Discover how DHL Group increased connectivity across the enterprise and automated multiple processes end-to-end
Stone Coast delivers greater business intelligence for enterprise-wide transparency across $29 billion in assets
25,000
cash movements completed per year
15,000
capital activity transactions completed per year
99.9%
error-free across critical workflows
6
weeks to deliver first application
The largest private hedge fund manager in the US, Stone Coast Fund Services was looking to digitize and automate its business processes for better operational efficiency. They handle multi-million dollar cash transfers on a daily basis and needed visibility and auditability over transactions and operations of $100 billion in assets under management. Up until 2016, their transactional cases were carried out over email or on paper which made it hard to see work in-flight. They needed to create a new way of working to make it easier to meet investment deadlines and effectively manage their clients’ portfolios.
Stone Coast deployed their first process in Bizagi in just six weeks, and over the course of seven years have scaled the platform to create workflows for 80 core business processes. Bizagi is now used by every department in the organization and has become their second most critical application behind their core fund accounting system. The platform gives them real-time visibility over cash movements and capital activity, making employees accountable and ensuring they always meet deadlines. Using Bizagi, they automated email ingestion so that clients’ requests are launched as new cases directly in the Bizagi platform. Additionally, Bizagi automatically generates audit trails for Stone Coast, making it easy for them to prove compliance on their annual audit.
Discover how the largest private hedge fund manager in the US leveraged Bizagi over a seven-year digital transformation journey to transform critical workflows.
Bizagi has become our second most critical application. Obviously, we have a core fund accounting system, but in support of that, Bizagi really is critical to how we support our organization as well as our clients and investors."
Justin Wood,
Senior Manager - Technology
Insight Investment launches process engineering Center of Excellence to deliver visibility & process improvement across the organization
Largest agricultural lender in US replaces legacy processes to analyze 97% of loans in shorter timescales.
The Austrian bank automated credit deferral to see the process’s efficiency increased by 90%
