STOCK TITAN

Vontobel Scales Appian Robotic Process Automation (RPA) Across the Company

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Appian (NASDAQ: APPN) announces that Vontobel, a Swiss investment firm, is implementing Appian Robotic Process Automation (RPA) to enhance business transformation and automation efforts. Vontobel, which has used Appian's low-code platform since 2016, benefits from the ability to automate manual processes while ensuring sensitive data remains on-premise, complying with regional data protection laws. This deployment promises to reduce operational costs, improve data quality, and enhance risk management capabilities through real-time analytics.

Positive
  • Vontobel implements Appian RPA to enhance automation and business transformation.
  • Deployment improves operational efficiency by automating manual processes.
  • Real-time analytics and dashboards enhance risk management and compliance.
  • Appian RPA maintains sensitive data on-premise, ensuring data privacy.
Negative
  • None.

ZURICH, Oct. 26 2021 /PRNewswire/ -- Appian (NASDAQ: APPN) today announced that Vontobel, a globally operating financial expert with Swiss roots, is deploying Appian Robotic Process Automation (RPA) across the company to accelerate its business transformation and automation initiatives. Vontobel began using the Appian Low-Code Platform in 2016 to streamline operational business processes from front-line customer service to back-office governance, risk, and compliance.

Vontobel, a Swiss investment firm, deploys Appian RPA in the cloud for business transformation and automation.

The Appian platform architecture allows Vontobel to add Appian RPA capabilities in the cloud to the bank's on-premise Appian deployment: the RPA bots run on-premise to automate tasks and update records, while the management and orchestration of bots remains in a secured local cloud. As such, all sensitive customer data remains on-premise and in full control of the investment firm, meeting the region's stringent data privacy and protection laws. Adding Appian RPA provides Vontobel with a complete automation solution, enabling them to scale and grow the business efficiently and securely on one platform.

The Zurich-headquartered investment firm is specialized in wealth management, active asset management and investment solutions. Appian RPA automates Vontobel's manual processes for handling investment assets, banking products, and other operational workflows. The bots make a significant contribution to reductions in process times and operating costs, while also improving data quality for the bank. In addition, Appian RPA monitors all bots and automated processes with real time analytics and dashboards, enabling Vontobel to have better operational oversight for risk management and regulatory compliance.

Vontobel can create Appian bots with low-code visual design and deploy them quickly, knowing that no business data needs to go through the cloud but rather, stay in Vontobel's on-premise environment. Additionally, Appian RPA allows a quick and easy implementation in Vontobel's existing IT architecture with seamless integration.

As part of the Appian Low-Code Platform, Appian RPA enables the rapid scaling of robotic process automation across the enterprise at a low total cost of ownership. Based on Appian's license model, Vontobel can build an unlimited number of Appian RPA bots for a flat fee and deploy them on Windows and Linux environments for greater flexibility and higher Return of Investment (ROI).

"We are very proud that Vontobel chose Appian RPA to automate their mission-critical processes and continue to partner with us on their business transformation journey," said Dirk Pohla, Regional Vice President of Appian DACH. "Together with Vontobel, we have demonstrated that Appian RPA as part of the Appian Low-Code Platform can bring significant value and deliver impact quickly to benefit any organization, regardless of their choice to go with an on-premise or cloud-based deployment model."

About Vontobel
At Vontobel, we actively shape the future. We create and pursue opportunities with determination. We master what we do – and we only do what we master. This is how we get our clients ahead. As a globally active investment manager with Swiss roots, we specialize in wealth management, active asset management and investment solutions. We harness the power of technology to deliver a high-quality, individual client experience and to deploy our investment expertise across multiple platforms and ecosystems. We empower our employees to take ownership of their work and bring opportunities to life. We do so based on the conviction that successful investing begins with the assumption of personal responsibility. We continuously scrutinize our achievements as we strive to exceed the expectations of our clients. The registered shares of the Vontobel Holding AG are listed on the SIX Swiss Exchange. The Vontobel families' close ties to the company guarantee our entrepreneurial independence. We consider the resulting freedom as an obligation to also assume our social responsibility. As of June 30, 2021, Vontobel held CHF 303.3 billion of total client assets. Around the world and in our home market, we serve our clients from 26 locations.

About Appian
Appian helps organizations build apps and workflows rapidly, with a low-code platform. Combining people, technologies, and data in a single workflow, Appian can help companies maximize their resources and improve business results.  Many of the world's largest organizations use Appian applications to improve customer experience, achieve operational excellence, and simplify global risk management and compliance. For more information, visit www.appian.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/vontobel-scales-appian-robotic-process-automation-rpa-across-the-company-301408097.html

SOURCE Appian

FAQ

What is the significance of Vontobel deploying Appian RPA?

Vontobel's deployment of Appian RPA signifies an enhancement in their business transformation and operational automation.

How does Appian RPA benefit Vontobel's operations?

Appian RPA automates manual processes, reduces operational costs, and improves data quality, enhancing overall efficiency.

When did Vontobel start using Appian's low-code platform?

Vontobel began utilizing Appian's low-code platform in 2016.

What measures are in place regarding data privacy for Vontobel with Appian RPA?

Vontobel's Appian RPA implementation keeps sensitive customer data on-premise, in compliance with stringent data protection laws.

What are the expected outcomes of Vontobel's use of Appian RPA?

The expected outcomes include reduced process times, lower operating costs, and improved operational oversight.

Appian Corporation

NASDAQ:APPN

APPN Rankings

APPN Latest News

APPN Stock Data

2.54B
38.62M
6.14%
81.78%
3.1%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
MCLEAN