SS&C looks to leverage Blue Prism’s RPA capabilities to improve reconciliations, onboarding

After acquiring Blue Prism earlier this year, SS&C is looking to pair its Chorus business process optimization tool with the RPA specialist.

robot hand

In March, SS&C Technologies closed its $1.6 billion acquisition of Blue Prism, a company that specializes in robotic process automation. While there are those in financial services who feel that RPA is a “Band-Aid” rather than a root-cause remedy for manual processes, Michael Megaw, managing director of business process automation at SS&C, believes there’s a misconception about so-called digital workers.

“You can point digital workers in the direction of the work that needs to be done—RPA

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Brown Brothers Harriman unifies busy suite of AI products

It’s a new world, contend BBH’s Kevin Welch and Josh Fine. After a few years of experimentation that yielded several AI products for the bank and its clients, it was time to put the puzzle pieces together to serve a different way of working post-Covid.

Bank-backed Versana takes aim at syndicated loan tech

Born from a consortium that includes JP Morgan and Bank of America, Versana aims to bring up-to-date and permissioned data to the syndicated loan market—the first step to a more transparent and faster operating market.

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