Finance Success Stories
Zurich Financial Services (Allied Dunbar) - Business Process Automation
The Challenge:
Zurich Financial Services (ZFS) is part of British American Financial Services. It is the third largest insurance company in the UK in terms of individual life and pensions with over one million clients. It markets financial services through a direct sales force of 3,500 plus several thousand independent financial advisers. New business process automation was needed for both office-based activities and to reach 3500 financial advisers spread around the UK, who are in front of customers every day. To stay ahead of the field, Zurich Financial Services required robust business solutions that not only span the enterprise, but also support continuous process improvement.
The Template Software Solution:
Following a thorough analysis of ZFS business requirements and an assessment of available application development environments, workflow technology, and off-the-shelf applications, ZFS chose Template Software unique ability to cope with business change. The combination of Zurich's understanding of insurance industry processes and Template Software's business process automation technology gave Zurich the competitive edge to remain a leader in their industry. The success of this approach led to a highly sophisticated mapping of Zurich business processes that delivered productivity improvements of 40% in some areas.
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National Financiero (NAFIN) - Securities Trading
The Challenge:
National Financiero (NAFIN), National Investments of Mexico, wanted to upgrade their securities trading system into a real-time trading system using Object Oriented (OO) technology.
The Template Software Solution:
Using Template Software's advanced OO distributed SNAP® technology, NAFIN rapidly developed and deployed their real-time securities trading system. The project encompassed real-time wire service monitoring of security markets, a trade order execution system, a trader analyst workstation, and an integrated settlement and treasury system. Initial securities traded include currency and money market certificates. NIFIN plans to expand capacity to include equity stock options, and derivatives in the next six months. Upon activation, $2 billion per day in trades were supported. Five developers designed, developed, and conducted certification testing for this complex business-critical distributed system in less than one year.
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