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IBM And Pegasystems Team Up On Software Meant To Cut Costs For Wholesale Banks

IBM and Pegasystems have decided to integrate two of their software applications to develop and new services oriented business applications. To offer fast 'starter templates' that banks can use out of the box to drive growth and cut costs of

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IBM and Pegasystems have decided to integrate two of their software applications to develop and new services oriented business applications.

To offer fast ‘starter-templates’ that banks can use out-of-the-box to drive growth and cut costs of opening wholesale bank accounts.

The move will merges Pegasystems’ SmartBPM product with IBM Business Consulting Services, WebSphere middleware and IBM’s Information FrameWork business models for banking,

“Recent tests with IBM have also shown that our combined solutions can handle over 31,500 simultaneous users processing over 3 million unique cases in a single workday, demonstrating, agility and unparalleled performance,” said Tom Congoran, vice president of business development at Pegasystems Inc.

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