Compliance staff at Credit Suisses are being helped in their duties by robots that provide them with immediate access to regulatory information without the need to consult manuals or websites. Management have deployed 20 robots in the company, according to global markets chief executive Brian Chin. The robots, which can be controlled remotely from a central location, will also help employees manage risk and improve compliance processes, he said.
Compliance staff at Credit Suisses are being helped in their duties by robots that provide them with immediate access to regulatory information without the need to consult manuals or websites. Management have deployed 20 robots in the company, according to global markets chief executive Brian Chin. He said the robots had allowed the bank to reduce back office head count, though staffing remained constant as more programmers had been hired.