White Paper: Business Activity Monitoring (BAM) in the Banking Industry

A CXP White Paper

A complex, turbulent banking environment – featuring significant financial stakes, ever-evolving regulations, and an increasing number of products backed by complex information systems – has created a pressing need for financial institutions to improve visibility into their business processes and operational management. Systematic, proactive control provided by Business Activity Monitoring (BAM) makes it possible to detect, identify and address incidents in real-time and enables banks to effectively mitigate risk.

In this whitepaper, you will explore:

  • The basic three layers of a BAM service, the two types of repositories, and the correlation engine
  • The difference between BAM and Business Process Management (BPM)
  • 5 case studies for using BAM in the financial services industry

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