BNP Paribas Factor

Based in Paris, France, BNP Paribas Factor provides financial services to > 5,000 companies: corporate financing, credit cover, “dunning” and accounts receivable. BNP Paribas Factor operates in France, Belgium, Holland, Italy, Portugal, Turkey and North African countries.

Challenge

Provide a totally new Factoring and Project Financing core and distributed system to replace a legacy with high cost of ownership and limited functionality. 

Delivery

A comprehensive suite supporting domestic and international branches. Multi-site, multi-language, featuring mobility through its “thin client” capability, operating through a B2B portal.  

Results

• ·     Implemented system in new web and client/server platforms
• ·     Fully automated supply chain processing multi million contracts/year
• ·     Highly scalable solution: Started with 2 Unix platforms, now 8 with high availability and increased response time
• ·     Implementation of a B2B factoring market-place and risk management services