The New Product Process (NPP) –
Documentation, Management and Optimization
The complexity and risks of modern financial products as
well as frequent changes in regulatory guidelines pose
growing challenges to financial institutions. Staying on
top of these risks while at the same time optimizing processes requires transparency in the workflows conducted
across numerous departments. This helps you to effectively manage and monitor your product portfolio:
How do you create and maintain a product portfolio that
conforms to regulatory guidelines?
How do you ensure that the relevant specialized departments are integrated with one another and that
the results of the approval process are fully documented?
How do you optimize your time to market when launching new products?
How You Can Benefit
The software solution “FPC – Financial Product Center”
offers support in documenting, controlling and optimizing the management of your financial products.
By implementing FPC you will be able to
use a standardized and binding product portfolio throughout your entire company that features clear product
Product
Development
Specialized
Departments
Product
Proposal
Preparatory
Measures
Testing Phase
Final
Assessment
Launch
NPP Coordinator
ORC
FPC
Using a standard process developed in cooperation with
several renowned German financial institutions that is in
line with regulatory guidelines, FPC supports you in launching new products as well as developing new markets.
While developing this practical tool, special consideration was given to ensure that FPC is suitable for such
significant financial institutions.
definitions, providing you with a well-founded and secure
basis for decision-making (record-keeping department),
enter queries on the approval status of your financial
products on an ad hoc basis and
save time, money and other resources by monitoring if
the relevant departments are integrated with one another
in addition to a systematic monitoring of deadlines.
RWC
ECM
DMC
ICC
FPC – Keep Track of New Products
FPC supports you with software integrated workflows for
product launches and modifications that are in line with
regulatory guidelines as well as a transparent management of the use of these products. You can monitor the
opportunities and risks of a given product from the ini-
efit from the historization and traceability of the recorded data in FPC for more efficient adherence to regulatory
and internal requirements. The ability to flexibly adapt the
software puts you in a position to react to changes in
legal regulations or internal business policies.
Commercial
products
…
Credit
products
Expert
Consultation
tial phase up to its launch by authorized parties. Specialized departments are integrated individually and kept informed of outstanding tasks thanks to various accessible
overviews. Your internal and external auditors will ben-
Documents
Reporting
Measures
We would be happy to outline how FPC can help you give
more transparency to your approval process, while enabling an accelerated completion of the New Product Process.
Security through Standards and a Tried-and-True Technology
FPC is based on interexa AG’s tried-and-true internet technology, which is used by numerous companies of different
sizes in Germany, Austria, Switzerland and other countries.
Its most important features are a role-based access con-
trol system which can be adjusted to your requirements,
auditability, workflow management, extensibility, various
reporting options and easy adaptability.
Your Contact Person
interexa AG
VÖB-Service GmbH
Pascal Demaré
+49 (61 31) 1 44 07 - 29
[email protected]
Wilhelm-Theodor-Römheld-Str. 30
D-55130 Mainz · Germany
Olaf Zißner
+49 (2 28) 81 92 -1 65
[email protected]
Godesberger Allee 88
D-53175 Bonn · Germany