Product Type: Market Research Report
Published by: TowerGroup
Published: August 2006
Product Code: R301-1164Description BPM strategies are gaining ground throughout the financial services industry, especially because initiatives are driven by business and not IT executives. Although problems and pain points involving compliance, security, and cost cutting initially attract interest in BPM, the success of individual projects quickly spreads interest throughout the organization. This TowerGroup Research Note examines four key elements in a holistic approach offered by a BPM suite: strategy, design, implementation, and command and control. It also looks at the ways BPM is gaining traction as a means to differentiate financial services institutions' products and better align business strategies.Table of Contents
- TowerGroup Take-Aways
- Report Coverage
- Holistic vs. Point BPM
- Exhibit 1 Business Driven, Holistic Business Process Management
- Strategy
- Exhibit 2 Key Elements of Business Process Management: The Business Leader's View
- Strategy
- Design
- Implementation
- Command and Control
- The BPM Suite
- The Vendor Landscape
- Exhibit 3 Sample Business Process Management Suite Vendors' Attributes
- BPM: Cases in Applied Use
- Call to Action
- Summary
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