Pegasystems Inc. has announced that its business process management (BPM) software now supports 60% of the world’s global payment investigations volume, with a total value exceeding $1 trillion daily.
Since its first production system in 1985, Pegasystems has provided customers with solutions utilizing rules-based BPM technology. Today, Pegasystems’ supports more than 50,000 payment investigations per day or over 13,000,000 a year.
Pegasystems helps with foreign or domestic payment enquiries, treasury investigations or inter-bank compensation claims, increase service quality, lower operating costs.
“We recently achieved a world record in scalability testing, and our company is recognized throughout the banking industry for leadership in the sophisticated exceptions market,” said Jay Sherry, vice president of BPM markets, Pegasystems. “Our technology meets the demanding performance and technical requirements of the world’s leading banks, as well as the growing needs of our financial services customers and those in other industries.”