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Why Fortune 500 Banks use Camunda Platform

Camunda Platform is deployed by more than half of the top 15 banks in the U.S., including Morgan Stanley, Truist and Goldman Sachs.
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Financial institutions across the globe face a challenging market. From rising customer expectations, to operating in a highly regulated, extremely competitive environment, banks must become more agile in order to thrive.

Industry leaders see process automation driving the increased nimbleness needed to respond to market changes, and as financial institutions remodel their core IT infrastructures, more and more are turning to process automation as the path toward achieving their architectural vision.

Camunda Platform is deployed by more than half of the top 15 banks in the U.S., including Morgan Stanley, Truist and Goldman Sachs. A developer-friendly tool, Camunda Platform enables IT teams to manage process automation within their own architecture, using the languages and tools that best suit their needs. In fact, IT leaders cite having total ownership over their Camunda-based solutions, and avoiding vendor lock-in from traditional enterprise BPM suites, as one of the key enablers of agility within their teams.

At the upcoming Process Automation Forum Live: Banking & Financial Services, on June 29, leaders from two Fortune 500 companies — Truist Financial and Morgan Stanley — will share their experience leveraging Camunda Platform to automate processes stretching across core operations, including:

  • Customer onboarding
  • Customer service
  • Risk management
  • Regulatory compliance

Meet the Speakers

Nagesh Tadepalli
Nagesh Tadepalli, Truist

Creating the Digital Commerce OMNI Sales Solution Platform at Truist Financial

Nagesh Tadepalli, Software Engineering Director, Digital Commerce OMNI Sales Solution Platform, Truist

Headquartered in Charlotte, NC, Truist is the 7th largest commercial bank in the United States. It was formed by the merger of BB&T and SunTrust in 2019. The bank has more than 2,000 branches across 15 states and Washington D.C. Through its consumer and commercial banking, securities brokerage, asset management, mortgage, and insurance products the bank generates more than $20 billion in revenue annually. Nagesh Tadepalli will share how Truist uses Camunda Platform Enterprise Edition for its next generation, cloud-based Digital Commerce platform.

Riyaz Patel
Riyaz Patel, Morgan Stanley

Creating Morgan Stanley’s Next Generation Fund Services Workflow Platform

Riyaz Patel, Executive Director, Chapter Lead (Workflow Automation Platform), Fund Services Technology, Morgan Stanley

Morgan Stanley is a global financial services firm providing institutional securities, and wealth management and investment management products and services. In 2020 the company had more than 60,000 employees and $48 billion in revenue. Riyaz Patel will share how the Morgan Stanley Fund Service business will use Camunda for its next generation workflow platform.

In case you missed it, you have the opportunity to watch Process Automation Forum Live: Banking & Financial Services on demand now.

Process Automation Forum Live

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