Appian and EY present asset sales solution

Press release. Appian and EY have forged a strategic alliance with the goal of revolutionizing the financial industry. This collaboration focuses on radically transforming processes and operations, leveraging Appian’s advanced technology and EY’s consulting expertise. Together, both organizations have created a technological solution for the sale of assets that seeks to optimize efficiency, reduce costs and improve the operational agility of financial organizations, adapting to a constantly evolving and increasingly competitive market.

In the words of Roberto Diez Cerrato, partner responsible for the Banking and Capital Markets sector at EY Spain: » This strategic agreement with Appian reinforces our position as leaders in the digital transformation of the financial sector. By integrating Appian’s innovative technology with our deep consulting experience, we are able to deliver disruptive solutions that not only optimize our clients’ processes and operations, but also provide them with a significant competitive advantage.”.

In an increasingly dynamic and challenging financial environment, the sector faces significant challenges, such as recruiting and retaining talent among younger generations, the rapid adaptation of constantly evolving regulations, the need to improve cybersecurity and demand more efficient user experiences. Additionally, these companies demand continued efficiency, cost reduction and innovation to attract new customers, who expect fast implementation times, competitive pricing and experienced teams.

The solution developed by EY, powered by Appian, responds to these challenges by optimizing the use of resources and achieving higher levels of operational efficiency and effectiveness. “At Appian we help organizations create agile applications and workflows with a low-code platform. By combining people, technology and data in a single workflow, we enable companies to maximize their resources and improve their business results,” says Oscar García de Andoín, regional vice president of partners for Iberia & Latam at Appian.

Global and agile implementation

In search of an efficient and competitive solution, EY opted for Appian, a process management, automation and agile development platform that would allow projects to be implemented quickly. In this sense, agility between the design and modeling of processes, together with easy adoption by users, was crucial to meet customer needs and adapt to market changes.

In addition, verified security, an excellent user experience (UX), and fast and effective technical support were paramount. As explained Bernardo González Sandoval, director of EY FSO Technology Consulting“we offer cutting-edge technological solutions and services, from transformation strategy and conceptualization to delivery, maintenance and evolution, covering all customer needs and requirements. Having an ally like Appian is essential to implement our experience and offer innovative and efficient solutions to our end client.”

Automation and digitization, main benefits

With all this, the professionals of the EY Consulting service line have developed a platform built on Appian in a stable, simple and easy-to-use manner, flexible to meet the requirements and needs of the financial client.

“A digital solution created to measure according to the needs, taking into account the design, development, implementation, support and maintenance to also achieve efficient management of the business activity of each organization, with the option to automate and digitize all the processes of end to end, eliminating manual procedures that slow down processes. In addition, the solution is closer to non-technical business profiles, allowing configuration or changes to be made without the need for technological knowledge.”: states Víctor Pizarro, partner responsible for the Platforms and Technological Transformation area of ​​Consulting FSO of EY.

The EY and Appian solution will allow organizations to make more informed and strategic decisions, identifying and analyzing behavioral patterns to optimize processes and improve the effectiveness of the entire chain. This will allow end clients to execute their business processes in a more agile manner, achieving significant increases in performance with less human effort, and providing secure and reliable access that will allow them to focus on their strategic objectives with greater confidence and security.

Finally, the solution built on Appian allows EY clients to more easily track completed deals to bill their own clients. These will be able to receive monthly data and detailed information to analyze and understand the behavior of processes such as bidding, management of service providers, investors and users within the platform. With this solution, EY achieves operational excellence and simplification of global risk management and regulatory compliance across the industry.