Princeton Blue and IBF

Princeton Blue has been a leader in delivering Business Process Improvement and Integration solutions for various clients in the Financial Services industry. It is this combination of banking industry knowledge and process improvement expertise that has inspired us to create Integrated Banking of the Future™ (IBF) – yes, this is a real solution being offered by Princeton Blue. We believe IBF will revolutionize how banks conduct their core business and how they can leverage the process visibility that IBF provides to create an unmatched customer experience and deliver that experience in the most efficient and productive way possible.

Princeton Blue has partnered with leading software vendors in the areas of Business Process Improvement to bring IBF to banks in the traditional software deployment approach (IBF-Enterprise™) and as a Service (IBF-Ready™ – coming soon in summer of 2009). Industry standards provided by organizations like the Banking Industry Architecture Network (BIAN), Interactive Financial eXchange (IFX) Forum and the Workflow Management Coalition (WfMC) are closely followed and adhered to by Princeton Blue architects and designers. The financial services team at Princeton Blue monitors and evaluates products and standards within the financial services and banking sectors to ensure our solutions are aligned with current banking trends and technologies common in the banking industry.

If you believe IBF can add value to your banking operation, we encourage you to take the next step, the IBF Assessment, a short engagement with the objective of understanding the following:

  • Bank’s business priorities and objectives
  • Banking processes that need to be addressed first (priority processes)
  • Pain points in those priority processes today
  • Metrics to measure the priority processes today
  • Targets for those metrics in the improved processes
  • Organization structure that executes the processes
  • Underlying IT infrastructure that supports the applications within the priority processes and its
    • maturity and sophistication of the integration mechanisms available within these priority
    • processes availability of and dependency on specialized application IT resources