A New Era of Intelligent Automation
Cybernaptics, specialized in providing IT Managed Services, Infrastructure and Business Solutions announced a crucial partnership with Automation Anywhere, a global leader in Robotic Process Automation (RPA) to democratize the availability of Intelligent Automation driven RPA technologies towards the Financial Services and Compliance industry across key regions in Mauritius. Today, the Business Breakfast event organized by Cybernaptics, marks the beginning of a new era of driving advanced AI-led Automation technologies in the region with Automation Anywhere, listed as a ‘Leader’ on the Gartner Magic Quadrant.
Leader in Regulatory Technology
Viv Padayatchy, Managing Director of Cybernaptics states: “Cybernaptics once again re-affirms its ambition to be the country’s leader in Regulatory Technology. The country is facing some serious economic challenges in the wake of the Covid-19 pandemic and the European Union blacklisting. More than ever, we have to resort to innovative measures to build resilience in our economy. Cybernaptics, as a fully Certified Partner of Automation Anywhere, is keen to contribute its technological expertise in this national effort and position itself as a leading solution provider in the field of Robotics Process Automation (RPA).”
Insights and Discussions
The event saw Viv Padayatchy from Cybernaptics holding a powerful discussion on the role of RPA as a compliance enabler. Sumeet Pathak, Senior Director-Digital Innovation and Solutions shared some great insights about his experience in the Financial Services industry. The event was mostly attended by senior professionals across the Financial Services and compliance industry. Some of the other key participants were, Sridhar Nagarajan, Managing Director of IQEQ (Mauritius) Ltd, Amédée Darga of Stratconsult ABDS, the economist Pierre Dinan and Subashni Soobramanien, member of the Association of Trust & Management Companies.
RPA’s Impact on Financial Services
Milan Sheth, Executive Vice President for India, Middle East, and Africa (IMEA) region, for Automation Anywhere, explains how RPA is a game changer for the financial services industry. “RPA is known as a ‘compliance enabler’. Effective implementation of RPA can help with monitoring and testing of complex systems to check if they are compliant with laws and regulations. But it can also aggregate data from many sources and speed up the compilation and sorting of financial information. This helps compliance readiness by also maintaining a detailed activity log for audit purposes. Many teams working in risk assessment, complaints management and investigatory services are reaping the benefits of RPA.”
About Automation Anywhere
Automation Anywhere, a Robotic Process Automation (RPA) global market leader, empowers customers to automate end-to-end business processes with software robots, known as Bots, that perform repetitive and manual tasks, resulting in dramatic productivity gains and business resiliency with less than a one-year payback, on average. The company offers the industry’s only cloud-native and web-based intelligent automation platform combining RPA, artificial intelligence, machine learning and analytics right out of the box, to help organizations rapidly start and scale their process automation journey. Its Bot Store is the world’s first and largest marketplace with more than 950 pre-built, intelligent automation solutions. With a global network of 1,900 partners, Automation Anywhere has deployed over 2.1 million bots in more than 90 countries to support the world’s largest enterprises, governments, and SMBs, including 85% of the top banks and financial services companies, 90% of the top healthcare companies, 85% of the top technology companies, and 80% of the top telecom companies.
