FundSERV Inc. Invests in Sajus Technologies'
BPM Suite to Better Understand Transaction Processes
Analysis
tools will leverage existing data to optimize investment
funds traffic
across and beyond its infrastructure
Mississauga, ON, March 29, 2004 - FundSERV Inc. (www.fundserv.com), a leading provider of electronic
business services to the Canadian investment fund industry, has selected Sajus Technologies Inc. (www.sajus.com), a provider of Business Process
Management (BPM) solutions, to comprehensively analyze end-to-end
business transactions that flow through the FundSERV network.
FundSERV is deploying Sajus’ BPM Suite as part of an
effort to monitor and optimize business processes, particularly
as they relate to the nearly three million transactions
that flow across its infrastructure every month.
“We’re really excited about this project,” says
Carol De Veau, FundSERV’s vice
president of business development. “Sajus’ BPM Suite will
help us to better understand our customers and
establish ways to measure their current automation levels. "Our
goal is to increase automation within the investment fund
industry. Getting a handle on these measurements is critical
and will ensure we continue to meet our objectives of reducing
time, cost and risk for our customers.”
Established in 1993, FundSERV operates
one of the most efficient investment fund transaction processing
systems in the world. Operating on a cost-recovery basis,
FundSERV serves 193 investment fund manufacturers, 472 distributors
and 42 intermediaries. FundSERV’s services and applications support
more than 10,000 different investment fund instruments.
“BPM Suite will enable FundSERV to leverage data
already available to better understand what industry-wide
mutual fund transactions do not flow across their system,” says
Sajus Technologies’ president and CEO Steven Clarke. “This
will allow FundSERV to better understand the cost to the mutual fund industry
of non-automated transactions, develop applications to
handle new investment fund products and improve customer
service.”
Sajus’ partnership with FundSERV is
part of the company’s ongoing strategy to solidify its
position as the leading BPM solutions provider to the
financial services industry. Existing clients currently
include AIC Limited and the National Commercial Bank
of Jamaica.
BPM monitors
and improves business performance by digitally encapsulation
an organization's business processes and associating
detailed, stakeholder-based key performance indicators.
BPM enables the design, performance measurement, optimization
and automation of any organization's unique business
processes. BPM manages the relationships between people
and technology, integrates internal and external resources
and monitors overall process performance.
About Sajus Technologies (www.sajus.com) Sajus Technologies
Inc. is a leading provider of Business Process Management
(BPM) software and services. Sajus BMP Suite is running in
customer locations around the world. It allows customers
to define, view, monitor, intervene, automate, measure and
improve business processes. Better Business Process Management
helps Sajus customers: solve their most urgent problems,
improve customer service and increase competitive advantage.
Sajus, headquartered in Mississauga Ontario, is privately
held, profitable and growing. Visit them at www.sajus.com
Press Contacts
Steven Clarke
Sajus Technologies Inc.
905.602.7507
steven.clarke@sajus.com
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