Siloed business units and a myriad of compliance issues are inherent to the financial services industry. Adopting a comprehensive approach to monitoring business flow is the first step toward better business outcomes
The financial services industry is increasingly competitive, with new technologies disrupting long-established business models.
Not only do companies have to change and adapt quickly to the digital customer, but they must change and integrate business processes internally to keep the lights on.
Adding to this complexity is an increasingly stringent regulatory environment. New processes, reporting and related technologies must be established and integrated with day-to-day operations.
In order to combat these risks and improve efficiency, financial services institutions need a way to efficiently monitor processes in real time. DRYiCE iControl was specifically designed to provide companies with an end-to-end view of business processes, so they know when things are going wrong, and can identify where in the flow the issue occurred.
By creating meaningful views for both business and IT operations, iControl helps companies respond quickly and effectively to issues as they occur, providing them with the next generation of business flow intelligence.
This whitepaper, produced by the Institute for Robotic Process Automation and Artificial Intelligence, looks at the challenges of business process flow monitoring, and potential solutions.