Rik Coeckelbergs

Purely looking at ESG and sustainability from a regulatory point of view would be a serious mistake and an underestimation of the importance of both topics. In a world that pivots increasingly more to stakeholdership, banks hear equally important messages from customers, investors and society, in general, to dedicate more resources and attention to topics like ESG and sustainability.

How can automation really help sustainability? Rik Coeckelbergs, Founder and CEO of The Banking Scene, discusses automation for good with Nitin Purwar, Director of Banking Industry Practice at UiPath. ‘Automation can be deployed to provide the data you need to evaluate your customer’s carbon footprint.’

The vision of a bank to have a bot for every employee has two critical implications: a bank continues to have a human workforce, and the robot will be working together with the employees, not in parallel or independently.

Last week The Banking Scene organized a webinar on Automation in Banking. In an hour long discussion the benefits and pitfalls of automation in finance were discussed. This report summarizes the proceedings: “Be very transparent with your compliance team, your security team, cybersecurity team, and specifically in relation to the vendors that you’re going to engage with for these different components to build out your RPA and Intelligent Automation tool stack”.