<s>
Blue	B-Application
Prism	I-Application
is	O
the	O
trading	O
name	O
of	O
the	O
Blue	B-Application
Prism	I-Application
Group	O
plc	O
,	O
a	O
British	O
multinational	O
software	O
corporation	O
that	O
pioneered	O
and	O
makes	O
enterprise	O
robotic	B-Application
process	I-Application
automation	I-Application
(	O
RPA	B-Application
)	O
software	O
that	O
provides	O
a	O
digital	O
workforce	O
designed	O
to	O
automate	O
complex	O
,	O
end-to-end	O
operational	O
activities	O
.	O
</s>
<s>
In	O
March	O
2022	O
,	O
Blue	B-Application
Prism	I-Application
was	O
acquired	O
by	O
SS&C	O
Technologies	O
.	O
</s>
<s>
Blue	B-Application
Prism	I-Application
's	O
headquarters	O
are	O
at	O
2	O
Cinnamon	O
Park	O
Crab	O
Lane	O
Warrington	O
WA2	O
0XP	O
,	O
UK	O
with	O
regional	O
offices	O
in	O
the	O
U.S.	O
and	O
Australia	O
.	O
</s>
<s>
Blue	B-Application
Prism	I-Application
was	O
founded	O
in	O
2001	O
by	O
a	O
group	O
of	O
process	O
automation	B-Application
experts	O
to	O
develop	O
technology	O
that	O
could	O
be	O
used	O
to	O
improve	O
the	O
efficiency	O
and	O
effectiveness	O
of	O
organisations	O
.	O
</s>
<s>
Initially	O
their	O
focus	O
was	O
on	O
the	O
back	O
office	O
where	O
they	O
recognised	O
an	O
enormous	O
unfulfilled	O
need	O
for	O
automation	B-Application
.	O
</s>
<s>
The	O
company	O
was	O
co-founded	O
by	O
Alastair	O
Bathgate	O
and	O
David	O
Moss	O
to	O
provide	O
a	O
new	O
approach	O
that	O
today	O
is	O
known	O
as	O
robotic	B-Application
process	I-Application
automation	I-Application
,	O
or	O
RPA	B-Application
.	O
</s>
<s>
In	O
2003	O
,	O
Blue	B-Application
Prism	I-Application
's	O
first	O
commercial	O
product	O
,	O
Automate	O
,	O
was	O
launched	O
.	O
</s>
<s>
Co-operative	O
Financial	O
Services	O
began	O
using	O
Blue	B-Application
Prism	I-Application
software	O
in	O
2005	O
to	O
automate	O
manual	O
processes	O
in	O
customer	O
services	O
.	O
</s>
<s>
Robotic	B-Application
process	I-Application
automation	I-Application
(	O
RPA	B-Application
)	O
is	O
the	O
application	O
of	O
technology	O
that	O
provides	O
organizations	O
with	O
a	O
digital	O
workforce	O
that	O
follows	O
rule-based	O
business	O
processes	O
and	O
interacts	O
with	O
the	O
organizations	O
 '	O
systems	O
in	O
the	O
same	O
way	O
that	O
existing	O
users	O
currently	O
do	O
.	O
</s>
<s>
Blue	B-Application
Prism	I-Application
has	O
been	O
credited	O
for	O
coining	O
the	O
term	O
"	O
Robotic	O
Process	O
Automation.	O
"	O
</s>
<s>
RPA	B-Application
is	O
a	O
growing	O
industry	O
and	O
is	O
expected	O
to	O
reach	O
$3.11	O
billion	O
by	O
2025	O
.	O
</s>
<s>
The	O
independent	O
market	O
research	O
company	O
Forrester	O
Research	O
identified	O
Blue	B-Application
Prism	I-Application
as	O
one	O
of	O
three	O
companies	O
that	O
is	O
considered	O
a	O
leader	O
in	O
the	O
robotic	B-Application
process	I-Application
automation	I-Application
field	O
both	O
in	O
terms	O
of	O
their	O
market	O
presence	O
as	O
well	O
as	O
the	O
quality	O
of	O
their	O
offering	O
in	O
a	O
2017	O
study	O
.	O
</s>
<s>
An	O
