Strategy
IBM Process and Service Models are a subset of the overall offering by IBM Industry Models and are the result of years of development experience. The Process Models support organizations that want to optimize their process reengineering or process improvement phase of the software development lifecycle (SDLC) to support operational efficiencies within their organization.
IBM Banking and Insurance Process Models play a critical role in the definition of service-oriented architecture (SOA) solutions. Only through analysis of the processes that support operations can the IT service candidates that best support those processes be identified. Gaining a comprehensive understanding of the duplication of processing efforts across products and lines of business is the key to successful implementation of transformation strategies. This duplication of effort is becoming more evident now that organizations are seeking to gain market share through mergers and acquisitions. If this duplication of effort can be identified, technology can align with business to provide more customer-focused products and services delivered in a timelier, more cost-efficient and effective manner. Therefore, the primary benefit is to provide a generic and flexible model facilitating process improvement across the organization. The models can be further used for objectives such as:
- Business transformation
- Regulatory alignment
- Process automation
