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  • 01:00 am

Bpm'online, who provides a unique synergy of BPM technologies and CRM to empower organizations to accelerate their time-to-strategy execution, is thrilled to announce a major update of its intelligent BPM and CRM product line. The latest version, bpm’online 7.10, features enhanced tools to help businesses accelerate time-to-strategy execution. In all, there are over 200 enhancements and updates that are now available in bpm’online 7.10. The company consistently updates its tools for business process management to enable users to change and optimize processes faster than ever. 7.10 version features new process elements to enable automated or manual email sending on any step of the process. The release also features tools that enable users to more effectively manage business process versions with enhanced version control capabilities.

Bpm’online continues to improve the dynamic case management capabilities of its products to help businesses streamline unstructured, “untamed” processes. The list of improvements includes tools that enable users to specify a custom sequence of steps for case stages as well as create several case flows for one section. For example, users can configure different case flows for opportunity management within different sales categories. In addition, users are now also able to effortlessly create, set up and launch cases in the Section Wizard.

Bpm’online 7.10 has been complemented with intelligent Natural Language Processing tools for enriching customer profile with the most accurate data from incoming emails. This eliminates the need to manually search for the customer data in incoming emails - the system will automatically analyze the email content and enrich contact information or even add a new content based on obtained data.

The latest release includes a revamped global search capability that enables users to swiftly search for the necessary information across all bpm’online sections which drastically simplifies the process of working with big volumes of data. The system automatically searches all sections and provides any relevant information including object name, text fields or file attachments and will also take into account morphology and typos ensuring a successful search.

As a part of this release, numerous improvements to the system’s case management capabilities spanning from case registration to case closure were made. For example, bpm’online can now automatically register a new contact from the incoming email or work with anonymous cases. Other features include the ability to schedule case notifications, close or reopen cases based on the users’ feedback, automatically register cases from the website, tools to more effectively manage customer feedback as well as an ability to determine the case lifecycle stages.

Bpm’online 7.10 makes it even easier for field sales to manage their visits schedule by taking into account the route, average duration and frequency of visits, and schedule with a new section for cyclic task management. Moreover, the new release allows for the entering of product prices directly from the mobile app thanks to updated SKU monitoring capabilities.

Users can now more efficiently manage information about the changes in the employee’s career history within the organization; create new employee onboarding plans and effectively manage other HR initiatives with updates to the Employees section.

The latest mobile app version update includes the ability to view bpm’online extensive dashboards as they would be available in the desktop version. With a smartphone or a tablet, users can now more effectively track their key performance indicators, analyze the efficiency and instantly react to the latest changes.

Version 7.10 enables users to easily configure the system and manage the development packages without a built-in SVN client. The latest system update also offers user capabilities for business rules setup, which allows for easy user customization of the system, without involving the IT department.

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  • 05:00 am

SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced the appointment of Oliver Johnson as Managing Director, Asia Pacific. 

Oliver joined SimCorp in May, will be based in Singapore, and reports to Jochen Müller, SimCorp’s Executive Vice-President, EMEA and Asia Pacific.

Reinforcing SimCorp’s growing Asia Pacific footprint, Oliver will be responsible for overseeing all management, operations, sales and distribution, plus enhancing client relationships to drive the business growth of SimCorp’s integrated solution offerings across the region. Oliver brings with him more than 12 years of financial services and software industry experience, of which six years involved leading complex customer relationships and projects at a senior management level in Asia.

Commenting on the appointment, Jochen Müller said: “I am delighted to welcome someone of Oliver’s caliber to the SimCorp Asia team. Oliver’s wealth of experience in the industry will help us maintain our high quality of client service and attract new clients as we continue to invest in the region as part of our Vision 2020 goal. Oliver and his team represent our ongoing, long-term commitment to the Asia Pacific region.”

Oliver Johnson added: “SimCorp’s depth of experience in APAC and the quality of its talent are well-known in the financial services industry and was one of the key attractions for me to join the team. The average tenure of SimCorp’s team in APAC far exceeds the industry average and demonstrates the company’s dedication to providing clients with not only the best people, but also the continuity of a long-term vision. I am excited to be given this opportunity to develop the business regionally and to help our current and future clients unlock more value through SimCorp’s world-class solutions.”

Prior to joining SimCorp in May, Oliver was most recently Managing Director at eFront Singapore, where he was responsible for managing operations across APAC. During a 12-year career with eFront, he worked in London, Dubai, Australia and Singapore, with experience in growing the business’ Asian footprint.

Oliver Johnson takes over as Managing Director from Nick Quin who after a long successful career at SimCorp resigned to move back to New Zealand in early 2017.

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  • 03:00 am

Australia Post will partner with the Federal Government to develop user-friendly solutions for the public to access government's digital services.

