Key Takeaways
- • LaSalle Investment Management, one of the world's leading real estate investment managers with over $79 billion in assets under management as of Q4 2022, has selected Aurachain's low-code platform to drive end-to-end process automation, according to a Business Wire release dated April 11, 2023.
- • LaSalle chose Aurachain after evaluating several other offerings against its requirements list, with Head of Business Innovation Sofia Vujatov saying the platform "checked all the boxes."
- • The platform is intended to accelerate process automation under LaSalle's ongoing real innovation initiative, with stated goals of faster innovation, reduced development team strain, and lower costs of process application builds.
- • Aurachain highlighted configurable KPIs, multi-level approvals, escalation tools, and enterprise governance and audit capabilities as key differentiators for a financial services firm needing compliance and transparency.
Summary
Aurachain, a Palo Alto, California-based provider of a low-code development platform for building process applications, announced that LaSalle Investment Management will use its platform to enable end-to-end process automation. According to the announcement issued via Business Wire, LaSalle selected Aurachain after the platform demonstrated its collaborative development environment and enterprise governance capabilities during the vendor selection process.
LaSalle plans to use the platform to accelerate process automation projects as part of its ongoing real innovation initiative. The firm expects low-code technology to help it innovate at a faster pace, reduce pressure on its development teams, and lower the overall cost of building process applications.
Sofia Vujatov, Head of Business Innovation at LaSalle, said the decision to partner with Aurachain was straightforward, noting the firm had already created a requirements list and evaluated several other offerings before selecting the platform. She cited the rate of innovation and ease of application maintenance as points that impressed the firm.
Adela Wiener, CEO of Aurachain, said the company was pleased to support LaSalle's innovation journey and that the platform's enterprise governance capabilities make it well suited to financial services organizations that need to streamline processes while maintaining compliance. The company cites configurable KPIs, multi-level approvals, escalation tools, and governance and audit features as providing the flexibility, visibility, and transparency LaSalle requires.
LaSalle Investment Management manages over $79 billion of assets across private and public real estate property and debt investments as of Q4 2022, serving pension funds, insurers, governments, corporations, endowments, and private individuals. The announcement is a vendor-issued press release, and the financial terms of the engagement were not disclosed.
LaSalle plans to use the platform to accelerate process automation projects as part of its ongoing real innovation initiative. The firm expects low-code technology to help it innovate at a faster pace, reduce pressure on its development teams, and lower the overall cost of building process applications.
Sofia Vujatov, Head of Business Innovation at LaSalle, said the decision to partner with Aurachain was straightforward, noting the firm had already created a requirements list and evaluated several other offerings before selecting the platform. She cited the rate of innovation and ease of application maintenance as points that impressed the firm.
Adela Wiener, CEO of Aurachain, said the company was pleased to support LaSalle's innovation journey and that the platform's enterprise governance capabilities make it well suited to financial services organizations that need to streamline processes while maintaining compliance. The company cites configurable KPIs, multi-level approvals, escalation tools, and governance and audit features as providing the flexibility, visibility, and transparency LaSalle requires.
LaSalle Investment Management manages over $79 billion of assets across private and public real estate property and debt investments as of Q4 2022, serving pension funds, insurers, governments, corporations, endowments, and private individuals. The announcement is a vendor-issued press release, and the financial terms of the engagement were not disclosed.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.