Our team had a good run showcasing Gleematic robotic process automation (RPA) software to the world of financial institutes at the FinTech Festival 2016. This exhibition-cum-conference was organized by the Monetary Authority of Singapore, and held at Singapore Expo over 16th to 17th November. There were also other fringe activities for the rest of the week.
Some use cases of Gleematic RPA for financial institutes include the following:
– KYC (Know Your Customer) processes
– AML (Anti Money Laundering) processes
– Other back-office tasks that are repetitive (e.g. loan approval, invoice processing, etc.)
An example how Gleematic RPA can help a bank teller:
- Teller enters the identification number (NRIC) of customer once
- Gleematic RPA will open multiple I.T. applications, enter the NRIC number of this customer, and extract out the relevant information about this customer from various applications
- Teller will have information at her fingertips in a short time – such as type of bank accounts, loans, credit cards, etc.
An example of how Gleematic RPA can help in the loan approval process:
- User (staff in organization) enters the identification number (NRIC) of customer once
- Gleematic RPA will open multiple I.T. applications, enter the NRIC number of this customer, and extract out the relevant information about this customer from various applications
- Gleematic RPA can also check if the customer’s salary is equal to or more than the amount to qualify for the loan, or carrying out other checking against specified rules
- A lot of time can be saved, as many manual steps.
We were featured in e27’s online news as “one of the 5 awesome startups” taking part in FinTech Festival.
We also appeared in cameo on Channel News Asia’s coverage of the festival.
