|[December 10, 2012]
Dassault Systèmes Launches the First Industry Solution Experience for Financial Services: "Product Innovation Factory"
LONDON --(Business Wire)--
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' (News - Alert) 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
"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 small boutique firm all the way up to a global
"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
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.
About Dassault Systèmes
Dassault Systèmes, the 3DEXPERIENCE Company, provides business and
people with virtual universes to imagine sustainable innovations. Its
world-leading solutions transform the way products are designed,
produced, and supported. Dassault Systèmes' collaborative solutions
foster social innovation, expanding possibilities for the virtual world
to improve the real world. The group brings value to over 150,000
customers of all sizes, in all industries, in more than 140 countries.
For more information, visit www.3ds.com.
CATIA, SOLIDWORKS, SIMULIA, DELMIA, ENOVIA, GEOVIA, EXALEAD,
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Systèmes or its subsidiaries in the US and/or other countries.
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