Case Study: a private banking and asset management group achieves compliant advisory automation with Flowable

Private Banking and Asset Management Group - Customer Case Study

Flowable worked with a private banking and asset management group to address challenges from strict new financial regulations like PRIIPS and MiFID II. The client, headquartered in Liechtenstein, needed to automate and digitalize its advisory process to ensure compliance within its restricted banking environment.

The solution from Flowable involved designing and implementing an overarching orchestrator layer using Edoras to digitize the bank's advisory workflows. This integrated various systems, including Avaloq and a business rule engine, and featured a dynamic output management module for generating legally required documents. As a result, Flowable automated the processes, which increased efficiency, improved the user experience for relationship managers, and guaranteed continuous regulatory compliance for the bank.