14.02.2005 14:31:00
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Pegasystems Selected to Provide GMAC-RFC With Business Process Managem
Business Editors/Software Writers/High-Tech Writers
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Feb. 14, 2005--Pegasystems Inc. (NASDAQ: PEGA) announced today that GMAC-RFC has selected its PegaRULES Process Commander solution as part of an initiative to provide easy-to-use, rules-driven technology that enhance the company's business process management capabilities.
GMAC-RFC chose Pegasystems after a rigorous nine-month selection process. The contract was finalized in the fourth quarter of 2004. "It's an honor to be chosen by one of the world's most prestigious financial services companies," said Michael Wallrich, Senior Vice President of Global Sales, Pegasystems. "GMAC-RFC's strategic commitment to our solutions validates our strong position in the BPM market and confirms that rules-driven business process management solutions provide increased agility for growth, productivity and compliance."
About GMAC-RFC
GMAC-RFC, a wholly-owned subsidiary of GMAC Financial Services, is a leading private issuer of mortgage-backed securities and mortgage-related loan asset-backed securities, and the No. 1 warehouse
lender in the United States. The company leverages its strengths in securitization, lending and investment to offer a broad portfolio of innovative capital solutions to businesses in a variety of markets.
The company is headquartered in Minneapolis and operates in the United States, Canada, Mexico, United Kingdom and Continental Europe. www.gmacrfc.com.
About Pegasystems
Pegasystems Inc. (NASDAQ: PEGA) delivers rules-driven smart BPM software for automating complex and changing business processes. Only smart BPM gives customers the flexibility and agility to build for change, closing the execution gap between management decisions and business operations. Pegasystems offers award-winning Business Process and Business Rules capabilities complemented with best-practice solution frameworks that empower Fortune 500 companies in the financial service, insurance, healthcare and government markets. Pegasystems is headquartered in Cambridge, Mass., and has regional offices in North America, Europe and the Pacific Rim. For more information, visit www.pega.com.
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CONTACT: Pegasystems Inc. Beth Lewis, 617-374-9600, ext. 6077 Director, Public and Investor Relations beth.lewis@pega.com or Laura Sudnik, 617-374-9600 ext. 6278 Sr. Public Relations Manager laura.sudnik@pega.com
KEYWORD: MINNESOTA MASSACHUSETTS INDUSTRY KEYWORD: HARDWARE BANKING SOFTWARE MARKETING AGREEMENTS SOURCE: Pegasystems Inc.
Copyright Business Wire 2005
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