FinTech Magazine December 2020 | Page 40

How
THE IMPORTANCE OF CULTURE
AUTOMATION
How
Enterprise-Level Firms Should Approach Data , Automation , Blockchain
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It should be noted that automation is highly reliant on data ; the more information a company can capture , the easier it will be to optimise a payment from request to receipt . Constructing a strong enterprise tech triad comprising cloud , IoT and analytics software will keep an organisation lean and agile , adaptable and capable of making realtime decisions . “ PagoFX is always exploring ways to make the company more predictive so that we can help customers make fast and informed decisions on when to move money ,” Menager adds . Ambrose shares a similar perspective , relating that Azimo ’ s cost-efficient investment has enabled it to automate key financial operations , including transaction reconciliation , payment matching and treasury management . “ The automation that we ’ ve built allows us to handle large volumes of payments very quickly and accurately with a much smaller team than a traditional cross-border payment business would need .”
THE IMPORTANCE OF CULTURE
Any form of digital transformation should acknowledge the fundamental
DECEMBER 2020