It is increasingly common for financial institutions to rely heavily on external third parties for the provision of key infrastructure, services, and support for critical processes. This means..
We’ve touted the unique advantages of RPA many times. From its ease of use supported by a low-code development environment and the non-intrusive nature by operating at the user interface level, to..
Everyone knows the magic formula to running a successful business: Increase profit by growing revenue and managing costs. Easy, right? While this may be the case for a lucky few, this notion..
In this series, we discussed the critical areas to be targeted in the aftermath of a crisis as part of a reassessment of an operational resilience program. The third critical area that should be..
RPA is quickly becoming one of the fastest growing technology sectors. According to a new study from Gartner, “Finance departments can save their teams from 25,000 hours of avoidable rework caused..
In this series, we have discussed the areas to be included in a post-crisis assessment of an operational resilience program. The second area that should be reassessed is the identification and..
Identifying an executive sponsor to implement a major initiative might seem like an obvious step, but when it comes to RPA, its importance goes beyond the typical project leader role.
Over two months since it was first announced, the Main Street Lending Program (MSLP) has finally launched. Once registered, lenders will be able to start issuing loans under the program.
A Center of Excellence (COE) is one of the most commonly adopted terms used by commercial and government organizations today. However, this can be a nebulous definition used to describe very..
The second round of the Paycheck Protection Program (PPP) has lasted longer than what many had initially assumed. After the first round of funding was exhausted in a matter of days, the Small..
As the initial shock of COVID-19 passes and organizations adjust to a “temporary normal” state, most financial institutions across the U.S. have shown remarkable resilience in continuing critical..
If Robotics Process Automation (RPA) is a key foundational technology that can enable an organization to take advantage of other new technologies, it stands to reason that it’s highly important that..
If working with an Anti-Money Laundering (AML) model, it is important to note that tuning is not a one-time effort. This action should occur on a regular basis. As factors like the economy and a..
For Asset Managers, the quarterly close process is often riddled with manual, time consuming, and inefficient processes. One such process is the generation of Partner Capital Statements (PCAP), a..