Capco and Lombardi Partner to Provide Best of Breed Business Process Management (BPM) Offering


Financial institutions receive increased transparency and control over operations through Client Profile Management BPM Solution.

NEW YORK, May 21 -- Capco (www.capco.com), the global provider of integrated transformation services and solutions for the financial services industry, and Lombardi® (www.lombardisoftware.com), a leader in business process management (BPM) suite software and services, today announced they have joined forces to strategically market and sell the award-winning Teamworks® BPM suite as part of Capco's Client Profile Management (CPM) solution.

Capco's Client Profile Management (CPM) solution is a fully integrated and coordinated approach to client on-boarding, client documentation management and client data quality. It enables financial institutions to significantly improve the way client relationship and profile data are managed across the different silos within their organization. This provides them with the means to improve client service levels, meet control/regulatory requirements, reduce costs and increase the agility of the organization.

Lombardi's enterprise BPM Suite, Teamworks, is the technology platform upon which Capco's CPM solution is built. Capco uses Teamworks to configure pre-built processes and services to meet the specific needs of its clients, integrate these services with clients' legacy technology, capture and expose client business rules to the common services, and then orchestrate those processes and services in the clients' production environments.

"Capco has an excellent reputation for delivering world-class solutions to its customers," said Alan Godfrey, EVP of business development and marketing at Lombardi. "We are excited that they have selected Lombardi as their BPM partner of choice upon which they will create Process-Driven solutions across the wide spectrum of Financial Services companies that they serve."

"After reviewing a number of BPM software vendor capabilities, we selected Lombardi because they best matched the needs for our CPM solution in terms of the innovation, scalability and breadth of the software and people supporting it," said Nick Jackson, Partner at Capco. "Capco's experience and thought leadership around business process and content management married with Lombardi's BPM software delivers a powerful joint offering that raises the bar for how financial services companies can improve the performance of their businesses."

About Capco

Capco is the global provider of integrated transformation services to the Financial Services Industry. With offices in North America, Europe and Asia, Capco provides integrated Consulting, Technology and Managed Services activities. Capco combines its exclusive focus on financial services with a Global Delivery Model. Our Service Offerings are engineered by financial services experts exclusively for the Financial Services Industry. As pioneers of transforming operational capability and efficiency, we help clients successfully increase revenue, reduce costs and enhance control. We merge innovative thinking with an unrivaled knowledge of our industry. For more information, please visit www.capco.com.

About Lombardi

Lombardi is a leader in business process management (BPM) software for Global 2000 companies as recognized by both Gartner and Forrester Research, in the Magic Quadrant for Business Process Management Suites, 2006, and Human- Centric Business Process Management Suites, Q1 2006 research reports respectively. Lombardi offers award-winning BPM technology, know-how and services to help its customers become Process-Driven. Lombardi products are built on open standards and provide ongoing prioritization, planning, visibility and control of business processes, increasing the speed and flexibility with which organizations can manage their business process activity and decision-making.

Lombardi is behind some of the largest, most successful BPM implementations in the world. Our customers include Allianz Life, Aflac, Dell, Hasbro, ING Direct, Maritz Travel, Reuters, Renault F1 Team, Sprint, T-Mobile, The UK Insolvency Service, Universal Music Group and the U.S. Government. For more information, visit www.lombardisoftware.com.

CONTACT: North America: Jennifer Short, +1-212-284-8673, jennifer.short@capco.com,

or

Europe: Claudia Schiepers, +44-20-7426-1638, claudia.schiepers@capco.com, both of Capco;

or

North America: Wayne Snell,
+1-512-382-8200, ext. 377, wayne.snell@lombardisoftware.com,

or

Europe: Ada Dariescu, +44

Source: Capco

All Topics