Savvion to deploy BPM for Rel Capital

BANGALORE, INDIA: Savvion, the industry's leading business process management (BPM) company, announced that Reliance Capital Ltd, a Reliance ADA group company and one of India's leading and fastest growing private sector financial services companies, will deploy Savvion BusinessManager 7.0, as part of an enterprise BPM initiative spanning all company subsidiaries - mutual fund, life insurance, general insurance, Reliance money, and consumer finance.

Savvion was chosen for its ability to scale across the enterprise as part of a planned company wide BPM initiative at Reliance. The initiative also includes the establishment of a BPM center of excellence that will help identify and prioritize high-impact process solutions within the company subsidiaries.

Sandeep Phanasgaonkar, president of IT for Reliance Capital Ltd., said, "Savvion provides us with a scalable, enterprise-class BPM solution. We see this deployment taking us through our critical BPM deployment that will affect visibility, revenue and growth across thousands of users in the organisation."

Mohammed Ketabchi, founder and CEO of Savvion, said, "Reliance Capital Ltd is another example of a leading financial services company turning to Savvion for deployment of mission critical processes. As this industry continues to grow globally, financial services companies need to remain competitive by becoming even more agile and efficient. Savvion BusinessManager 7.0 allows leading companies to support growth with streamlined business processes and enables the ability to identify additional areas for business process improvement."