Enter the Robots: Enhancing Reconciliations through Robotic Process Automation
Robotic process automation possesses significant potential to enhance reconciliations operations particularity when married to artificial intelligence.
Reconciliation is hardly the sexiest part of trade processing. While it’s an undeniably key process whereby capital markets firms aim to ensure that the money leaving an account matches whatever is spent with the view to balancing those accounts at the end of a recording period, the significant proportion of this work is still carried out via spreadsheets in a manual, time-consuming manner.
As such, this can be a problematic space for many firms, particularly those on the buy side seeking to
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