• AITACS has a streamlined procedure to address the IT recruitment and Staffing services, by adhering to hassle free procedures. We are specialized in planning and taking forward all kinds of technology staffing requirements and help the clients to get the best of best talent within short notice.

      We provide IT staffing for various skill sets, demanding recruitment levels and immediate job requirements

      Cost effectiveness is a promise of our work culture

      High quality and productivity with transparency all over

      Quick turnaround time without quality compromise

      Easy adaptation to trending technologies

      Fast staffing response time process with low level of risk at client's end

      Clearly defined recruiting terms and conditions

      Matured management with high governance rate

      Aita’s engineering team comprises of SMEs in specific domains such as Energy, Utilities, Chemicals, Manufacturing, Pharma and Life sciences. Apart from a strong domain knowledge they also have STEM degrees from leading universities.

      MSP/VMS programs bring the advantages of standardization, cost savings, and SLA-measured results to your staffing process.

      Aita Consulting Services, Inc. is a U.S. specialty staffing supplier to vendor-neutral MSP/VMS clients. Our methodology embraces the efficiency of MSP/VMS/VMO programs and leverages their capability to minimize client cost and maximize response time, coverage and compliance. An industry-specific Dedicated Account Management Team, with a single point of contact, deals directly with you to ensure that candidates we submit have the experience, credentials and talent to perform at the highest level and are also matched to your business climate and goals.

  • Diversity
  • AITA CONSULTING SERVICES

RPA- Boosting Compliance Productivity for the Banking Industry

RPA (Robotic Process Automation) is revitalizing the banking industry at a rapid pace. It enables the banks and other financial institutions to move 2x fast and that’s too with zero-error. Recent RPA trends and forecasts report reveals that RPA will be a $2.9 billion industry by 2021. Before we dive deep into this topic any further, let’s get a quick insight into the Robotic Process Automation Technology for better understanding.

How It Works

Using RPA, anyone can imitate and integrate the activities that a human does within a digital system to perform any business process by configuring software or a robot. RPA robots use the user interface to capture and manipulate data just like a human does but they can interpret, stimulate responses, and communicate with other systems to perform a range of repetitive, complex tasks without any break, gap, or error- a perfect solution for institutions with high volume repetitive data processing.

RPA has brought significant improvement in the banking and finance industry. Since RPA robots are capable of mimicking almost all human actions with more efficiency, speed, and accuracy, it has become an essential of the industry. We at AITA Consulting Services (AITACS) offer a range of RPA services and solutions to help industries perform business operations of repetitive nature with absolute perfection. Here is one of our latest use cases to help you understand how RPA can bring more productivity and quality to your business process-

One of our banking clients had manual processing of data interpretation, processing, and management. It used to cause fatal errors in data processing and led to mismatch Profit & Loss balances. It was adversely affecting our client’s business.

How RPA helped

AITACS implemented an RPA solution, which was an amalgamation of platformslike Automation Anywhere and Machine Learning using NLP. The function of the RPA solution was to extract the required P&L Component and columns like amount and comment data from the source system. 

The NLP application built using spaCy models was responsible to extract the amount from the comment and understand if that explains the amount mentioned for the respective drivers for P&L and automatically identifies those rows that do not match. The application employed a supervised machine learning model. We implemented more than 50 RPA bots in total to automate this process.

Outcome

The client achieved over $2.8 M worth of yearly savings on FTE, as NLP accurately identified and marked the comments. This enabled the reviewers to spend time on more valuable work.

Takeaways

RPA-driven services and solutions are essential for any high-volume, repeatable process to eliminate error, boost compliance productivity, improve productivity, and process quality. AITACS offers tailor-made RPA solutions to help any business to automate any business process of repetitive nature and cut down compliance cost. 

About AITA Consulting Services

AITACS has been providing high-end, advanced IT solutions and services since its inception in 2006. The certified minority business specializes in Automation as well as other frontier technologies. It has a team of certified engineers to build industry-leading automation solutions using RPA. If you would like to know more about AITACS RPA offerings and learn how RPA can help to make your business process more efficient, please contact us at contact@aitacs.com

Comments are closed.