siliconindia | | JULY 20234Accomplish Your Goals of Increased Efficiency with Banking AutomationWhile the technology induction has overhauled the entire business and industry today, automation is a boon to the banking and finance industry, custom-izing the entire banking process through highly automatic means so that human intervention is reduced to a mini-mum. And, it's been done through various upgrades, including money-counting machines, automatic card counting friction feed-er machines, and customized queue management token display devices. Robotic Process Automation (RPA) is a trending term in the banking & financial institutions today, providing solutions in real-time while leveraging the immense benefits of robots. Emulating human actions interacting with the software while exponentially increasing efficiency, RPA automates many mundane and repeti-tive tasks, and saves time. Increasing customer expectations, strin-gent regulations and rising competition are making it more im-portant than ever for banks to optimize, streamline, and overhaul their operations. Automation is globally helping banks adapt to organizational and economic updates and thereby reduce risk and provide innovative customer experiences. As India's core Banking solutions market is estimated to be $710.35 Mn in 2023, it has been further accounted to touch$1510.92 Mn by 2028, growing at a CAGR of 16.29 percent. Well, with increased focus on auto-mation, financial institutions are furthering the game increasing the use of low-code and no-code development tools and moving ahead with AI and the cloud. This rich space has much more to offer to the clients with the presence of prolifically surging lead-ers in the space. Properly analysing the market we have come up with a list of acknowledgeable leaders in Banking Automation Solutions.Do read through and let us know what you think!Mandvi SinghManaging Editoreditor@siliconindia.comEditorial PublisherManaging EditorAssociate EditorAlok ChaturvediMandvi SinghIndranil ChakrabortyVol 10 · Issue 08 - 02 · JULY, 2023Editorial TeamAvinash BarikHima P. MP. Tejaswini Manager - DesignPrabhu Dutta A.R.N RayArt ManagerSuanya Chakraborty Designers Souvik AcharyaAntony Arnold FGM- Sales & MarketingShashi RanjanAdvertising ManagerJayashree Sadvertise@siliconindia.comEditorial Querieseditor@siliconindia.comCirculation Manager Magendran PerumalTo subscribeVisit: https://www.siliconindia.com/subscribe/or send email to subscription@siliconindia.comMagazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Silicon Media Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2023 Silicon Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.siliconindia
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