Australia Post will work with the Digital Transformation Agency to integrate its own identity technology into the Commonwealth's Digital Identity Framework.

The partnership will focus on developing a proof of concept to help government agencies enhance how they provide access to services online and over the counter.

Australia Post Managing Director & Group CEO Ahmed Fahour said the partnership reinforces Australia Post's commitment to helping people connect to important government services such as health and community services.

"Our new Digital iD™ platform provides Australians with greater choice and control in how they prove their identity online," Mr Fahour said.

Mr Fahour said there are millions of interactions with government and private sector organisations each year that are time consuming, requiring people to produce at least two or more forms of ID to prove who they are. 

"Our research shows these processes cost the Australian economy up to $11 billion a year in proving identity alone, and can be unlocked by making it easy, safe and secure to prove that you are who you say you are when interacting online," Mr Fahour added.

"We envisage an identity solution, like Digital iD™, could unlock significant benefits for everyday Australians doing business with government."

The Commonwealth's Digital Identity Framework is a set of standards, processes and partnerships to guide the Government's formation of a federated system of identity providers.

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  • 09:00 am

Through our Customer Security Programme, SWIFT is setting global customer security standards and increasing the overall level of transparency on cybersecurity among users of the SWIFT network.  

In April SWIFT published the Customer Security Controls Framework, a detailed description of the mandatory and advisory customer security controls. This new Framework provides a security baseline for the community.  

To complement this, SWIFT is today publishing the Customer Security Controls Policy which sets out the terms under which your self-attestations must be submitted. The Policy also describes the procedures governing how you will be granted access to view your consenting counterparties’ attestations.

Stephen Gilderdale, Head of SWIFT’s Customer Security Programme, said “One of the key principles of the self-attestation process is to create momentum to drive improvements in security and risk management. Soon you will be able to request to view your counterparties’ self-attestations to support your cyber-risk management processes and business decision-making.”

The Customer Security Controls Policy contains further information on:
The requirement to self-attest against SWIFT’s mandatory security controls.
The process and timelines for submitting your self-attestation data to The KYC Registry Security Attestation application.
The process for viewing your counterparties’ self-attestation data via The KYC Registry Security Attestation application.
Follow-up actions in cases of late submission and non-compliance.

We strongly urge you to consult this document and to begin preparing yourselves. Self-attestations should be submitted via SWIFT’s KYC Registry Security Attestation application, which will be open for the submission and consumption of self-attestation data from July 2017 onwards. All SWIFT users must have submitted a self-attestation by the end of December 2017. SWIFT reserves the right to report supervised users that have failed to submit their self-attestations to local supervisors from January 2018, and to report non-supervised users to their messaging counterparties.

One of the key principles of the self-attestation process is to create momentum to drive improvements in security and risk management. Soon you will be able to request to view your counterparties’ self-attestations to support your cyber-risk management processes and business decision-making.

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  • 03:00 am

The Euro Banking Association today issued a new information paper looking into potential benefits and use cases of cryptotechnologies in the context of international payments and more specifically correspondent banking practices.

Cryptotechnologies in international payments was delivered by the EBA’s Cryptotechnologies Working Group, which brings together experts from EBA member organisations to explore promising business models for distributed ledger technology in relation to payments and transaction banking. 

“Having analysed the value that cryptotechnologies could bring to supply chain finance processes, we felt that international payments was another area that could strongly benefit from the use of this technology,” said José Vicente, Deputy Manager in the Marketing Department (Cards and Payments Unit) at Banco Comercial Português, and Chair of the EBA’s Working Group on Cryptotechnologies Working Group. “Our information paper shows how this technology could support industry players in meeting user expectations regarding speed, transparency and cost. We strongly believe that collaborative initiatives in this area, in particular, could unlock significant value for payment service providers and their customers.” 

The EBA analysis explores the opportunities that distributed ledger technology holds for payment service providers in terms of lowering operating costs, modernising the international payments value chain and maintaining compliance with key regulatory requirements in markets around the world. The paper further covers specific use cases, such as distributed KYC registries and low-value P2P/B2C payments. The EBA’s Cryptotechnologies Working Group will continue to work on the topic of international payments: an evaluation of implementation scenarios in international payments and the exploration of security issues in the use of cryptotechnologies are next on the agenda of the group.

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  • 08:00 am

Coupa Software, a leader in cloud-based spend management, today announced Coupa Release 18 (R18), its second major cloud platform update this year. R18 gives customers more than 50 updates to existing platform applications, all designed to increase the depth of spend management processes to drive even more customer value. 

The release expands global regulatory compliance, enhances administrator control, and adds new capabilities across the entire Coupa platform from travel and expense management to e-invoicing, inventory, and more. New applications available as part of R18 will be announced in separate press releases.

