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Tuesday, October 29, 2013
INDUSTRY INNOVATION LUNCH PRESENTATION: THE RISE OF BUSINESS PROCESS AS A SERVICE (BPAAS) IN COMMERCIAL BANKING
This era of shrinking budgets and enhanced technology is driving the adoption of the fastest-growing trend in service delivery: Business Process as a Service (BPaaS). As companies look for every means to remain competitive while reducing costs, BPaaS offers opportunities to leverage best-in-class technology and standardized processes without major capital outlays in either technology or direct resources.
BPaaS offers a “one to many” delivery model that leverages a shared set of tools individual enterprises can tap into on a “pay as they go” basis. Commercial bankers are rapidly adopting this innovative technology to enhance global connectivity and collaboration at a much lower cost than enterprise software upgrades or implementations.
BPaaS solutions offer the advantages of faster implementation, lower investment and maintenance costs, standardized global platforms and processes, collaborative workflows, and enhanced controllership and compliance.
This session will cover the main elements of a BPAAS solution Process, Analytics, Technology and Human Resources. It will discuss how the bundling of the elements into an on-demand service reduces capital outlay and operating cost while driving operational efficiency and process transparency.
Genpact Limited (NYSE: G) is a global leader in transforming and running business processes and operations. Genpact generates impact for 700+ clients including over 100 of the Fortune Global 500. We service over $200 billion in commercial loan volume with more than 5000 commercial lending associates. Genpact offers our banking customers an unbiased combination of smarter processes, analytics, technology, and deep commercial banking domain expertise.
Note: Lunch will be served during the sessions and attendance will be guaranteed to the first 75 registrants. You may register at the conference registration counters.