Monitoring business-critical systems with intelligent automation.
Monte Titoli partnered with Automation Anywhere to develop three automations that would process financial announcement data, monitor unattended systems, and manage messages on the SWIFT system. The automation was repurposed for other back-office and IT tasks, resulting in a 94% decrease in processing time, automation of 16 processes, and 6,400 hours saved annually by 2020.Download case study
The savings Robotic Process Automation (RPA) has given us, has led to an overall increase in our international business.
Decrease in processing time
Hours saved annually goal by 2020
Empowering business volume growth without increasing resources.
Monte Titoli chose intelligent automation to enhance their operations, improve client experience, and reduce business risks. With one automation handling corporate actions and stock issuance, and another for data uploads, the team's efficiency increased. Managing SWIFT messages was significantly faster, reducing processing time by 94%. Intelligent automation handled incoming and outgoing messages, freeing up time for important tasks like verifying transactions and providing better customer communication. Monte Titoli ensured compliance with Target2-Securities with automations monitoring and alerting systems, eliminating the need for night shifts. Automation allowed the company to support growth without increasing resources, instead reallocating staff to customer relationship management and improving overall services.
- Corporate actions
- Stocks data capturing and dissemination
- Business clerical, IT, and security systems monitoring and alerts
- Society for Worldwide Interbank Financial Telecommunication (SWIFT) message management
A solid foundation for wider automation adoption.
Monte Titoli is now exploring predictive data analytics. They plan to create a 'bot catalog' listing automation functionalities. Their automation pipeline aims to save 6,400 annual hours by December 2020.
Bots give us an opportunity to change the way we work and can be a solution for any business challenges we face.
Monte Titoli is a leading provider of post-trade services to banks, brokers, and more.