Office of the Comptroller of the Currency Expands Appian BPM Program to Mission-Critical Bank Oversight Process
$10 Million Contract Targets Improvement of Bank Application Tracking
RESTON, Va.—November 22, 2010— Appian, the global innovator in enterprise and on-demand business process management (BPM) technology, today announced that the Office of the Comptroller of the Currency (OCC) has awarded a new contract to expand its use of the Appian BPM Suite. The new contract covers creation and roll-out of the BPM-based Central Application Tracking System (CATS) that will automate the mission-critical submission and processing of paper-based licensing and regulatory filings U.S. commercial banks submit to the OCC. The OCC is the agency of the U.S. Department of the Treasury that oversees the execution of laws relating to all national banks, and establishes rules and regulations governing the operations of those banks. CATS specifically targets the agency’s core mission of the entire process for licensing and chartering U.S. federal banks, thus ensuring the safety and soundness of the national banking system. In combination with the OCC’s previously-announced BPM-based Personnel Administration and Security System (PASS), the two contracts demonstrate OCC’s commitment to BPM as a means to transform agency operations and performance. Following a two-year evaluation of solutions from all of Appian’s traditional BPM competitors and two independent competitive solicitations, OCC chose Appian for the power and simplicity of its BPM suite, its proven enterprise BPM deployment methodology, and its numerous government and financial services customer references.
For the CATS project, Appian and its financial services expertise partner Oakbrook Solutions will work under prime contractor and systems integrator REI Systems, of Herndon, VA. Appian will supply its award-winning BPM platform and consulting services, while Oakbrook will provide key subject matter support in the areas of change management and training.
“Agencies of the federal government are looking to BPM to improve areas of common pain, such as procurement and sourcing or HR processes, as well as the mission-critical processes that are unique and core to an individual agency,” said Matthew Calkins, president and CEO of Appian. “OCC demonstrates both trends very clearly through the breadth of their BPM program.”
Appian delivers an enterprise platform for digital transformation that enables organizations to revolutionize their customer experience, optimize their business operations, and master global risk and compliance. Powered by industry leading Business Process Management (BPM) and Case Management capabilities, Appian’s low-code approach radically accelerates the time it takes to build and deploy powerful, modern applications, on-premises or in the cloud. For more information, visit www.appian.com.