VirtusaPolaris and WorkFusion to Deliver Robotic Automation and AI-powered Cognitive Automation to the Financial Services Sector

VirtusaPolaris and WorkFusion announced a partnership to deliver new smart automation solutions for the banking and financial services (BFS) market. The combination of VirtusaPolaris’ deep BFS industry and process expertise and WorkFusion’s cutting edge platform will help clients reduce operational costs, while improving quality, productivity and agility.

“Most financial services organizations continue to struggle with inefficient legacy systems that have not kept pace with the change in business and regulations, introducing gaps in process automation that negatively impact efficiency of business operations. Many of these gaps are low complexity high volume routine process steps and most organizations have deployed large operational workforces, 8 www.dqindia.com frequently offshore, to handle these processes,” said Bob Graham, global solutions head, Banking and Financial Services at VirtusaPolaris. “WorkFusion’s combination of robotic and cognitive automation supported by VirtusaPolaris’ expert consulting and implementation services allow customers to improve quality through greater accuracy and the removal of human error, reduce costs through rapid automation of manual tasks, and accelerate time to market with our proven delivery approach.”

At the core of WorkFusion’s SPA software are three powerful capabilities: Workforce orchestration, robotic process automation (RPA) and cognitive automation which, together, help organizations improve workforce agility and elasticity and automate manual processes through rapidly evolving AI.