- Analytics & Modeling - Robotic Process Automation (RPA)
- Infrastructure as a Service (IaaS) - Cloud Databases
- Finance & Insurance
- Leasing Finance Automation
- Time Sensitive Networking
A global financial institution was manually downloading hundreds of thousands of reports from different applications and database systems to a centralized location. The reports were in unstructured formats and had no consistency. End users had to manually copy data from these reports to Excel-based reports.
A Global Bank
About The Customer
The bank is a global financial institution based in North America, serving close to 20 million customers worldwide. It has more than 85,000 employees and a net asset value of close to $1.5 trillion with annual revenues of ~$50 billion. It is a member of the Financial Stability Board’s list of global systemically important banks.
The bank implemented Altair Monarch to automate report modeling and standardization in its RPA architecture. Altair Monarch Server Automation Edition transformed the extracted data into standardized report formats that met end-user and regulatory requirements. Users could design data models and set up automation processes using the no-code interface.
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