New Rules-Driven Investigations and Exceptions Solution for Banks
Pegasystems Inc, a provider of rules-driven business process management software, has released PegaINTEGRATED INVESTIGATIONS 3.2, a suite of software designed to help financial institutions streamline the processing of payment, securities and treasury investigations and exceptions across the enterprise. Additional features in this release include improved fulfillment capabilities that enable automated processing of financial adjustments, as well as the management of inter-bank compensation payables and receivables. A standard database schema for archived transaction data is also available for use by banks that do not have an existing data warehouse. Rabobank, the Dutch bank, has extended its use of PegaINTEGRATED INVESTIGATIONS for Payments, to its national and international branch network, correspondent banks and corporate customers, enabling them to check the status of transactions via the Web.