Financial Services Overview
Automate and Streamline Financial Business Processes

 

The financial services industry is juggling the challenges of reducing IT costs while automating as many business processes as possible to become more efficient. A key focus is minimizing the costs and risks posed by open and unsettled transactions.

Benefit from Straight-through Processing (STP)

Vitria delivers out-of-the-box functionality that solves specific high-impact business problems in the financial services industry. Straight-through Processing (STP) provides efficiencies to financial institutions, reducing operating costs and minimizing the risks from open and unsettled transactions.

At the same time, automated exception resolution minimizes bottlenecks and inefficiencies, while visibility is provided into the lowest levels of business process operations to ensure greater risk management.

Vitria uses both pre-built and custom business process integration software to automate end-to-end exception handling workflows as well as business processes between internal systems and with external counterparts.

With pre-built application connectors and industry-standard public transaction processes, Vitria’s financial services offerings are designed to be non-disruptive in deployment and leverage existing IT infrastructure, extending functionality and enabling real-time processes.

Business Benefits

Rapid deployment
Short-term ROI
High scalability
Robust platform for growth

Vitria offers the following financial services solutions:

 

Straight-through Processing
Reduces operating costs and minimizes the risks from open and unsettled transactions

Financial Messaging
Tools to streamline financial messaging interoperability.

Reference Data
best-of-breed products for reference data and application integration, engineered to work together as a rapid deployment platform.

 
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Banking Industry
Investments Industry
Insurance Industry
M3O Exception Manager
M3O BPM
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