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Metastorm BPM Provides Key to Innovation for Financial Services Firms

Business Process Management Leader to Showcase Solution & Case Studies at TowerGroup and CFO Events

BALTIMORE, MD – May 29, 2007 – Metastorm, a leading provider of Business Process Management (BPM) software for organizational agility, innovation, and governance, today announced it will be participating in two of the nation’s leading financial services conferences in the coming week to demonstrate how BPM software can provide the key to innovation for banks, investment firms, capital markets, and insurance providers.

Metastorm will provide live demonstrations and share success stories from its customer base at the following events:

  • TowerGroup Financial Services Conference, May 30th-June 1st in Boston, MA
  • Corporate Performance Management Conference, June 3rd-5th in New York City

    For more detail on these events, go to http://www.metastorm.com/news/eve.asp#060307 .

    The Metastorm BPM® suite has helped over 1300 organizations in 42 countries gain visibility and control over enterprise processes for greater efficiency, compliance, and agility. Results show the software delivers a fast return on investment and substantial financial and business value over time, making it particularly attractive to financial services firms looking for new ways to innovate and increase customer value and to differentiate in a highly competitive market.

    Metastorm customers are gaining significant industry recognition for their strategic use of BPM.
    Some recent examples include:

  • Chubb Commercial Insurance was featured on the cover of Insurance & Technology magazine in March 2007 for its strategic use of Business Process Management.
  • owerGroup interviewed and profiled three Metastorm customers for its November 2006 report entitled “Business Process Management: The Current State and the Stages of Evolution.”
  • umitomo Mitsui Banking Corporation was presented with a Financial Sector Technology award in 2006 for its success in applying BPM to strategic compliance initiatives, including Know-Your-Client (KYC) and Basel II.

    More highlights on Metastorm BPM in Financial Services can be found at : http://www.metastorm.com/customers/overview_index.asp and http://www.metastorm.com/solutions/fina.asp



    About Metastorm
    With a focus on improving processes for greater innovation, agility, and governance, Metastorm leads the market in business process management (BPM) software and best practice methodologies for human and system-based processes. Going beyond the basics of modeling and automation, the Metastorm BPM® Suite supports the complete process lifecycle and is designed specifically to address complex processes that are unique to organizations. Metastorm’s 1300+ global client base in manufacturing, retail, financial services, business services, healthcare and government are achieving rapid ROI and Enterprise Process Advantage® in customer service, supply chain operations, risk management, and internal operations. For more information visit www.metastorm.com.

    Copyright 2007, Metastorm Inc. All rights reserved. Metastorm BPM, Enterprise Process Advantage, Metastorm DNA and Process Pod are either trademarks or registered trademarks of Metastorm Inc. Other product, service and company names mentioned herein are for identification purposes only and may be trademarks of their respective owners.

    THIS NEWS RELEASE CONTAINS ARCHIVAL INFORMATION, WHICH SHOULD NOT BE CONSIDERED CURRENT AND MAY NO LONGER BE ACCURATE.


    Press Contact Information:
    Gina Karr
    Metastorm
    T: +1 443-874-1260
    gkarr@metastorm.com

    Jayson Schkloven
    Merritt Group
    T: +1 703-390-1529
    schkloven@merrittgrp.com



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