AOT Trading Selects BPM Solution from Whitestein Technologies
Energy commodities trading company chooses Living Systems Process Suite to unify best-practice trading processes.
As a leading player in the energy commodities trading business, Transcor relies on its trading offices developing synergies through joint ventures and fast decision-making processes. Empowering its traders with a strong bottom-up, entrepreneurial culture to enable this high level of agility is a key pillar of the company's success.
"Granting our traders autonomy allows them to act on opportunities with great agility. At the same time, we want to unify best practice processes among global offices as a first step towards integrating several insular applications into a more holistic process-driven solution," said Ivan Huwiler, Chief Information Officer at AOT Trading.
The Living Systems Process Suite's uniquely dynamic capabilities allow AOT Trading to establish consistent, homogeneous trading processes without restricting the flexibility its traders need and expect. The solution lets the management easily capture and document standard processes in conventional and goal-oriented BPMN models.
Due to their sophisticated nature, goal-oriented processes can cover a large number of local and situational variants of process flows within the standard model while keeping the overall model lean and manageable. The Process Suite's smart engine has the unique capability to choose the optimal path to process goal fulfillment based on runtime conditions and key performance indicator (KPI) targets.
"We expect the Living Systems Process Suite to be a cornerstone of becoming more process-aware and to use that knowledge to evolve and spread a common best practice among our offices – all the while granting them the autonomy to be entrepreneurial and flexible," added Ivan Huwiler.
"This deployment of the Living Systems Process Suite in yet another vertical market is further evidence of the product's broad applicability. Its modular tools allow the enterprise to very rapidly build a prototype and then build-up the sophistication and depth of the solution in a pace that the people and organization can match," said Urs-Peter Oehen, Chairman & CEO of Whitestein Technologies.
Whitestein Technologies AG
Whitestein Technologies is a pioneer of self-adaptive enterprise software. We create software that responds to changing conditions so it can optimize your processes and infrastructures in real-time. To stay ahead, we are continuously advancing our innovations in the field of autonomous software agent technology. Whitestein Technologies was founded in 1999 and is privately held. The firm is headquartered in Zürich (Switzerland) with several global offices. For more information, go to http://www.whitestein.com.