This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

CIBC Wins Pegasystems' Business Transformation Award For Multi-Product Sales & Origination (MPSO) Platform

TORONTO, June 12, 2014 /CNW/ -   CIBC (TSX: CM) (NYSE: CM) announced today that it has been recognized with the Business Transformation Award from Pegasystems Inc. for use of their technology in the development of a new sales and product origination platform.

Pegasystems Inc. recognizes companies that have successfully leveraged Pega technology and its Build for Change ® thinking to improve the overall customer experience and increase business productivity and innovation.

The new platform will allow CIBC advisors to have more comprehensive sales and service conversations in less time, and make recommendations that meet client needs and facilitate deeper banking relationships with CIBC.

"This recognition speaks to our continued commitment to enhancing the client experience and making banking easy, personalized, and flexible," said Laura Money, Senior Vice President, Strategic Initiatives, CIBC. "We continue to invest in innovative technology that enables CIBC to better meet the needs of our clients today and in the future, and our new multi-product sales and origination platform is a great example of bringing innovative thinking to our branches across Canada."

CIBC was the only North American bank to receive the 2014 Business Transformation award which was presented at PEGAWorld 2014, a conference showcasing customers and partners that have used Pegasystems software for innovative transformation.

This recognition builds on CIBC's multi-year commitment to innovation for its clients. In 2010 CIBC became the first bank in Canada to deliver a mobile banking app to clients, and in 2012 became the first Canadian bank to launch a mobile payments app to allow clients to make credit card purchases using their smartphone. Last year, CIBC was first among the big five Canadian banks to deliver eDeposit allowing both personal and small business clients to deposit cheques using the camera on their mobile device.

About CIBC CIBC is a leading North American financial institution with nearly 11 million personal banking and business clients. CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada, and has offices in the United States and around the world. You can find other news releases and information about CIBC in our Media Centre on our corporate website at


Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.31 0.31%
FB $100.70 -3.20%
GOOG $677.13 -0.94%
TSLA $154.15 -5.20%
YHOO $27.24 -2.60%


Chart of I:DJI
DOW 15,918.36 -286.61 -1.77%
S&P 500 1,840.69 -39.36 -2.09%
NASDAQ 4,258.8210 -104.3230 -2.39%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs