Judging by spending on automation technology, financial services organizations around the world are welcoming digital transformation with open arms.
A Gartner study found that it was the most popular area for tech spending in 2018 among financial service companies, and figures by IDC estimate that by 2021 they will have spent $500bn on hardware, software and external IT services.
Many of those adopting digital transformation opt for a digital automation platform (DPA) to modernize and automate day-to-day tasks like loan origination and inter- bank transactions. A DPA will allow you to:
- Improve efficiency and agility
- Increase client and employee satisfaction
- Increase security
- Improve risk management
- Future-proof your business
To learn more about the advantages of building modern process applications to automate workflows and transform your company, download the Top Reasons to Modernize Your Financial Process report.
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