Bank on it

Pegasystems Inc. has released PegaBANKING™ Smart Investigate™ 4.1 on the new PegaRULES Process Commander platform. Smart Investigate now automates investigation and exception processing for wholesale banks with even greater intelligence and flexibility, enabling banks to cut costs by processing more transactions automatically and reducing manual costs and errors. The application serves departments throughout the wholesale bank, including payments, treasury,securities, nostro reconciliation and other areas, allowing banks to utilise one solution across business lines.

Smart Investigate offers significant gains in operational efficiency and productivity, claiming to reduce the cost of processing an investigation by an average of 60 per cent. Utilising business-user-friendly rules, the application also reduces the risk resulting from inconsistent adherence to company policies.

For more information, visit www.pega.com