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Robotics will hit finance jobs harder than offshoring

Robotics will hit finance jobs harder than offshoring

25 Aug 2015 | The Australian Financial Review

Financial services giants AMP and Westpac are exploring the possibility of automating back office and finance functions, some of which are offshored to low cost centres in Asia, using software systems.

Sourcing specialist for Mindfields Mohit Sharma said one of the reasons software and artificial intelligence will hit finance jobs harder than offshoring is because government departments will be able to utilise it.

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