OakbrookSolutions announced today that it will be participating in a new $10 million contract awarded by the Office ofthe Comptroller of the Currency (OCC) to design and implement the agencyâs Central Application Tracking System (CATS). The CATS project will automate the submission and processing of paper-based licensing and regulatory filings that U.S. commercial banks submit to the OCC.
The contract, which was awarded to REI Systems of Herndon, VA, includes design, development, implementation, operations and maintenance, change management and training, and technical support under a two-year period of performance. Oakbrook will also be working with its Business Process Management (BPM) partner, Appian Corporation. Appian will supply its award-winning BPM software suite and consulting services, while Oakbrook will provide key subject matter support in the areas of banking, change management, and training.
âOakbrook Solutions is pleased to begin a new relationship with the OCC in support of their BPM efforts. The experience that we have gained in the field of BPM with our WealthWorxÂ® product and our decade long historyof managing change in the banking environment makes this project a natural fit for our core expertise,â saidTony Painter, Oakbrook Solutions CEO. âThis project gives us the opportunity to work with our long-time partner in the BPM space, Appian Corporation, as well as more fully develop our new relationship in the area of Federal Government contracting with REI.â