Home   News   Features   Interviews   Magazine Archive   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
≔ Menu
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Latest news
  3. Ventiv introduces Robotic Process Automation
Latest news
Ventiv introduces Robotic Process Automation
11 April 2018 Atlanta
Reporter: Madeleine Saghir

Image: Shutterstock
Ventiv Technology has introduced Robotic Process Automation (RPA) for claims, risk, and insurance clients.

RPA automates manual processes and integrates disparate applications and systems.

According to Ventiv, RPA allows manual work including gathering external data, pointing-and-clicking, typing, double entry of information, and values checking, to be completed at a more efficient rate.

Ventiv RPA integrates any Ventiv services with various applications, including websites, email systems, word-processing applications, and PDF readers.

Ventiv RPA can improve renewals and submissions processes for risk and insurance teams, as well as automate the process of managing certificates.

Bill Diaz, CEO of Ventiv, said: “RPA is still an emerging technology, but it has been proven effective in use across sectors and industries. RPA is also well known for generating impressive returns on investment.”

Diaz added: “Ventiv RPA is a remarkable new technology, a game changer for any organisation that seeks to build a responsive, high-growth, and competitive business.”

Peter Yang, CIO of Ventiv, commented: “Since it was established, RPA has already proven its value by reducing the rate of errors in manual processes, improving the management of repeatable tasks, standardising process workflows, reducing the reliance on multiple systems and screens needed to complete process, and making straight-through, no-touch processes possible.”

NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
Advertisement
Subscribe today