BNP Paribas Personal Investors improves International Project Management with CA Technologies
BNP Paribas Personal Investors, specialist in financial advice and online brokerage of BNP Paribas Group, selects CA Clarity PPM, CA Technologies’ Project and Portfolio Management (PPM) solution, to improve project governance and financial monitoring
Core News Facts
- BNP Paribas Personal Investors has implemented a comprehensive CA Clarity PPM that extends internationally.
- CA Clarity PPM now supports the group’s global IT resources―equivalent to approximately 340 people―in Germany, France, and India.
MUMBAI APRIL 28, 2011 – CA Technologies (NASDAQ: CA) announced that BNP Paribas Personal Investors has implemented CA Clarity PPM internationally. The CA Technologies Project and Portfolio Management (PPM) solution, now live in Europe and India, optimizes the completion of IT projects in enterprises, leveraging internal and external resources and improving cost allocation.
Present in four European countries (Germany, France, Spain, and Luxembourg) and also in Asia (India through Geojit BNP Paribas, and Singapore), BNP Paribas Personal Investors has deployed a project governance strategy to help identify and prioritise European IT projects, and simultaneously manage project resource allocation and monitor implementation. The CA Technologies solution―which is live in 3 languages: French, English, and German―also supports data delivery to the financial firm’s accounting systems.
Project Portfolio Management
Thanks to CA Clarity PPM advanced analysis, IT teams in France and Germany are able to manage and prioritise requests, based on BNP Paribas Personal Investors’ overall enterprise strategy. This also helps ensure the timely, on-budget delivery of products and services. Before a project is approved, for example, the Portfolio Manager and other bank decision-makers determine its relevance, based on factors such as return on investment and strategic value. The Project Office then uses the CA Technologies solution to validate resource availability, based on a capacity plan. Once a project is approved, the Project Manager gathers a team and allocates tasks based on available resources. Project management then follows capability maturity model integration (CMMI) standards. For increased flexibility, teams can use reporting tools to extract and consolidate data from the CA Clarity PPM repository for advanced project monitoring throughout the project lifecycle.
CA Clarity PPM was initially deployed to 120 development professionals, was extended to 90 users in the data centre, and then implemented to the project management team. CA Clarity PPM provides a single data repository and a common language to all users. Moreover, it includes an advanced metrics and dashboards ensuring users focus on common priorities and can rely on accurate, timely decision making.
“By introducing reliable project monitoring metrics and indicators, the CA Clarity PPM solution has significantly improved IT transparency at BNP Paribas Personal Investors,” says Benjamin MOURRAT, IT Corporate Portfolio Manager, and BNP Paribas Personal Investors. “The integrated technology enables BNP Paribas to optimize resources, improve the prioritization and monitoring of European projects, and manage multiple investment portfolios. It also provides a common language that we can use in every country”, adds Benjamin MOURRAT.
European coordination extended to Asia
In 2010, the solution was implemented within Geodic Technologies (P) Ltd, a subsidiary of Geodic BNP Paribas ―a leading Brokerage Company headquartered in India. Branded Geojit Technologies, this CMMI L3-certified business unit employs 109 staff and specializes in the development of trading, clearing, and settlement solutions for Geojit BNP Paribas in India, business-to-business partners in India and the Persian Gulf, and Personal Investors departments, both in Europe and Asia. “The implementation of the solution has taken our project development lifecycle management to the next level,” says A. Balakrishnan, CEO, Geojit Technologies Limited.
For more information on CA Clarity PPM, click here.
About BNP Paribas Personal Investors
BNP Paribas Personal Investors is the leading European broker in personal investing and online trading. It offers a complete range of products and investment services through various distribution channels to 1.7 million customers. Within the Investment Solutions division, BNP Paribas Personal Investors is comprised of Cortal Consors, present in Germany, France and Spain, B*capital and Portzamparc, investment companies, Geojit BNP Paribas, one of the leading brokers on the Indian market, and BNP Paribas Personal Investors in Luxembourg and Singapore.
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is one of the six strongest banks in the world according to Standard & Poor's and is the largest bank in the Eurozone by deposits. With a presence in more than 80 countries and more than 200,000 employees, including 160,000 in Europe, BNP Paribas is a leading European provider of financial services on a worldwide scale. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Retail Banking, the Group has four domestic markets: Belgium, France, Italy, and Luxembourg. BNP Paribas is rolling out its integrated model across the Europe-Mediterranean zone and boasts a large network in the United States. BNP Paribas Personal Finance is the leader in consumer lending in Europe. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe and solid and fast-growing businesses in Asia.
About CA Technologies
CA Technologies (NASDAQ: CA) is an IT management software and solutions company with expertise across all IT environments – from mainframe and distributed, to virtual and cloud. CA Technologies manages and secures IT environments and enables customers to deliver more flexible IT services. CA Technologies innovative products and services provide the insight and control essential for IT organizations to power business agility. The majority of the Global Fortune 500 relies on CA Technologies to manage evolving IT ecosystems. For additional information, visit CA Technologies at www.ca.com.
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