August 30, 2007

Appian Named a Leader in Human-Centric BPMS for Banking and Investments by Leading Independent Research Firm

Appian “Excels in Compliance”; “Offers Strong Financial Institution Leadership and Expertise”

Vienna, VA., August 30, 2007 Appian, an innovative global provider of business process management (BPM) technology, was recognized as a Leader in the August 2007 report The Forrester Wave™: Human-Centric BPMS for Banking And Investments, Q3 2007. Forrester noted Appian’s “human-centric BPMS capabilities and deep pre-built processes for banks and investment firms” helped the company establish its position as a leader with banking and investments organizations. This industry recognition follows Appian’s placement as a Leader in The Forrester Wave™: Human-Centric BPM For Java Platforms, Q3 2007, released August 2, 2007, where Forrester found that Appian’s BPM suite, Appian Enterprise, “is the easiest to use for building processes that pull together human work, analytics, and collaboration tools.”In The Forrester Wave™: Human-Centric BPMS for Banking And Investments, Q3 2007, Forrester states that Appian “excels in compliance with a separate compliance manager tool to support the needs of FSIs [financial services institutions]…Appian offers strong FI [financial institution] leadership and expertise. Other strengths include a very solid interface framework with a three-tiered approach to interfacing with common banking and investment applications. Finally, Appian has built crosschannel capabilities that specifically enable visibility across all channels and support the idea of a single enterprise process, configurable by channel and LOB [line of business]”.”Managing business processes is not a one-size-fits-all solution, and businesses in the highly regulated banking and investments industry have unique process challenges,” stated Matt Calkins, Appian chief executive officer. “Appian has been diligent in building a product that empowers financial services customers to proactively address their process, business and regulatory requirements. The placement of Appian as a Leader on this Forrester Wave reflects our ongoing commitment to driving tangible benefits in financial services institutions.”

Appian works with financial services organizations around the world to help them manage regulation, globalization and consolidation issues. With a large number of dedicated financial services resources and significant research and development efforts focusing on financial services industry needs, Appian’s BPM suite provides smart services, rules, pre-built forms and interfaces, and process templates specific to the needs of financial services organizations. Thus, customers are able to get to market faster with financial services applications and processes such as loan origination, account origination, credit management, and compliance with financial industry standards and regulations.

About Appian

Appian provides a leading low-code software development platform that enables organizations to rapidly develop powerful and unique applications. The applications created on Appian’s platform help companies drive digital transformation and competitive differentiation. For more information, visit