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Dassault Systèmes unveils Product Innovation Factory

Paris-based software company Dassault Systemes has launched its new technology for financial organizations, 'Product Innovation Factory', to streamline the creation, management and marketing of financial products.

The new system has been designed to assist product managers from investment, wealth management, insurance and banking enterprises to exploit market opportunities, while swiftly respond to market and regulatory challenges.

It also allows the financial organizations to drive improvement, mitigate operational risk and maintain transparency regardless of product complexity in addition to expediting the lifecycle of financial products from ideas to sales.

The new product is scalable, rapidly deployable, collaborative, which uses Dassault Systèmes’ analytics, data management, collaboration and social intelligence software to improve bottom line performance and deliver a rapid return on investment (ROI).

The product replaces spreadsheets, documents, slide decks and in-house manual controls with a centralized environment, enabling financial services companies to develop, manage and organize complex product details in real-time, from anywhere with full control.

The company serves more than 150,000 customers in 140 nations across the globe.