Case Study: PSD Bank Nürnberg achieves faster regulatory process management with CIB flow

Efficient management of regulatory requirements through process digitization and automation for PSD Bank in Nuremberg

The financial institution PSD Bank Nürnberg was facing significant challenges due to high regulatory and business requirements for its outsourcing management, which created bureaucratic bottlenecks and long lead times. To address this, the vendor CIB Group implemented its CIB flow solution, a platform utilizing BPMN 2.0 for process optimization.

The CIB solution introduced parallel processes and automation to systematically reduce complexity. This integration of all relevant parties, including BaFin and internal audit, into the workflow ensured regulatory compliance and transparency. For the customer, CIB Group's implementation significantly reduced overall process throughput times, minimized risk, and enabled more efficient and cooperative operations.

PSD Bank Nürnberg

Frank Tiefel

Digital Transformation Manager