As with past Coupa platform updates, R18 was designed just four months after R17 with a collaborative and innovative approach that involved customer ideas and feedback through the active Coupa Community and Coupa Advisory Boards.

“We’ve been a Coupa customer for five years now and it’s great to see them keep up their fast rate of innovation,“ said Bryce Berg, vice president of business services at Molina Healthcare. “We're looking forward to taking the R18 update soon.”

Born in the cloud, Coupa delivers a modern spend-management platform that accelerates business by unifying processes across all the ways employees spend money. These processes cover travel and expense management, procurement, invoicing and related source-to-settle areas. Using the Coupa Open Business Network, the platform has connected more than 2 million suppliers and delivers a powerful solution for businesses committed to controlling their spend.

“This release adds so many deep new features from expenses to global e-invoicing to inventory and more. Wrapping all of it is a new brand control capability that lets customers personalise their entire Coupa experience in seconds,” said Raja Hammoud, vice president of product marketing and management at Coupa. “I’m proud of how our special customer collaboration allows us to reinvent spend management with each rapid release.”

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  • 05:00 am

Yerra Solutions AG, a global provider of innovative solutions for in-house legal & IP, eDiscovery and compliance, has launched a cutting-edge new solution to help companies better manage IP portfolios. The technology-enabled solution is dubbed the "IP Magic Triangle" because it offers a more automated way of linking the three critical components of an organization when it comes to handling its intellectual property assets – namely the IP department, legal department and the business from a product perspective.

Traditionally, collating the data and information needed to fully maximize the value of IP and minimize risk to the business around IP has been a highly manual process. Merging product information with IP rights details and contract terms has always been a time-consuming and costly special project. Yerra is offering an option to automate establishing, managing and maintaining this model.

"This innovative product is uniquely placed in the industry to truly ensure maximum value from the portfolio and business transparency. Applicable to all industry sectors, connecting this data and establishing the linkages from a product perspective is invaluable. I'm excited about another innovative product and solution developed by the highly skilled team here at Yerra," notes Nadine Stuttle, Managing Director, Switzerland and senior IP expert at Yerra Solutions.

Some of the advantages offered by the Yerra IP Magic Triangle Solution:

-        Actively manage contractual expiries and renewals in line with IP asset management timelines whilst also reducing risk

-        Access to in-depth reporting capabilities against the portfolio to ensure maximum value

-        Ability to view loss of exclusivity and patent expiry per product, and levels of product syntax

-        Ability to link IP and contractual aspects to all levels of the defined product syntax

-        Significantly reduces cost and time spent in establishing linkages, as opposed to manually establishing

You can learn more about this solution at the INTA Annual Meeting in Booth F28.

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  • 07:00 am

NopSec, a world leader in cybersecurity controls measurement and risk remediation, today releases E3 Engine, the only validated security analysis technology that enables governments, enterprises, and mid-size organizations to evaluate its unique threat data, actively explore and assess the effectiveness of its mitigating controls, and enrich its remediation prioritization information.

By codifying decades of penetration testing knowledge and machine learning automation, NopSec created the most advanced cybersecurity analysis technology featuring:

  • 30+ Unique Threat Data Feeds 
  • Validated Security Analytics 
  • Machine Learning 
  • Active and Passive Exploit Checking 
  • Social Media and Dark Web Threat Intelligence 
  • Precision Risk Scoring
With E3 Engine, organizations now have the ability to safely and actively exploit their vulnerabilities in between penetration tests, adding a layer of security control validation and risk remediation to their IT environments. It is also capable of escalating exploit-obtained privileges across the network to move laterally and eventually to an entire domain compromise.

"Real world motivated attackers do not use vulnerability scanners to decide which targets to tackle first," says NopSec CTO, Michelangelo Sidagni. "They use a combination of port scanning and expert experience to judge misconfiguration and vulnerabilities correlated to exploitation techniques. The real proof of vulnerability presence and lack of mitigating controls is the actual successful exploitation, privilege escalation, credential compromise, and domain compromise."

 

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  • 07:00 am

Fujitsu Laboratories of Europe is hosting its fifth annual Fujitsu Innovation Gathering today in Berlin, unveiling a number of significant AI advances for diverse applications, including energy, healthcare, manufacturing, and finance. Held alongside the German stop of the Fujitsu World Tour, the Fujitsu Innovation Gathering is a unique annual opportunity to experience the cutting edge of Fujitsu’s R&D activity. This year’s focus is on digital co-creation with customers and partners, illustrating the important role of co-creation in achieving successful digital transformations. The combined event features a packed agenda of keynotes, expert presentations and panel discussions, as well as the innovation exhibition.. 

