ITC Infotech > Resources > Whitepapers > Automation in Banking Addressing Financial Risks

Automation in Banking Addressing Financial Risks

November 7, 2019

Summary

Financial companies are adopting automation as a disruptive force to address the challenges in their daily operations, which includes the majority of financial transactions. The companies need to understand that in order to control the financial risks, adhere to compliance requirements and to stay ahead of the game, they need to leverage automation technologies like advanced Robotic Process Automation(RPA) and Artificial Intelligence (AI).

What is in it for you?

Financial institutions should prefer automation suites which address risk areas like financial impacts, including monetary, regulatory, as well as compliance factors. Considering the priority of the product’s time to market deployment, a financial institution can take the call to have the validation on the primary areas where there is comparatively less financial impact.

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Beware of fraudulent and fake job offers

It has come to our attention that certain employment agencies and individuals are asking people for money in exchange for a job at ITC Infotech.

Such Agencies/individuals could impersonate ITC Infotech’s officers, use the company name/logo, brand names and images illegally, without authorization, and/or try to extract money towards security deposit, documentation processing fees, training fees, and so on.

Please note that ITC Infotech never asks job applicants or members of the public to pay money in any form while recruiting.

Feel free to reach out to us at contact.us@itcinfotech.com to report any such incidents that you may have experienced, please use the subject line “Recruitment Fraud Alert” in your message.

Always exercise caution and stay protected against fraud:

  • Do not pay money or transfer funds to anyone toward securing an ITC Infotech job. ITC Infotech will not accept liability for any losses that may have been suffered by the victims of such fraudulent activities.
  • Be careful when sharing your personal information and protect yourself from potential damage. Do not engage with people who fraudulently misrepresent ITC Infotech or its employees/officers and try to solicit payments under the pretext of offering jobs.

View Current Openings

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