News from Sibos: BNP Paribas Taps Pegasystems to Improve Lending Workflow

BNP Paribas corporate and investment banking selected the PegaRULES Process Commander platform from Pegasystems Inc. , with a goal of improving loan origination and approval workflows, as well as transparency, within its large loans processing operation. The bank will replace existing disparate systems managing various business credit lines with the integrated Pegasystems solution. It is expected to be fully operational by early 2009.

Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & Technology in 1991. In addition to ... View Full Bio