On show for the first time in Europe are two new solutions developed by Fujitsu Laboratories of Europe that form part of Fujitsu's human-centric AI initiative called ‘Zinrai’. These include an important deep learning technology breakthrough, involving a novel and highly efficient memory distribution mechanism for Deep Neural Networks (DNNs) that enhances existing infrastructure capacity to address large-scale AI applications without the need for further investment. In the smart energy domain, a new AI-based Smart Energy platform is being demonstrated to improve grid efficiency, building on Fujitsu Laboratories of Europe’s participation in the Horizon 2020 SmarterEMC2 project. The new solution combines Fujitsu Laboratories of Europe’s advanced AI-based analytics with an integrated platform that gathers and analyzes data from a range of sensors and other sources in the energy grid. The initial use case demonstrates how the analytics technology can be used to co-ordinate and implement residential peak load shifting for energy retailers or virtual power plant operators to improve efficiency.

Co-creation represents a key strategic element in Fujitsu Laboratories of Europe’s activity, as Dr Tsuneo Nakata, Chief Executive Officer of Fujitsu Laboratories of Europe, explains: “We are the centre of excellence for Fujitsu’s advanced research into machine learning and deeplearning, as part of the digital solutions and services being developed under Fujitsu's human-centric AI initiative called ‘Zinrai’. This involvesextensive collaboration and co-creation with Fujitsu customers and research organizations across EMEIA, working to find solutions to real-world problems. An example includes our partnership with San Carlos Clinical Hospital in Madrid, where we are working together to improve the treatment of mental health problems through faster, more accurate clinical decision-making. Our annual Fujitsu Innovation Gathering brings all these activity strands together, providing a unique insight into our activities. In the keynote, Fujitsu Laboratories’ CEO Shigeru Sasaki, sets out our R&D vision and the essential role played by co-creation. The event agenda includes specialist breakoutsessions focused on Security innovation in the areas of Cyber Security, Biometrics, Data and IoT Security, and how we are deploying AI technologies to solve real-world problems. We are delighted to bring our event to Berlin for the first time.“

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  • 01:00 am

Citi today announced the three award recipients from Citi’s Tech for Integrity Challenge (T4I) Demo Day in Dublin, held on May 18. 

The event brought together FinTech developers from eight countries to present their working prototypes to a panel of judges as part of T4I, a landmark effort to encourage technology innovators from around the world to create cutting-edge solutions to promote integrity, accountability and transparency in the public sector and beyond.

The award recipients from the Demo Day included:

• T4I Award – AID:Tech, Dublin, Ireland 
AID:Tech brings social and financial inclusion to the world's undocumented and under-served populations using digital identity based on Blockchain technology.

• Peer Choice Award – Pole Star, London, England
Pole Star provides sanctions compliance and risk management software to banks, trading companies, marine insurers and other organizations.

• Audience Choice Award – Paycode, Johannesburg, South Africa
Paycode’s solution enables financial inclusion with secure biometric identification, verification, and authentication with a rural footprint for online and offline real-time transacting.

At the event, 18 companies joined a total of 103 teams presenting their solutions at one of the six Demo Days across the globe. In addition to Dublin, T4I is hosting Demo Days in Abu Dhabi, Buenos Aires, Hyderabad, Mexico City and Singapore. In addition to the three awards presented at each Demo Day, Citi’s allies will announce additional awards in the coming weeks.

“Citi congratulates the award recipients and all of the finalists who presented an incredible range of innovative ideas in Dublin,” said Zdenek Turek, Citibank Europe CEO. “We are proud to sponsor this exciting challenge and to showcase a remarkable group of talented developers and their solutions.”

T4I is structured as a global open innovation competition, where companies of any type or size submitted technology solutions. Developers submitted ideas to address a number of “pain points” that Citi identified before launching the challenge in February. Most of the submissions focused on these key areas, including beneficiary eligibility; tax administration, including collection and taxpayer identity; transparency in the procurement process; allocation of public funds; and tools to increase transparency and fight corruption.

“The Citi Tech for Integrity Challenge has successfully crowdsourced game-changing solutions to help public and private sector entities tackle global integrity challenges,” said Jay Collins, Vice Chairman of Corporate and Investment Banking at Citi. “The solutions showcased in Dublin highlight how frontier technologies can be applied and implemented to drive integrity.”

Due to the open nature of the competition, award recipients from the Demo Days will have the opportunity to work with any business, organization or government interested in exploring innovative integrity tools.

The T4I initiative, led by Citi in collaboration with public and private sector allies, provides public and private sector entities with access to tech innovators and their ideas on how to increase transparency and efficiency.

Citi’s T4I allies include countries and other public and private sector entities looking to bring outside innovation inside their organizations. T4I strategic allies include Clifford Chance, Facebook, IBM, Let’s Talk Payments, Mastercard, Microsoft and PwC.

Citi teams from across the company and around the world contributed to T4I, including Citi FinTech, Citi Treasury and Trade Solutions, the Public Sector Group and Citi Ventures. 

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