Financial and Insurance Companies Improve their Operational Processes with AuraPortal Helium iBPMS
August 5, 2015 – AURA (www.auraportal.com), a global provider of AuraPortal. Business Process Management (BPM) software, positioned at the Top of the “Visionaries” in Gartner’s “Magic Quadrant for iBPMS 2015“, has revealed that AuraPortal’s iBPMS almost immediately increases revenue and operational security.
Igna Almar, Sales Manager at AuraPortal, commented “This is a high risk industry, therefore companies need complete control of all their internal and external processes, from the beginning to the very end of each one.”
AuraPortal iBPMS is one of the most advanced management tools on the market for financial and insurance companies. The software enables the almost immediate optimization of resources, increased credit and operational security, procedure standardization, greater customer satisfaction, reduction in costs and a great agility and responsiveness to market changes.
Not all technology is suitable to successfully manage improvement projects in the financial and insurance industries. Indeed the technology must meet specific requirements such as flexibility, adaptability, rapid execution, reliability and modernity in accordance with current and future times.
AuraPortal iBPMS is designed to be easily integrated with all types of external applications and any technology, including non-web-based applications. Thus, the organization may continue to use their existing programs (ERP, legacy systems, etc.) and integrate AuraPortal to benefit from its capacity and power.
Furthermore, it offers a new way of managing corporate Regulations (including all mandatory, voluntary and internal regulations) which are seamlessly integrated in all other operational and administrative processes performed in the entity. AuraPortal guarantees the strict compliance of all regulations including Basel II/III, Solvency II, Patriot Act, AML, SOX, quality, Information Security, Occupational Safety, Personal Data Security, Health and Hygiene, etc.
When designing the company’s work processes, all regulations are taken into account and tasks are included to ensure their strict compliance, therefore the necessary actions are automatically activated at the right time. As a result there is a drastic reduction in risks, work (costs) and response times.
Although the scope of AuraPortal is universal, it specifically optimizes the following main management areas of Financial Institutes:
1. Global Risk Management
2. Strategic Customer Management
3. Corporate Document Management
4. Purchasing and Supply Management
5. Outsourcing Management
6. Human Resource Management