Saarbrücken and Frankfurt In high-volume corporate credit loans or when the Bank wishes to the spread the risk, several credit institutions may share the financing. A syndicated loan agreement forms the basis of this type of financing and is usually issued in cooperation with the local cooperative banks. DZ BANK was quick to recognise the advantages of a web-based system for processing the relevant credit applications.

For this reason an appropriate Business Process Management (BPM) System was developed and successfully introduced at the end of 2003, in collaboration with entory AG (a former company of the Deutsche Börse Group) and TIBCO-Staffware. This web-based system represents a successful transition from a paper-oriented system to a system based on web technology, with many advantages, especially in the reduction of processing times.

Since the functionality for creating formatted text content and/or analyses was not foreseen at first, the administrators and analysts were limited to using attachments in proprietary text formats. This has now changed. The integration of RealObjects' editor edit-on® Pro has provided over 500 users across the country with a high-performance, user-friendly tool for the creation of analyses and other word processing tasks.

RealObjects edit-on® Pro has successfully removed a technical weak point in the system. The user-friendliness has been increased and the efficiency of the system has been improved. A decisive advantage for us is the user-friendliness, which provides ease of use and configurable editor settings.

"To format text to be acquired in the data entry process, edit-on® Pro offers users the look and feel of normal word processing. This satisfies the requirement of representing complex technical content in a structured way and also allows the data to be transferred in the same format to the forms created in the workflow system." Says Winfried von Coelln, Process Manager, DZ BANK AG, Frankfurt.

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About DZ BANK AG
DZ BANK AG, Deutsche Zentral Genossenschaftsbank Aktiengesellschaft in Frankfurt am Main is positioned as a central institution and corporate bank as well as a holding of the DZ BANK group. As one of the central banks for the local cooperative banks, it aims to provide tailor-made products, exemplary services and efficient processes. DZ BANK AG will develop into a leading Allfinanz Group with a European orientation over the next few years. DZ BANK is already the fifth largest banking group in Germany and is the 34th largest bank in the world.

In partnership with over 1,100 local cooperative banks, DZ BANK AG provides products and services in all relevant customer segments, liquidity management and reliable refinancing management.

About RealObjects
Founded in May 2000, RealObjects is a pioneering developer of easy-to-use, affordable and quick-to-deploy cross-platform WYSIWYG HTML/XHTML/XML editor solutions, which enable content authoring in Web- and Java-based applications. Its market leading editor applet edit-on Pro perfectly complements web based Content Management, Knowledge Management or e-Learning systems, and streamlines the process of in-browser Web authoring - across platforms, without installation of client-side software.

Headquartered in Saarbrücken, Germany, RealObjects is a privately held software manufacturer with more than 1500 corporate customers in over thirty countries, ranging from small businesses to Fortune 500 enterprises, educational institutions as well as government and non-profit organizations. A strong network of key business alliances, value added resellers and OEM partners has already been established.