The Banking market place is highly competitive.  In order to win and retain customers, finance companies must improve their response times for new business applications and for claims, renewals and amendments for current customers.  They have to do this rapidly and yet still maintain process and quality controls that insure they are offering the right coverage to the right customer.

For banking companies to operate at a high rate of speed and accuracy they need automated systems that manage the flow of work and insure the information necessary to make critical decisions is at the finger tips of their employees when it is needed. That is where business process management and enterprise content management solutions come into play. 

Workflow solutions tend to be very generic DotSphere is a workflow accelerator that allows you to leverage your mission critical workflow (any workflow engine) and enterprise content management infrastructure more rapidly and affordably. 

The solution has preexisting code modules and specific workflow processes for the banking industry that can be easily managed, modified and extended with very minimal programming. 

Bank.Sphere provides business process management solutions for one third the cost of and in one third the time of traditional methods.  Better yet Bank.Sphere is built upon IBM’s DB2 for Content Manager and WebSphere MQ Series Workflow and/or WebSphere Process Server, and provides for true integration between the products. 

Bank.Sphere and IBM’s Information FrameWork
The Information FrameWork (IFW) is a comprehensive set of banking specific business models that represent good practice in banking. The IFW business models describe the business of the bank and are an efficient communication bridge between business and technology communities.

Bank.Sphere can take IBM’s IFW and help you to deploy it faster and easier.  It can apply the data models in IFW to an easy-to-use wizard-based interface that can be changed without programming.