Bank of NY Mellon + Camunda
Delivering business process optimization at scale
The Bank of NY Mellon, known for its investment management, investment services, and wealth management services, has embarked on a multi-year journey to optimizing its complex business processes at scale throughout the organization. Learn how they’ve incorporated Camunda into their process orchestration practice to service hundreds of thousands of process instances and over 100 million task items to deliver flexibility, efficiency, and resiliency.
$44
Trillion under custody and/or administration
100M+
historical process instances
70+
Camunda projects
Banking process optimization
How one developer team used Camunda to model and manage thousands of process variations from a single base model
Global banks and other financial institutions work with several complex processes everyday, from investment and wealth management to securities services and everything in between. See how one small team of developers at Bank of NY Mellon used Camunda to help them tame their system complexity, building a single base model that orchestrated multiple processes, each with thousands of variations, to deliver process optimization at scale – resulting in better efficiency and regulatory compliance.
Taming complexity and building scalability and resilience with Camunda
Banks and other financial services in particular work with complex processes that serve both consumer and commercial interests. To meet customer demands, drive better efficiencies, and meet regulatory requirements, these organizations need to build flexibility, scalability, and resilience into their process automation. Hear how Michael Goldverg, managing director for Bank of NY Mellon, approaches process orchestration and how Camunda helps support his vision of end-to-end process orchestration to deliver superior results.
“[Using Camunda for process orchestration] has brought some tangible financial benefits, more reliable ways of processing information, fewer errors…more timely completion of work and even distribution of work.”
Michael Goldverg, Managing Director, Distinguished Engineer
Bank of NY Mellon
