BNP Paribas Adopts 3D-Modeling Project Development Platform

BNP Paribas Securities Services has selected Dassault Systèmes' 3DEXPERIENCE platform, which aims to improve product management and accelerate product development.
By Jake Safane(2147484770)
BNP Paribas Securities Services has selected Dassault Systèmes’ 3DEXPERIENCE platform, which aims to improve product management and accelerate product development.

BNP Paribas is the first financial services firm to use the 3DEXPERIENCE platform, which centralizes product development information from conception to launch, enabling the bank’s employees to share information digitally in a visual format, including 3D modeling applications. The bank will deploy the technology across all its securities services lines including Asset and Fund Services, Clearing and Custody Services, Corporate Trust Services, and Market and Financing Services.

“We see huge benefits in adopting this new approach to product development, which has proved so successful in other industries. It will help our multi-local teams share knowledge efficiently and streamline our processes. We estimate the platform will reduce our time to market by 20 percent, which is significant in our fast changing industry. This will ultimately help us stay ahead of market changes and benefit our clients,” says Sébastien Messean, head of Product Lifecycle Management at BNP Paribas Securities Services.

“Financial institutions are searching for end-to-end productivity improvements to better compete in an increasingly complex, global, and regulated business environment. The 3DEXPERIENCE platform delivers that in a disruptive way for the finance industry,” says Monica Menghini, executive vice president, corporate strategy, industry and marketing, Dassault Systèmes.

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