Dassault Systèmes Launches the First Industry Solution Experience for Financial Services: “Product Innovation Factory”

10/12/2012

“Product Innovation Factory” Transforms the Way Financial Products are Created, Managed and Sold

LONDON — December 10, 2012 – Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, a world leader in 3D design, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, today unveiled in the heart of the London financial district its first industry solution experience for financial services: “Product Innovation Factory”. 

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.

“Product Innovation Factory” is a rapidly deployable, collaborative solution that leverages Dassault Systèmes’ market leading analytics, data management, collaboration and social intelligence software applications to improve bottom line performance and deliver a rapid ROI. It is scalable from a small boutique firm all the way up to a global enterprise.

“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.  “With the rigor of an explicit, repeatable and fully traceable product creation process, “Product Innovation Factory” establishes the foundation needed to provide speed and agility to deliver new financial products and drive market profitability.”

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. It is estimated that 20-30% efficiency can be realized by spending less time collecting, organizing and validating data.

In addition to “Product Innovation Factory”, Dassault Systèmes leverages over 30 years of industry transformation expertise across twelve industries to deliver financial services solutions supporting advanced analytics, regulatory insight and customer intelligence.

For more information on Dassault Systèmes solutions for the financial services industry, please visit: http://www.3ds.com/financial-services.

Über Dassault Systèmes

Dassault Systèmes, die 3DEXPERIENCE Company, ermöglicht Unternehmen und Menschen durch virtuelle Welten nachhaltige Innovationen tatsächlich erlebbar zu machen. Seine weltweit führende 3D-Design-Software sowie Lösungen für digitale Prototypen in 3D und Product Lifecycle Management (PLM) erschließen vollkommen neue Wege, Produkte und Anlagen zu konzipieren, produzieren und zu warten. Die Dassault Systèmes 3DEXPERIENCE Plattform besteht aus dem folgenden Bausteinen:

•     Plattform für soziale Innovationen, basierend auf den Brands ENOVIA und 3DSWYM
•     Plattform für suchbasierte Anwendungen(SBA) mit den Brands EXALEAD und NETVIBES
•     Plattform für die Aufbereitung und Simulation von Produkt- und Prozesswissen, unterstützt durch die Brands 3DVIA, DELMIA und SIMULIA
•     Plattform für 3D–basiertes Design und Modellierung mithilfe der Brands CATIA und SOLIDWORKS Real Time Experience - die offene und flexible
•     Plattform für die funktions- und unternehmensübergreifende Anwendungs- und Prozessintegration.

Der Konzern betreut über 150.000 Kunden jeder Größe und in allen Branchen in mehr als 80 Ländern.

CATIA, SOLIDWORKS, SIMULIA, DELMIA, ENOVIA, GEOVIA, EXALEAD, NETVIBES, 3DSWYM und 3D VIA sind eingetragene Warenzeichen von Dassault Systèmes oder seinen Tochterunternehmen in den USA und/oder anderen Ländern.