Despite strong IT support for core processes in Banking, Capital Markets, and Insurance, inefficiencies often remain in the gaps between automated processes – usually wherever people need to make decisions and collaborate – especially when those gaps span organizational boundaries. In this example, Carter describes Longhorn’s platform support for Loan Syndication in Banking. It’s a process that cuts across organizations and lines of business, and is complicated by integration with upstream and downstream systems, secure and reliable message exchange among different companies, organization of complex financial information, handling multiple languages and currencies, etc.
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