• Chennai, Bangalore & Online: 93450 45466Coimbatore: 95978 88270Madurai: 97900 94102

  • How is Robotic Process Automation (RPA) used in Banking Industry?



    To stay competitive in a rapidly increasing saturated market specifically with the more widespread adoption of the virtual banking. The banking companies had to identify a path to provide the excellent possible user experience to their customers. The great challenge to reduce cost and maximize efficiency when managing the maximum security levels has also increased. The RPA has become an effective tool and the most powerful. Let us discuss How is Robotic Process Automation (RPA) used in Banking Industry?

    RPA has dramatically streamlined a various kind of back-office processes which once bogged down the bank workers. By switching most of these boring manual tasks from human to machine, the banks can minimize the requirement for human involvement that has had a very direct impact on everything from the performance and efficiency levels to the staffing problems and expenses.

    The below-mentioned processes are suitable for automation in banking industries

    • Account origination
    • Account receivable
    • Account payable
    • Deposit processing
    • Mortgage processing
    • Surrenders
    • Loan processing
    • Lapse
    • Underwriter support
    • Collections
    • Customer service
    • Investment processing
    • Cheque processing
    • Employee onboarding and off-boarding
    • Billing
    • Service desk

    Benefits Of RPA

    • The robots operate 24/7 for you, at the lowest cost with the highest accuracy. They are able to finish the task by themselves or complete one initiated by a human.
    • We can add numerous robots on just a click at your business peak hours. This is because the robots are said to be highly scalable.
    • Also, RPA generates complete audit trails for each and every process to assist you to achieve the process compliance and minimize the business risk.
    • You can recognize RPA’s impact from the day of adoption. You can now see the cost of the processing reduces by 30% to 70%.

    AutomationEdge Robotic Process Automation (RPA) Solution Deployments In Banks

    AutomationEdge is deployed successfully over 5 top most financial services firms and banks successfully. The use cases range from service desk automation, customer onboarding, employee onboarding, reporting, regulatory compliances, customer service requests, etc. Using this experience, we have determined a structured approach to developing RPA solutions. Hence this experience helps the financial institutions refer an RPA roadmap, choose accurate tools, make a pilot, fix an operating model, run governance, build the right team and evaluate the solution before launching.

    Conclusion

    The banking companies are facing the demands which are increasing to handle as lean an operation as possible today when also the delivering exceptional client experience at the minimal cost. RPA Training in Chennai makes it possible for the financial institutions to acquire these goals and stay competitive in an environment which is an ever-changing one.






    Quick Enquiry

    Contact Us

    Chennai

      93450 45466

    Bangalore

     93450 45466

    Coimbatore

     95978 88270

    For Hiring

     93840 47472
     hr@fita.in

    Corporate Training

     90036 23340


    FITA Academy Branches

    Chennai
    Bangalore
    Coimbatore
    Other Locations
    FITA Academy - Velachery
    Plot No 7, 2nd floor,
    Vadivelan Nagar,
    Velachery Main Road,
    Velachery, Chennai - 600042
    Tamil Nadu

        :   93450 45466

    FITA Academy - Anna Nagar
    No 14, Block No, 338, 2nd Ave,
    Anna Nagar,
    Chennai 600 040, Tamil Nadu
    Next to Santhosh Super Market

        :   93450 45466

    FITA Academy - T Nagar
    05, 5th Floor, Challa Mall,
    T Nagar,
    Chennai 600 017, Tamil Nadu
    Opposite to Pondy Bazaar Globus

        :   93450 45466

    FITA Academy - Tambaram
    Nehru Nagar, Kadaperi,
    GST Road, West Tambaram,
    Chennai 600 045, Tamil Nadu
    Opposite to Saravana Jewellers Near MEPZ

        :   93450 45466

    FITA Academy - Thoraipakkam
    5/350, Old Mahabalipuram Road,
    Okkiyam Thoraipakkam,
    Chennai 600 097, Tamil Nadu
    Next to Cognizant Thoraipakkam Office and Opposite to Nilgris Supermarket

        :   93450 45466

    FITA Academy Marathahalli
    No 7, J J Complex,
    ITPB Road, Aswath Nagar,
    Marathahalli Post,
    Bengaluru 560037

        :   93450 45466

    FITA Academy - Saravanampatty
    First Floor, Promenade Tower,
    171/2A, Sathy Road, Saravanampatty,
    Coimbatore - 641035
    Tamil Nadu

