Nordea applies cognitive automation to keep pace with increasingly complex financial regulations and consumer expectations. Watch now!
Banks have no choice but to comply, risking being frozen out of global markets. Yet many financial institutions are struggling to scale conformity with constantly evolving global reporting and compliance laws.
Nordea, a globally oriented multinational bank with strong Nordic roots, understands that you cannot apply a linear solution to an exponential problem. Classical financial solutions of people and paper can no longer keep pace. Instead, Nordea applies cognitive automation to keep pace with the increasing regulations and consumer expectations. Cognitive automation is the application of artificial intelligence and machine learning to automate repetitive tasks that require increasing cognition beyond RPA (Robotic Process Automation), relying on high human involvement. Nordea sees cognitive automation, using a data analytics platform - Vantage - as the solution to exponential problems banks are experiencing. Watch now!