Asia Financial Firms Explore Robotic Process Automation

Institutions can cut costs by 30 to 60 percent.

Sneha Kapoor
Sneha Kapoor, Senior Research Manager at IDC Asia Pacific

In a report, IDC Financial Insights, which assists financial services and technology companies, found that institutions using RPA are able to reduce turnaround time to complete a process by between 50 and 90 percent.

Michael Araneta, associate vice president of IDC Financial Insights for APAC, said in a statement that many other financial services institutions are at the pilot stage. “We expect continued growth in the next two to three years as more institutions appreciate the overall quick-to

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