The wider acceptance and active development of machine learning techniques and data analytics have made it possible to optimize and automate business processes. This presents a lucrative opportunity for banks to redesign their operations to cut processing times and improve transparency. We present the potential of these techniques by applying a machine learning approach to a hidden reserves/losses process that can often be found in the finance departments of banks.
WeiterlesenIn the world of established business processes, Robotic Process Automation (RPA), or short Robotics, is on everyone’s lips. As a tool to automate well-defined but time-consuming repetitive standard processes in a cost-effective way, RPA has versatile applications.
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