October	O
2018	O
study	O
by	O
Grand	O
View	O
Research	O
,	O
Inc	O
.	O
stated	O
that	O
the	O
key	O
companies	O
in	O
the	O
RPA	B-Application
market	O
included	O
:	O
Automation	B-Application
Anywhere	O
,	O
Inc.	O
;	O
Blue	B-Application
Prism	I-Application
Group	O
PLC	O
;	O
UIPath	O
;	O
Be	O
Informed	O
B.V.	O
;	O
OpenSpan	O
;	O
and	O
Jacada	O
,	O
Inc	O
.	O
</s>
<s>
In	O
2019	O
,	O
Gartner	O
released	O
its	O
'	O
Magic	O
Quadrant	O
 '	O
for	O
RPA	B-Application
,	O
and	O
Blue	B-Application
Prism	I-Application
was	O
one	O
of	O
the	O
leaders	O
in	O
the	O
market	O
.	O
</s>
<s>
On	O
18	O
March	O
2016	O
,	O
Blue	B-Application
Prism	I-Application
undertook	O
an	O
IPO	O
when	O
the	O
company	O
floated	O
on	O
the	O
London	O
Stock	O
Exchange	O
AIM	O
market	O
with	O
a	O
market	O
capitalisation	O
of	O
£48.5	O
million	O
.	O
</s>
<s>
On	O
6	O
January	O
2017	O
Blue	B-Application
Prism	I-Application
announced	O
it	O
would	O
open	O
new	O
offices	O
in	O
Austin	O
,	O
Texas	O
,	O
while	O
remaining	O
based	O
in	O
London	O
.	O
</s>
<s>
In	O
March	O
2017	O
,	O
a	O
group	O
of	O
shareholders	O
sold	O
stakes	O
in	O
Blue	B-Application
Prism	I-Application
.	O
</s>
<s>
At	O
the	O
time	O
,	O
Blue	B-Application
Prism	I-Application
remained	O
based	O
in	O
Merseyside	O
.	O
</s>
<s>
In	O
June	O
2017	O
,	O
Blue	B-Application
Prism	I-Application
announced	O
that	O
a	O
new	O
version	O
of	O
its	O
software	O
would	O
run	O
on	O
public	O
clouds	O
such	O
as	O
Amazon	B-Application
Web	I-Application
Services	I-Application
,	O
Microsoft	B-Application
Azure	I-Application
,	O
and	O
Google	B-General_Concept
Cloud	I-General_Concept
Platform	I-General_Concept
.	O
</s>
<s>
In	O
2019	O
,	O
Blue	B-Application
Prism	I-Application
announced	O
changes	O
to	O
its	O
platform	O
and	O
the	O
issuing	O
of	O
new	O
stock	O
.	O
</s>
<s>
In	O
September	O
2021	O
,	O
it	O
was	O
announced	O
that	O
Vista	O
Equity	O
Partners	O
plans	O
to	O
acquire	O
Blue	B-Application
Prism	I-Application
for	O
£1.095	O
billion	O
(	O
$1.5	O
billion	O
USD	O
)	O
.	O
</s>
<s>
Vista	O
intends	O
to	O
merge	O
Blue	B-Application
Prism	I-Application
into	O
TIBCO	O
Software	O
.	O
</s>
<s>
Blue	B-Application
Prism	I-Application
shareholders	O
ultimately	O
voted	O
in	O
favor	O
of	O
SS&C	O
.	O
</s>
<s>
On	O
March	O
16	O
,	O
2022	O
SS&C	O
Technologies	O
(	O
Nasdaq	O
:	O
SSNC	O
)	O
announced	O
it	O
had	O
completed	O
its	O
acquisition	O
of	O
Blue	B-Application
Prism	I-Application
Group	O
Plc	O
(	O
"	O
Blue	B-Application
Prism	I-Application
"	O
)	O
for	O
approximately	O
$1.6	O
billion	O
(	O
£1.25	O
billion	O
)	O
.	O
</s>
<s>
Blue	B-Application
Prism	I-Application
is	O
built	O
on	O
the	O
Microsoft	B-Application
.NET	I-Application
Framework	I-Application
.	O
</s>
<s>
It	O
automates	O
any	O
application	O
and	O
supports	O
any	O
platform	O
(	O
mainframe	B-Architecture
,	O
Windows	B-Application
,	O
WPF	B-Device
,	O
Java	B-Language
,	O
web	O
,	O
etc	O
.	O
)	O
</s>
<s>
Blue	B-Application
Prism	I-Application
RPA	B-Application
software	O
includes	O
