Dassault Systèmes has unveiled its first industry solution experience for financial services: “Product Innovation Factory” in the heart of the London financial district. Based on Dassault Systèmes’ 3DEXPERIENCE platform, “Product Innovation Factory” allows product managers from investment, wealth management, insurance and banking organizations to capitalize on market opportunities, as well as to respond quickly to market and regulatory challenges in order to accelerate the lifecycle of financial products from ideas to sales.
“Product Innovation Factory” leverages the same technologies used by the world’s leading aerospace, consumer products, retail and life sciences companies to drive innovation, mitigate operational risk and maintain transparency regardless of product complexity. It is a deployable, collaborative solution that leverages Dassault Systèmes’ analytics, data management, collaboration and social intelligence software applications to improve bottom line performance and deliver a rapid ROI.
“Financial services firms must constantly innovate in order to profitably meet customers’ needs while maintaining their bottom line performance,” said Monica Menghini, Executive Vice President, Industry and Marketing, Dassault Systèmes.
The “Product Innovation Factory” industry solution experience provides an easy to use, configurable solution for product managers who are currently managing a variety of spreadsheets, documents, slide decks and in-house manual controls, all of which expose stakeholders to a significant amount of operational risk. The solution replaces this ad hoc system with a centralized environment that allows financial services companies to develop, manage and organize complex product details in real-time, from anywhere with full governance.
