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Identifying Automation Opportunities for Retail Banking

Automation Anywhere

The retail banking industry is faced with significant challenges to achieve optimal operational efficiency and profitability while providing the highest level of customer satisfaction. Retail banks offer a wide variety of products, including consumer loans, credit cards, and checking and savings accounts.

Retail 98
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Down-to-Earth Reasons for Banks to Go for Cloud and Cloud Automation

Automation Anywhere

Look at banking industry websites today. In its article “ The cloud imperative for the banking industry, ” Accenture states cloud investment has grown strongly in recent years and is predicted to continue growing at 15 percent annually until 2022. The average bank has 58% of its workload in the cloud.

Banking 98
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5 Best Areas for Automation in Finance

Automation Anywhere

Robotic Process Automation (RPA) has been driving greater efficiency, accuracy, and compliance in finance departments for several years. Automation reduces the number of manual controls, reporting errors, and operational costs of the finance and accounting function.

Finance 145
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BPO Philippines Reshaping The Retail & Banking Industry For 2022

Magellan Solutions

BPO Philippines Reshaping The Retail & Banking Industry. Retail banks , like most companies, face an urgent imperative to reimagine themselves. . Consumers’ banking preferences are rapidly evolving. But many banks have yet to fully transition due to limitations of their digital capabilities. .

Banking 52
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Top 5 Automation Use Cases for the Front Office

Automation Anywhere

For example, in an investment bank , the front-office departments consist of sales, investment banking, private equity, equity research trading, and wealth management. Why front-office automation? Those teams are responsible for increasing demand, increasing revenue, marketing , and after-sales services.

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The Hackett Group Announces 2021 Digital Award Winners

The Hackett Group

The project required a shift from on-premise systems to a 100% cloud platform while reducing operational cost and, at the same time, enabling greater capabilities and scalability. For example, FRSS applied robotic process automation (RPA) techniques to automate data extraction and consolidation.

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Hyperautomation: What Is It and Why It’s Important

Planergy Software

Examples of such technologies include artificial intelligence, machine learning, robotic process automation (RPA), and low-code tools. Automation vs. Hyperautomation With the increasing importance of customer experience in the insurance industry, businesses must implement technologies that make customers’ lives better.