BPA – Hyperautomation is strategic, and RPA on its own is tactical. Business leaders are focused on growth and operational excellence. It requires a robust roadmap that focuses on digitalization and widespread automation.

Financial Institutions (FIs) should focus on BPA – Hyperautomation

• to improve employees’ digital engagement in a distributed enterprise

• to provide unique digital experiences to their customers, and

• faster turnaround on products and services

all lead to growth and operational excellence.

API First

APIs are the bedrock for organizations to consume services and integrate them into their business processes. FIs should focus on strategies (cloud native) that position them to consume these services and accelerate their product development.

API driven

APIs are the bedrock for organizations to consume services and integrate them into their business processes. FIs should focus on strategies (cloud native) that position them to consume these services and accelerate their product development.

Plug & play

Business applications should enable plug-and-play integrations to enhance flexibility, increase efficiency, and cater to diverse customer needs. It allows seamless integration with existing systems, saves time on manual setups, and encourages interoperability with other software, providing a competitive edge in the market.

Cloud native

Cloud-native business applications offer scalability, flexibility, and cost efficiency. They enable faster updates, global reach, and improved security while allowing businesses to focus on innovation and core operations, making them agile, reliable, and competitive in the digital market.

To accelerate business transformation, plan a strategic roadmap by aligning business goals and focus on process optimization by selecting right technologies. As Financial technology developers, we at Longshore bring over 20 years of business, product, and technology operations and can help FIs in every aspect of this endeavor.