Overview
Operational efficiency is the heart of any successful business. The use of machine power to execute business processes and operations with a greater efficiency, minimum workforce, less human error and reduced cost is regarded as automation. Robotics, software robotics, and robotic process automation—all describe computer applications that automate mundane tasks typically performed by humans, at a fraction of the cost and faster speeds.
However beyond automation lies the new, emerging world of Intelligent Automation. Intelligent Automation, a mix of AI (including NLP, machine learning, machine vision and automation, enables analysis of vast amounts of information by automating partial or entire business processes to enhance productivity, quality, predictability, and agility with reduced time-to-deliver outcomes.
NIIT Technologies provides the requisite framework right from design to implementation stage to empower organizations transform a business function or the part of the operation to work automatically using RPA, BPM suites, Remote Desktop Automation, Screen scraping, Custom scripting, related technologies like AI, NLP, Machine Learning, Machine Vision, thereby making business operations more effective and efficient .
Key Features
Bridging the Gap with Intelligent Automation
Front Office
- Digital Onboarding: Automated subscription based event notifications and alerts
- Smart Onboarding, pre filled forms, digital-signatures, NLP/Chabot to help complete tasks, ability to trigger automated workflows
Middle Office
- Automated ETL/Data flows
- Customer 360 degree view
- Rules engine and Data Analytics to meet regulatory requirements like Anti-Money Laundering, Fraud detection
Back Office
- Integration with counter party systems, 3rd party systems
- RPA, NLP, Optical Character Recognition, Bar- Codes/QR codes and Intelligent Routing
Key Benefits
NIIT Technologies’ Enterprise automation solution enhances the efficiency of the complete trade life cycle.
Front Office:
Deliver an enhanced client / advisor experience while streamlining administrative tasks for bending down the cost curve and raising operational efficiencies. Drive reliance on data driven analysis to aid investment planning and management.
Middle Office:
Eliminate islands of processes, workflows and data that don't interconnect across business functions. Improve trade processing operations, and reduce costs. Mitigate operational risk via data driven insights.
Back Office:
Rescue back-office procedures from high degree of manual processing, needless high expenses and errors. Eliminate dependence on multiple business functions and systems via IT systems integration