{"id":1522,"date":"2019-09-24T11:53:21","date_gmt":"2019-09-24T11:53:21","guid":{"rendered":"https:\/\/solutionsreview.com\/business-process-management\/?p=1522"},"modified":"2019-09-24T15:53:46","modified_gmt":"2019-09-24T15:53:46","slug":"appian-releases-institutional-onboarding-solution-for-financial-services","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-process-management\/appian-releases-institutional-onboarding-solution-for-financial-services\/","title":{"rendered":"Appian Releases Institutional Onboarding Solution for Financial Services"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1523\" src=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/Appian-Releases-Institutional-Onboarding-Solution-for-Financial-Services.jpg\" alt=\"Appian Releases Institutional Onboarding Solution for Financial Services\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/Appian-Releases-Institutional-Onboarding-Solution-for-Financial-Services.jpg 800w, https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/Appian-Releases-Institutional-Onboarding-Solution-for-Financial-Services-300x150.jpg 300w, https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/Appian-Releases-Institutional-Onboarding-Solution-for-Financial-Services-768x384.jpg 768w, https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/Appian-Releases-Institutional-Onboarding-Solution-for-Financial-Services-540x270.jpg 540w, https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/Appian-Releases-Institutional-Onboarding-Solution-for-Financial-Services-640x320.jpg 640w, https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/Appian-Releases-Institutional-Onboarding-Solution-for-Financial-Services-128x64.jpg 128w, https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/Appian-Releases-Institutional-Onboarding-Solution-for-Financial-Services-400x200.jpg 400w, https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/Appian-Releases-Institutional-Onboarding-Solution-for-Financial-Services-180x90.jpg 180w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>Business Process Management (BPM) solution provider, <a href=\"https:\/\/www.appian.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Appian,<\/a> <a href=\"https:\/\/www.appian.com\/news\/news-item\/new-appian-solution-for-financial-services-institutional-onboarding-improves-speed-to-market-and-reduces-implementation-risks\/\" target=\"_blank\" rel=\"noopener noreferrer\">has announced<\/a> the availability of a new platform that accelerates customer and asset onboarding while simultaneously reducing risk of implementation for treasury management, foreign exchange, and investment firms. The Institutional Onboarding solution provides pre-built data records, AI-based document understanding, and packaged integrations to facilitate onboarding. This is delivered on Appian\u2019s low-code platform, simplifying the configuration of the solution to a financial firm\u2019s unique requirements and legacy technology environment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"speedbump-2\" href=\"https:\/\/solutionsreview.com\/business-process-management\/free-bpm-buyers-guide\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" src=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/02\/bpm-speedbump.jpg\" alt=\"Download Link to BPM Buyers Guide\" width=\"800\" height=\"225\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">The Appian Institutional Onboarding for Financial Services platform offers complete process visibility to internal constituents and users and enables institutions to prioritize their onboarding resources. The tool brings together customer communications across all channels, centralizes document management, and assists with reducing the time it takes to identify and resolve potential risks.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">The solution features:<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Pre-built data records for customers, accounts, and products. Through the use of Appian\u2019s Records data management feature, users gain a 360-degree view of a customer, as well as the full onboarding context, regardless of where that data is located across an organization.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Intelligent document understanding. The platform includes built-in AI services for intelligent content extraction and automated document assembly.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Business-user process control. The solution gives the power of process and task management to onboarding professionals. This includes automated import of tasks and checklists from legacy Excel spreadsheets.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Pre-built integrations to key legacy systems. Institutional Onboarding leverages Appian\u2019s COnnected Systems architecture for zero-code integration to Salesforce.com. Additionally, it includes integration to the Office of Foreign Assets Control (OFAC) database maintained by the US Department of the Treasury.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">In a press statement, Global Industry Lead at Appian, Michael Heffner said, \u201cemerging FinTech, constantly changing regulations, and disruptive new business models are all increasing the pace of change in financial services. Despite this rising complexity, the need to quickly create strong new customer relationships remains. With our Institutional Onboarding Solution, we have reduced the complexities of getting those high-value relationships up-and-running.\u201d<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Through visual composition, the solution is easily configurable to the specific way a business operates, including low-code and no-code integrations across a complex financial firm IT architecture. The platform uses Appian\u2019s case management and intelligent automation functionalities to unify enterprise data and speed up the pace of work.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">To read Appian\u2019s full press release, <a href=\"https:\/\/www.appian.com\/news\/news-item\/new-appian-solution-for-financial-services-institutional-onboarding-improves-speed-to-market-and-reduces-implementation-risks\/\" target=\"_blank\" rel=\"noopener noreferrer\">click here.<\/a><\/span><\/p>\n<p style=\"text-align: justify\"><div class=\"hr hr\"><\/div><\/p>\n<p style=\"text-align: justify\"><em>Looking for more? Download our\u00a0<a href=\"https:\/\/solutionsreview.com\/business-process-management\/free-bpm-buyers-guide\/\" target=\"_blank\" rel=\"noopener noreferrer\">Business Process Management Buyer\u2019s Guide\u00a0<\/a>for free to compare the top-24 products available on the market with full page vendor profiles. The guide includes four key capabilities to look for in a BPM platform, plus questions to ask before purchasing.\u00a0<\/em><\/p>\n<p style=\"text-align: justify\"><em>And don\u2019t forget to follow us on\u00a0<a class=\"external\" href=\"https:\/\/twitter.com\/WorktechReview\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Twitter<\/a>,\u00a0<a class=\"external\" href=\"https:\/\/www.linkedin.com\/showcase\/erp-solutions-review\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">LinkedIn,\u00a0<\/a>and\u00a0<a class=\"external\" href=\"https:\/\/www.facebook.com\/solutionsreview\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Facebook\u00a0<\/a>for all the latest in Work Tech!<\/em><\/p>\n<p><span style=\"font-weight: 400\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"bpm-footer-cta\" href=\"https:\/\/solutionsreview.com\/business-process-management\/bpm-vendor-map-a-guide-to-the-best-bpm-solutions\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" src=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/02\/bpm-vm-speedbump.png\" alt=\"Download Link to BPM Vendor Map\" width=\"800\" height=\"225\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business Process Management (BPM) solution provider, Appian, has announced the availability of a new platform that accelerates customer and asset onboarding while simultaneously reducing risk of implementation for treasury management, foreign exchange, and investment firms. The Institutional Onboarding solution provides pre-built data records, AI-based document understanding, and packaged integrations to facilitate onboarding. This is delivered [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":1523,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[5],"tags":[19,40,35,95],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Appian Releases Institutional Onboarding Solution for Financial Services<\/title>\n<meta name=\"description\" content=\"Appian&#039;s Institutional Onboarding tool provides pre-built data records, AI-based document understanding, and packaged integrations to facilitate onboarding.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/business-process-management\/appian-releases-institutional-onboarding-solution-for-financial-services\/\" 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