Country for PR: United States
Contributor: PR Newswire New York
Thursday, April 15 2021 - 18:00
AsiaNet
Bankhaus von der Heydt fuels blockchain and crypto business growth with Appian
MUNICH, April 15, 2021 /PRNewswire-AsiaNet/ --

- One of Europe's oldest banks delivers new FinTech products 10x faster and 
reduces onboarding from one week to 10 minutes with a low-code automation 
platform 

Appian (NASDAQ: APPN) today announced that Bankhaus von der Heydt is using 
Appian to automate back-office operations and grow its banking business through 
new FinTech offerings. The Appian Low-code Automation Platform ( 
https://c212.net/c/link/?t=0&l=en&o=3129260-1&h=640448641&u=https%3A%2F%2Fwww.appian.com%2Fplatform%2F%3Futm_source%3Dreferral%26utm_medium%3Dpress-release%26utm_campaign%3Dfs-2021%26utm_term%3Dcustomer-de-bankhaus&a=Appian+Low-code+Automation+Platform 
) enables the bank to launch and manage new financial products and services 
faster, and accelerate their new institutional client onboarding time. 

Logo - https://mma.prnewswire.com/media/1488235/Appian_Logo.jpg

"Using Appian, we were able to conquer new markets, gain significant market 
share, and deliver new products to our customers ten times faster than before," 
according to Philipp Doppelhammer, Managing Director and Member of the 
Management Board at Bankhaus von der Heydt. 

Founded in 1754, Bankhaus von der Heydt has been recognized as a "Digital 
Champion" among German private banks in a 2021 study, which analyzed 
approximately 13,000 companies. It is one of the first banks in Germany to 
offer blockchain, cryptocurrencies trading, and crypto custody services for 
financial institutions. 

Von der Heydt's new FinTech Portal, built on Appian, connects with the bank's 
legacy core banking, brokerage, and crypto custody systems to provide secure 
data visibility to employees. The Bankhaus team can create customized client 
offerings within one day, allowing them to meet fast-changing requirements and 
scale their business without increasing their headcount. The solution also 
provides better visibility of products and projects across von der Heydt 
systems for better operational reporting, and simplified compliance and risk 
management.

In addition, von der Heydt is using Appian to accelerate new institutional 
client onboarding time. The solution integrates Know Your Customer (KYC) 
requirements as part of the digital onboarding process to gather documents, 
verify accounts, and conduct customer due diligence for risk management. The 
new digital workflow reduced new trading partner onboarding time from one week 
to under ten minutes.

"Bankhaus von der Heydt shows how a historical, traditional bank can innovate 
and be a leader in the FinTech space by leveraging low-code automation," said 
Dirk Pohla, Regional Vice President at Appian DACH. "By digitizing key 
operations and workflows, they are saving time, delivering products and 
services faster for their employees and clients." 

Watch this Bankhaus von der Heydt video ( 
https://c212.net/c/link/?t=0&l=en&o=3129260-1&h=2412007436&u=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DXGTTnIsSNjk%3Futm_source%3Dreferral%26utm_medium%3Dpress-release%26utm_campaign%3Dfs-2021%26utm_term%3Dcustomer-de-bankhaus&a=Bankhaus+von+der+Heydt+video 
) to see how the bank is using Appian to scale its business. Find out why 5 of 
the world's top 10 banks are Appian customers and explore our financial 
services solutions ( 
https://c212.net/c/link/?t=0&l=en&o=3129260-1&h=2883096588&u=https%3A%2F%2Fwww.appian.com%2Findustries%2Ffinancial-services-banking-and-capital-markets%2F%3Futm_source%3Dreferral%26utm_medium%3Dpress-release%26utm_campaign%3Dfs-2021%26utm_term%3Dcustomer-de-bankhaus&a=financial+services+solutions 
).

About Appian

Appian helps organizations build apps and workflows rapidly, with a low-code 
automation platform. Combining people, technologies, and data in a single 
workflow, Appian can help companies maximize their resources and improve 
business results.  Many of the world's largest organizations use Appian 
applications to improve customer experience, achieve operational excellence, 
and simplify global risk management and compliance. For more information, visit 
www.appian.com.

SOURCE  Appian

CONTACT: Cindy Cheng, Sr. Director of Communications, EMEA, Appian, 
pr.emea@appian.com