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AuraPortal BPM Signs Agreement with University of Finance an

The alliance between the two entities includes the incorporation of AuraPortal BPM technology in the university, its educational use by teachers and innovation and training, oriented towards disseminating Business Process Management in banking.

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AuraPortal BPM Signs Agreement with University of Finance an

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  1. AuraPortalBPMSignsAgreementwithUniversityofFinanceandBanking(UFB)BucharestAuraPortalBPMSignsAgreementwithUniversityofFinanceandBanking(UFB)Bucharest Thealliance betweenthetwoentitiesincludes theincorporationofAuraPortalBPM technologyinthe university,its educationaluse byteachersandinnovationand training, orientedtowards disseminatingBusiness Process Managementinbanking. Woburn, MA,April20, 2014–AURA(www.auraportal.com),aglobal providerofAuraPortal.BusinessProcessManagement(BPM)software,hasannounced the signing ofacollaborationagreement withtheUniversityofFinanceand Banking (UFB),oneofthemost prestigiousuniversitiesinEasternEurope. AuraPortal has been distinguished withgreatadvantageoveritscompetitors byOvuminits DecisionMatrixreport and byotherrenownedanalyst firms. "Withintheframeworkof theagreementsigned between thetwoentities,twoimportantpointstomentionaretheincorporationofAuraPortal BPM technologyand itseducational useby teachers and studentsineachof the specialtiesofferedattheFacultyofBanking Management; and thebilateral commitment tocreateaspace dedicated toinvestigationandinnovation, specializedtraining ofthehigheststandard and thedisseminationandsharing ofBPM best practicesinbankingand insuranceindustries."saysCristobal Toro,ExecutiveManagerofAuraPortal EasternEurope. Thisagreement allowsstudentsundertaking degreesor specialtiesrelated tothemanagement offinancial institutions,financial systems, RiskManagement,economicengineering,regulationsandotherdisciplinesoffered bytheUFB,tolearnabout thetypesofmanagement tools,suchasBPM,used inrealbusinessenvironments. TheemergenceofBPMsystemshasrevealedanewwaytomanagethecomplianceofmandatorystandardsand theadoptionofregulationssuchasBasel II/III,Credit Risk,OperationalRiskandMarket Risk,using anyofthepossiblemethods(Standard,BasicorAdvanced IRN,BasicIndicator,VaR,etc.),aswell asSlovencyII inthecaseof insurancecompanies.Thisadoptionand the changes inregulationsaremadeeasyastheyareperfectly integrated inthebusiness processesoftheorganizationthankstotheBPM tool. Itisproventhat working withBPM technologyinthefinancial sector allows theoptimizationof resources,the standardizationof procedures,increasedcustomersatisfactionand greatagility and responsiveness tochanges inthefinancial market,especiallyunderthecurrent economical situation. AboutUFB TheUniversityofFinanceand Banking isa public institutionofhighereducation,dedicated totraining andresearchinthebanking and insuranceindustries. Sinceitsfounding,theUFBhastrained over8000 studentsinthedifferent specialtiesand

  2. faculties.TheFacultyofBanking Management and several otherinvestigationcenters,suchas the IntellectualCapitaland ChangeManagement Institute(IMCIS),endow theUniversitywith sufficientcapacitytoconduct successfulinternationalalliances.Theyalsoallow theimplementationofresearchprogramsin partnership withprestigiousinstitutionssuchasthe BucharestAcademyof EconomicStudies,ortheBrusselsInstituteofStudiesinInternationalRelationsand PublicPolicy(ISIRP),amongst others. AboutAURA (http://www.auraportal.com) AURAisa global BPM (BusinessProcessManagement)softwareproviderdelivering asolution thatcreates,without theneedofIT programming,BusinessProcessWorkflow ExecutionModels.AuraPortal is100% Web-based,and iscomplementarytoexisting ERP and CRMsystems. AURAhasa presence in40countrieswithmorethan300customers including,among others:Walmart,Toyota,General Motors,Pemex (PetroleosMexicanos),Carrefour,ArcelorMittal,PepsiCo,Coca-Cola,Danone,INCAE,Kimberly-Clark,Yamaha,Royal KPN,Bristol-MyersSquibb,etc.,aswell asmanyGovernment AgenciesandDepartmentsinseveralcountries.All ofthesecustomersbenefitfrommaintenancecontracts. ItsheadquartersareinEurope(Spainand Holland) withanexecutivebranchinNorthAmerica(Florida).Italsohasofficesinseveral countriesand avastnetworkof partnerswholocallyattendcustomersthroughout the world. Contact:CristinaSiscarAuraportal 400Trade Center Woburn,MA01801-7472 978-808-6340 diana.farrington@auraportal.comhttp://www.auraportal.com ###

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