have posed the greatest challenge for Canadian corporations during the first quarter of 2010. The following paper clarifies some of the differences in hedge accounting between Canadian GAAP and IFRS and shares best practices for hedge accounting to help Canadian corporations navigate through the transition.
With this Spring 2010 Edition of the Phone System Comparison Chart quickly see differences between brands like Avaya, Mitel, Cisco, ShoreTel, 8x8, Panasonic, etc and compare over 94 phone systems by 52 brands for small to big business.