Empower Your Banking Sales with Sales Automation Services for Banking

How to create outlook signature

foreign [Music] for JP Morgan for past five years I started out you know as a operations manager who was asked to leverage this solution in my own unit and it turned into this role for me that I'm now extremely passionate about for you know for the last five years and I see continuing I can't see doing anything else but what I do right now and I love this space which I think has a lot of opportunity for JPMorgan leveraging RPA intelligent automation is kind of part of our broader transformation digitization agenda it's one of the toolkits and one of the capabilities in our Arsenal to improve our end-to-end processes [Music] so one of the things that I think we'll see as an industry with domain knowledge intellectual property and the value that our employees have I think we're going to see more upskilling and more retention of that domain knowledge how things are done why they're done to help articulate the art of the possible and how it can be reimagined and truly transformed I think what banks we have so many processes shafaliers did a great job outlining scale numbers we have over 50 000 employees and going from a Regional Bank to the sixth largest bank is not a small feat and then thinking through what that means if you need to process a participation notice from one of your peer Banks to enable a commercial incident or Commercial Bank to make a payment or some of the other processes that we have underway and that the the employees that support those processes just represent so much domain knowledge so I think retaining that and upscaling and using those employees in different ways where they now become the parties that are more tasked with creating the backlog and becoming more of a kind of a pseudo product owner to feed work into the software engine in software engineering team so I think that's definitely one um change I think we'll see and I think more emphasis on that [Music] where the journeys kind of evolving for Wells are as I see it is um as I said really kind of getting into that end-to-end process automation space for us rather than just the task Automation and that's where I think a lot of these interconnections and the flexibility we get with uipath to connect to multiple systems and Integrations is also very helpful foreign [Music] plus all the other Financial crime applications available worldwide are fraught with the challenge of very high number of false positives and to give you an estimate of the scale of this issue you've got about 180 billion dollars spent worldwide on financial crime compliance 95 of these positives are false positives and some banks have estimated almost 40 to 50 dollars per false positive just look at the scale together with uipath we are building an automation with another Financial crime partner of us called clarified and that's going to attempt to solve this issue and bring down false positives by up to 30 percent [Music]