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BPM & ECM Enables 'Competitive Advantage' In Banks
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Monday, July 23, 2012:
Newgen Software Technologies Limited, a leading global provider of Business Process Management (BPM), Enterprise Content Management (ECM) and Customer Communication Management (CCM) is pleased to announce its support to the 7th CII BANKing Tech Summit 2012: ‘Carving a New Path through Innovation” which was recently held in Mumbai.
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Mr. Hareish Gur, Vice-President (India & Asia Pacific) spoke at the event and shared how some technology-driven banks have leveraged Newgen's BPM, ECM and CCM platforms to create "competitive advantage" for their business operations. He said, "Nine of the top ten banks in the country, use our software and have benefited considerably from it." He further added, "As the economic power shifts from the West to the East, India is increasingly becoming a significant player in the world for creating value through innovation in technology.”
Newgen Software’s BPM and ECM solutions have been recognized by leading analyst firms, including Gartner and Forrester. The company has helped banks to automate processes in the areas of Corporate Credit Approval, Trade Finance, Remittance, Retail Loans, Deposits, Cheque Clearing, Credit Cards, Wealth Management, and so on. The company has by far the largest market share in India and is increasingly gaining more share in many countries.
BANKing Tech Summit 2012 was attended by about 300 delegates from the banking industry including Chairmen and CEOs. The objective was to explore new avenues of growth beyond traditional banking and understand the drivers behind increasing revenue and growth through use of technology. The event highlighted 'Technology' as a differentiator in enhancing customer experience and discussed emerging areas of technology that will support the banks in coming years.
Newgen Software is committed to provide software solutions to the Banking industry and will continue to support the CII Banking Tech Summit in the years to come.
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