PegaSystems has announced that its business process management software had been chosen by Nordea, the northern European bank. The initial phase of the program will roll out PegaBANKING Smart Investigate to four of Nordea’s payment processing areas in Helsinki, Copenhagen, Oslo and Stockholm. Additional projects within global operational services, such as Treasury and Custody, will also be reviewed, with the goal of further enhancing operational processes across the entire organization, the software company said. Pegasystems has also launched a business process management service called SmartBPM Suite. The company said the suite would let organisations capitalise on the full potential of process management – allowing them to model, simulate, execute, monitor and analyse the results of their critical business practices and processes.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.