The Most Solvent Bank in Europe Uses AuraPortal to Manage Its Processes
The stress tests made in 91 of the most important banks in the European Union show that Banca March has the highest solvency ratio
WOBURN, Mass., Sept. 30 /PRNewswire/ -- AuraPortal (http://www.auraportal.com), a global provider of a Business Process Management (BPM) suite, announced that Banca March has been a successful user of the AuraPortal BPMS (Business Process Management Suite) to manage its corporate operational processes since 2008.
The use of AuraPortal in Banca March's banking management contributes significantly with its unrivaled ease of use, along with its versatility in handling the most complex processes without custom programming. Executable process models are created and maintained exclusively based on the requirements and direction of the business analysts within the financial institution. Financial analysts are able to design, modify, update and maintain the BPM system independently, without depending on the application's manufacturer or on specific programming resources. These characteristics help to significantly lower the cost of new BPM application development compared to other alternatives.
Banca March stands out over the rest of the banks in the EU as the most solvent one, and AuraPortal is proud to see that during a time of market uneasiness towards financial institutions in general, one of its customers, Banca March, has remained a strong and fiscally sound institution. To learn more about AuraPortal and how it can improve operational management within the financial services industry, visit us at http://www.auraportal.com. We encourage you to register as "visitor" and read about this "brave new world" of Business Process Management that is quickly reshaping the way businesses are run today.
About AURA (AuraPortal)
AURA is a global BPMS (Business Process Management Suite) provider, delivering a solution that creates Business Process Workflow Execution Models without the need of IT programming. AuraPortal BPMS is 100% Web-based, and is complementary to existing ERP and CRM systems. AuraPortal has a presence in 48 countries with more than 350 customers, including: Coca-Cola, PepsiCo, Frito-Lay, Toyota, Yamaha, Petroleos Mexicanos, Carrefour, ArcelorMittal, Eletrobras, Saras, Royal KPN, Bristol-Myers Squibb, Sodexo, etc., as well as a many Government Agencies and Departments in several countries.
AuraPortal Headquarters are located in North America (Boston) and Europe (Holland) and software development facilities are in Spain and India.
About Banca March
Banca March registers the highest solvency rate in the Spanish banking sector and one of the highest in Europe. They stand out for their financial soundness, their level of coverage against insolvency (among the highest in the financial system) and a rate of bad debt among the lowest in the banking system. Banca March is the parent company and major shareholder of the entrepreneurial and financial group Corporacion Financiera Alba, listed on the Stock Exchange, and through which it is involved in the main European economic sectors, with a significant presence in construction, services, technology, metallurgy and security services, among others.
CONTACT: |
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Scott Rich |
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978-808-6340 |
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SOURCE AuraPortal
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