The role of the Chief Risk Officer (CRO) has changed. Their responsibilities have expanded from focusing on the technical tasks of quantifying risk and ensuring organisational compliance to include helping shape business strategies, asset liability management and setting up core ERM processes.
In order to get more work done faster, better and more accurately, CROs have begun employing Robotic Process Automation (RPA) also known as robotics. By using robotics to automate rote, time consuming tasks, risk and audit teams can focus on the valuable work that enables CROs to accomplish strategic goals.
This guide highlights the benefits associated with leveraging robotics and the steps organisations can take to move forward with implementing automation.
Topics covered include:
• How are robotics used in compliance?
• The benefits of implementing robotics.
• Making the robotics journey.
• Next steps.