        :   95978 88270

    FITA Academy - Singanallur
    348/1, Kamaraj Road,
    Varadharajapuram, Singanallur,
    Coimbatore - 641015
    Tamil Nadu

        :   95978 88270

    FITA Academy - Madurai
    No.2A, Sivanandha salai,
    Arapalayam Cross Road,
    Ponnagaram Colony,
    Madurai - 625016, Tamil Nadu

        :   97900 94102

  • Trending Courses

    JAVA Training In Chennai Dot Net Training In Chennai Software Testing Training In Chennai Cloud Computing Training In Chennai AngularJS Training in Chennai Big Data Hadoop Training In Chennai Android Training In Chennai iOS Training In Chennai Web Designing Course In Chennai PHP Training In Chennai Digital Marketing Course In Chennai SEO Training In Chennai

    Oracle Training In Chennai Selenium Training In Chennai Data Science Course In Chennai RPA Training In Chennai DevOps Training In Chennai C / C++ Training In Chennai UNIX Training In Chennai Placement Training In Chennai German Classes In Chennai Python Training in Chennai Artificial Intelligence Course in Chennai AWS Training in Chennai Core Java Training in Chennai Javascript Training in ChennaiHibernate Training in ChennaiHTML5 Training in ChennaiPhotoshop Classes in ChennaiMobile Testing Training in ChennaiQTP Training in ChennaiLoadRunner Training in ChennaiDrupal Training in ChennaiManual Testing Training in ChennaiSpring Training in ChennaiStruts Training in ChennaiWordPress Training in ChennaiSAS Training in ChennaiClinical SAS Training in ChennaiBlue Prism Training in ChennaiMachine Learning course in ChennaiMicrosoft Azure Training in ChennaiUiPath Training in ChennaiMicrosoft Dynamics CRM Training in ChennaiUI UX Design course in ChennaiSalesforce Training in ChennaiVMware Training in ChennaiR Training in ChennaiAutomation Anywhere Training in ChennaiTally course in ChennaiReactJS Training in ChennaiCCNA course in ChennaiEthical Hacking course in ChennaiGST Training in ChennaiIELTS Coaching in ChennaiSpoken English Classes in ChennaiSpanish Classes in ChennaiJapanese Classes in ChennaiTOEFL Coaching in ChennaiFrench Classes in ChennaiInformatica Training in ChennaiInformatica MDM Training in ChennaiBig Data Analytics courses in ChennaiHadoop Admin Training in ChennaiBlockchain Training in ChennaiIonic Training in ChennaiIoT Training in ChennaiXamarin Training In ChennaiNode JS Training In ChennaiContent Writing Course in ChennaiAdvanced Excel Training In ChennaiCorporate Training in ChennaiEmbedded Training In ChennaiLinux Training In ChennaiOracle DBA Training In ChennaiPEGA Training In ChennaiPrimavera Training In ChennaiTableau Training In ChennaiSpark Training In ChennaiGraphic Design Courses in ChennaiAppium Training In ChennaiSoft Skills Training In ChennaiJMeter Training In ChennaiPower BI Training In ChennaiSocial Media Marketing Courses In ChennaiTalend Training in ChennaiHR Courses in ChennaiGoogle Cloud Training in ChennaiSQL Training In ChennaiCCNP Training in Chennai

  • Are You Located in Any of these Areas

    Adyar, Adambakkam, Anna Salai, Ambattur, Ashok Nagar, Aminjikarai, Anna Nagar, Besant Nagar, Chromepet, Choolaimedu, Guindy, Egmore, K.K. Nagar, Kodambakkam, Koyambedu, Ekkattuthangal, Kilpauk, Meenambakkam, Medavakkam, Nandanam, Nungambakkam, Madipakkam, Teynampet, Nanganallur, Navalur, Mylapore, Pallavaram, Purasaiwakkam, OMR, Porur, Pallikaranai, Poonamallee, Perambur, Saidapet, Siruseri, St.Thomas Mount, Perungudi, T.Nagar, Sholinganallur, Triplicane, Thoraipakkam, Tambaram, Vadapalani, Valasaravakkam, Villivakkam, Thiruvanmiyur, West Mambalam, Velachery and Virugambakkam.

    FITA Velachery or T Nagar or Thoraipakkam OMR or Anna Nagar or Tambaram branch is just few kilometre away from your location. If you need the best training in Chennai, driving a couple of extra kilometres is worth it!