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Oct 19, 2022

AI & Robotics: Transforming Modern Business Processes

The use of Artificial Intelligence (AI) and robotics in businesses is increasing rapidly and it’s transforming operations in modern business processes. These technologies have already proved themselves with the advancement in self-driving cars, virtual assistants, machine learning concepts and more.

Aug 11, 2022

AI and Robotics: Cutting Through the Hype

AI is not a new technology—it’s been gaining momentum for decades. But now, AI technologies are transforming business processes, with even the Australian Government set to invest $53.8 million to establish a National AI Centre within the CSIRO.

May 24, 2022

Is Your Firm Too Reliant on Spreadsheets?

While automation has gained more and more speed in recent years, many asset management firms continue to rely on spreadsheets for at least some of their operations. This spreadsheet dependence is often born through workarounds that are created when the normal IT channels aren’t able to meet needed deadlines. Spreadsheets can be perfectly functional tools, but their integration into daily processes can quickly become a problem by moving data away from core systems and introducing manual steps. These manual steps slow down the process and reduce efficiency, in addition to introducing greater potential for errors.

Jul 13, 2021

The modern law firm: Automated. Integrated. Digitized.

Many have noted the legal world’s relative lag in digitization compared to other professional services industries. In fact, in its 2019 “Introduction to LawTech,” the UK’s Law Society said, “while there has been a significant rise in the number of LawTech providers since 2016, the legal sector has been slow in adopting new technology.”

May 20, 2021

Actionable insights on corporate actions

Manual processes are slow and prone to errors, and those associated with corporate actions are no exception. Errors associated with corporate actions carry a lot of risk because the impact of an error cascades down to every stakeholder—agents, custodians, investors, broker/dealers and fund managers. In fact, error processing is the most common type of risk stemming from corporate actions, with disruption to communication and the flow of information either up or down the chain. The impact of these errors can come in the form of late payments, disruption to cash flow, poorly informed front-office trading decisions and ineffective corporate governance.

Jan 29, 2021

The intelligent insurance operation: 3 key features

Organizations like to tout how “digital” they are, but when you dig below the surface, you often find shops that have spent millions to improve customer engagement, and back offices that are disconnected and struggling to keep up. 

A true digital environment is about more than a front-end customer engagement portal. It’s about a straight-through, connected and digitized environment that links customer outcomes to process improvement. Only by elevating the customer journey above functional silos and legacy systems—and embracing intelligent operations—can organizations truly achieve operational excellence. 

Sep 16, 2020

SS&C Vidado’s AI-powered OCR wins 1st place in independent analysis

In their blog post Handwriting OCR Vendor Analysis, Cano AI compared SS&C Vidado’s AI-powered Optical Character Recognition (OCR) software against other top providers in the space.  Cano AI, a consulting group focused on discovering and sharing the most cutting-edge automation solutions, filled out a generic medical document containing a variety of short-form and long-form handwritten responses like the ones processed by healthcare and insurance companies. They then submitted this document to all three services and manually analyzed the accuracy rates.

Jul 23, 2019

Tapping AI for buy-side growth

In a recent Waters Technology article, the SS&C Singularity team weighed in on the importance for asset managers to focus on new, advanced technologies to deliver top-line growth.

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