Quantcast
This website uses cookies. By continuing to browse the site, you are agreeing to our privacy policy.
Log in Contact us

Financial Services

Anida, part of BBVA

Anida automated the management of real-estate repossessions through 12 key processes, 30% faster than expected

Financial Services

Anida, part of BBVA

Anida automated the management of real-estate repossessions through 12 key processes, 30% faster than expected

  • CUSTOMER:
  • Anida, part of BBVA
  • INDUSTRY:
  • Financial Services
  • LOCATION:
  • Spain

12

admission processes deployed in 19 weeks

3,500

cases created monthly

20%

of cases closed per month

Anida is responsible for BBVA’s real estate unit, managing inventory worth billions of euros.

The division was set up in 2011 in response to the global financial crisis, and they required an agile IT infrastructure to support fast optimization of the end-to-end processes, ranging from admitting the repossessed asset through to releasing it to market.

Bizagi created and defined an entirely independent and agile IT infrastructure in record time, enabling Anida to handle the large amount of property assets received from developers. In just 19 weeks, five less than expected, the entire end-to-end process was defined and implemented. Now an average of 3,500 cases are created monthly and over 20% are closed in the same period.

Talk to Bizagi

I'd use Bizagi for any project, regardless of size, scale or complexity. It truly is DPA without limits."

Alberto Serfaty, Senior Manager Performance Improvement, EY

Objectives:
  • Deliver an agile IT infrastructure to support fast optimization of the end-to-end processes and workflows and remove toxic assets from company’s books
  • Automate Admission, Purchase and Commercialization processes
  • Integrate new solution Web Portal, ERP, Valuation & Document Management systems
  • Provide visibility over all properties and assets
  • Create complete audit trail to show progression of all cases
Achievements:
  • 12 admission processes deployed in 19 weeks, five weeks shorter than expected
  • 3,500 cases created on average per month and over 20% are closed in the same period
  • Repossessed properties are processed and validated in a fraction of the time
  • Quality decisions and fast response times enabled by a single view of the asset and process information
  • Improved agility in adapting processes to comply with changing regulation

Find out how other customers have implemented Bizagi Automation

Global investment consulting arm of leading insurer gains more control and visibility by reducing complex process time by 50%.

Read their story

Spanish government financial agency processed 80,000 online credit applications in its first 6 months for 140,000 SMBs

Read their story

Largest agricultural lender in US replaces legacy processes to analyse 97% of loans in shorter timescales.

Read their story
Scroll to Top