Process Automation
Case Study: Implement New Online Enrollment and Billpay System
Problem Statement
During this particular engagement the client was faced with: too many interventions to enroll new bank retail accounts; bringing Billpay process in-house and migrate from 3rd party adjudicators; minimizing manual interventions to manage online payments in the back office; and the inability to handle increased volume.
Business Benefits
- Increased new customer enrollment by reducing enrollment time from two weeks to two days
- Reduced cost by bringing processes in-house
- Improved customer satisfaction with more accurate data with less process time
- Supported current and future business goals with a more scalable system
Challenges
- No changes to the underlying applications
- Short delivery time
- Minimize change in the process and systems
How we Helped
Worked with existing teams to:
- Design and develop online enrollment of bank accounts
- Design and develop online payment straight-through-processing
- Migrate 3rd party adjudicators
Disciplines
Application integration - server side integration - IBM Websphere; Java; Workflow - IBM; Document Management - Documentum; Email integrations - Microsoft Exchange
Case Study: Re-Platform Service Requests Processing
Industry
Financial Services
Problem Statement
The client was a global bank with hundreds of branches and thousands of financial advisors in the US. It was identified that a rapidly changing business landscape required a reduction of time-to-market and operational costs, improvement in product flexibility and agility.
Business Benefits
- Business Process Optimization
- Increased Business Agility
- Reduced Operational Cost
- Improved Usability
- Reduced User Training Time
Challenges
- Variety and number of service request types reached 500+ and was continuing to grow, ranging from account servicing to branch administration, trade processing and disbursements. Adding new request types required considerable development and testing effort.
- Branch and Home Office users had to access different systems in order to process some types of the requests, which impacted SLAs and potentially compromised integrity.
- There was no unified view of all outstanding requests making it difficult for the users to track and prioritize their work.
- Old systems were lacking workflow engine making it difficult and time consuming to modify request routing triggered by business process changes.
- Documents supporting requests had to be accessed through separate applications slowing down request processing.
- Multiple disparate systems had redundant data requiring resource extensive data duplication and data synchronization.
- Many applications were based on obsolete technologies leading to incompatibility across systems.
Technical Challenges
- New to the company SOA/BPM methodology and platform.
- Building infrastructure to support new SOA/BPM platform.
- Integration with large number of legacy systems residing on mainframe.
- Parallel development of application functionality and web services exposing necessary data.
- New to the company JSF technology on the front end.
How we Helped
To overcome these challenges 741 Studios suggested to the client to engage in SOA/BPM initiative and to implement a request processing system on the new platform. In collaboration with client teams such system was implemented and deployed into production within 9 months. It is now used by client's branches and home office personnel across the United States. A notable byproduct of this effort is establishing a services governance ecosystem based on the service bus. The resulting service request processing application:
- Provides consistent robust user interface for one-stop shop where both branch and home office users alike can initiate, track, modify and approve various request types.
- Supports sophisticated searching, filtering and sorting capabilities.
- Considers user entitlements while surfacing requests on their lists.
- Provides mechanism to modify workflow depending on the request type, including approval stops in multiple home office departments.
- Provides simple mechanism for on-boarding new request types onto the platform;
- Accommodates client investment in data storage in DB2 databases on mainframe via web services.
- Utilizes client investment into existing content management system.
- Accommodates client technical staff skills in IBM Websphere.
- Provides scalability through asynchronous architecture.
- Serves as a jump-start for Service Oriented Architecture within the firm.
- Serves as a reference implementation of business process management within the firm.
Disciplines
SOA/BPM ecosystem - TIBCO; Web Services - IBM, TIBCO; Composite services; Application integration; Services governance; Java 5; Portal - JSF, AJAX ;Database - Oracle, DB2; Mainframe - DB2, CICS.
