Robotic process automation (RPA) firm Blue Prism has integrated with Oracle to help automate the reporting of financial crimes and compliance processes in financial institutions.
The Merseyside-based business announced the tie up with Oracle's Financial Services Global Business Unit to build solutions that enable organisations to investigate and report financial crimes and suspicious activities.
The partnership will see Oracle’s suite of compliance management solutions combine with Blue Prism’s Digital Workforce tool to automate financial crimes investigation workflows, driving the efficiency and speed of compliance processes.
Jon Walden, chief technology for the Americas at Blue Prism, said that industries are being challenged “on every side” by profit concerns, disruptive competitors and employee retention.
He added: “Our connected-RPA capabilities provide a unified workforce of both humans and digital workers to get stuff done.”
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