Better, Faster, Cheaper? Business Process Transformation in Financial Services

Topics:
Business Process Management,
Quantitative Analysis
Tags:
Business Operations,
Business Process,
Business Process Transformation,
Finance,
Financial Planning,
Financial Service,
Financial Services,
Operational Planning
Source:
Electronic Data Systems

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Overview: Business process transformation aims to improve the efficiency of business operations by removing duplicate or unnecessary steps and automating as many processes as possible. It involves a radical rethink of what processes are and how they can best be executed. Financial services industries have been slow to streamline their operations along business process lines. Based on a survey of 300 financial services companies worldwide and a programme of in-depth interviews with business leaders and industry analysts this white paper looks at the dynamics of successful reorganization of financial services companies and draws a number of conclusions.

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Format: PDF | Size: 177KB | Date: Jul 2005 | Pages: 33

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