Case Study: Options Clearing Corporation (OCC) achieves rapid risk-management transformation and streamlined compliance with Appian

How OCC created a complete personnel processing app with Appian’s BPM capabilities

Options Clearing Corporation (OCC), headquartered in Chicago, is the world’s largest equity derivatives clearing organization, providing clearing and settlement services to 20 member exchanges and trading platforms for options, futures and securities lending. As a Systemically Important Financial Market Utility (SIFMU), OCC needed to digitally transform its risk management to strengthen controls, oversight and financial stability.

OCC deployed nine critical risk management applications on Appian in 18 months, using automation, Appian Records for data management and visibility, and one‑click reporting to embed control and compliance validation into core processes. The solution delivered faster reporting, stronger oversight and improved compliance — rapid progress OCC attributes to the low‑code platform.

Options Clearing Corporation

Bill Raczyk

Director of Business Process Improvement