BMO Chief Information Officer Atul Verma signs up with Bank Automation Summit

Atul Verma, primary info officer of U.S. individual and organization banking at Bank of Montreal (BMO), will sign up with a panel conversation on Tuesday, March 1, at 3:45 p.m. ET at the Bank Automation Summit 2022, to be held March 1-2 in Charlotte, N.C. The panel will check out updating business financing through automation with a concentrate on usage cases for loan origination, advancements in credit underwriting automation, and threat and compliance improvements.

Atul Verma, CIO of U.S. individual and organization banking at BMO

View the BAS program here.

Verma has actually been a significant motorist behind BMO’s efforts to automate its banking procedures for enhanced consumer and worker outcomes. The $767.4 billion bank has actually made use of robotic procedure automation (RPA) to enhance both internal and external operations.

“We have been on a journey for robotic process automation for quite some time as a company,” Verma informed Bank Automation News. “We’ll be using [RPA] extensively in our contact centers for agents to be more efficient as they navigate multiple applications.”

Verma has actually likewise been eager to carry out application program user interface (API) throughout the bank’s platform networks. “A lot of our focus is to make sure we have a very robust, both internal and external, API ecosystem,” he stated. “We are spending a lot of effort on automating our release cycles. So from a continuous integration perspective, that is an ongoing activity.”

As CIO of U.S. individual and organization banking at BMO, Verma provides cross-platform monetary innovation services to clients, while likewise encouraging customers on massive innovation efforts.

Before signing up with BMO in 2020, Verma functioned as senior executive partner for research study and speaking with company Gartner. Prior to that, he functioned as a senior innovation executive for numerous banks, consisting of SunTrust, SecretBank and Bank of America, supplying services for customer and retail banking operations.

The Bank Automation Summit will display brand-new usages and ingenious releases of automation innovation throughout monetary services. Attendees can check out how market leaders are driving cost-effective services while improving consumer experience and simplifying back-office functions.

The Bank Automation Summit, occurring March 1-2 in Charlotte, is the very first and just occasion to focus exclusively on automation in banking. The occasion will include the brightest minds from throughout monetary services on smart automation methods and implementation. Learn more and register here for Bank Automation Summit 2022.


A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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