a	O
centralised	O
release	O
management	O
interface	O
and	O
process	O
change	O
distribution	O
model	O
providing	O
high	O
levels	O
of	O
visibility	O
and	O
control	O
.	O
</s>
<s>
Blue	B-Application
prism	I-Application
records	O
every	O
system	O
login	O
,	O
change	O
in	O
management	O
action	O
,	O
and	O
decisions	O
and	O
actions	O
taken	O
by	O
the	O
robots	O
to	O
identify	O
statistics	O
and	O
real-time	O
operational	O
analytics	O
.	O
</s>
<s>
In	O
2016	O
,	O
Blue	B-Application
Prism	I-Application
received	O
one	O
of	O
the	O
top	O
honors	O
at	O
the	O
AIconics	O
Awards	O
,	O
named	O
as	O
The	O
Best	O
Enterprise	O
Application	O
of	O
AI	O
.	O
</s>
<s>
In	O
2019	O
,	O
Blue	B-Application
Prism	I-Application
announced	O
its	O
idea	O
for	O
connected-RPA	O
.	O
</s>
<s>
Connected-RPA	O
is	O
the	O
offering	O
of	O
an	O
automation	B-Application
platform	O
with	O
AI	O
and	O
cognitive	O
features	O
built	O
in	O
.	O
</s>
<s>
It	O
includes	O
features	O
like	O
a	O
Digital	O
Exchange	O
,	O
with	O
online	O
access	O
to	O
drag	O
and	O
drop	O
AI	O
,	O
machine	O
learning	O
,	O
and	O
cognitive	O
and	O
disruptive	O
technologies	O
;	O
a	O
web-based	O
tool	O
that	O
reduces	O
the	O
time	O
to	O
prepare	O
for	O
a	O
RPA	B-Application
deployment	O
;	O
and	O
an	O
online	O
community	O
for	O
sharing	O
knowledge	O
and	O
best	O
practices	O
.	O
</s>
<s>
The	O
Digital	O
Exchange	O
gives	O
customers	O
and	O
partners	O
the	O
ability	O
to	O
create	O
and	O
share	O
tools	O
that	O
can	O
be	O
used	O
with	O
Blue	B-Application
Prism	I-Application
's	O
software	O
.	O
</s>
<s>
To	O
encourage	O
innovation	O
,	O
Blue	B-Application
Prism	I-Application
has	O
an	O
AI	O
engine	O
for	O
building	O
connectors	O
to	O
advanced	O
AI	O
tools	O
from	O
Amazon	O
,	O
Google	O
,	O
IBM	O
,	O
and	O
other	O
AI	O
platforms	O
.	O
</s>
<s>
In	O
the	O
summer	O
of	O
2019	O
,	O
Blue	B-Application
Prism	I-Application
acquired	O
Thoughtonomy	O
for	O
$100m	O
.	O
</s>
<s>
Thoughtonomy	O
was	O
later	O
renamed	O
Blue	B-Application
Prism	I-Application
Cloud	O
.	O
</s>
<s>
The	O
acquisition	O
provided	O
Blue	B-Application
Prism	I-Application
with	O
Cloud	O
capabilities	O
,	O
allowing	O
them	O
to	O
offer	O
Automation	B-Application
as	O
a	O
Service	O
over	O
the	O
cloud	O
.	O
</s>
<s>
Blue	B-Application
Prism	I-Application
's	O
digital	O
workforce	O
is	O
built	O
,	O
managed	O
and	O
owned	O
by	O
the	O
user	O
or	O
customer	O
,	O
spanning	O
operations	O
and	O
technology	O
,	O
adhering	O
to	O
an	O
enterprise-wide	O
robotic	O
operating	O
model	O
.	O
</s>
<s>
Blue	B-Application
Prism	I-Application
has	O
been	O
deployed	O
in	O
a	O
number	O
of	O
industries	O
including	O
banking	O
,	O
finance	O
and	O
insurance	O
,	O
consumer	O
package	O
goods	O
,	O
legal	O
services	O
,	O
public	O
sector	O
,	O
professional	O
services	O
,	O
healthcare	O
and	O
utilities	O
.	O
</s>
<s>
Its	O
RPA	B-Application
software	O
has	O
been	O
purchased	O
by	O
companies	O
such	O
as	O
Coca-Cola	O
,	O
Pfizer	O
,	O
Prudential	O
,	O
Sony	O
,	O
and	O
Walgreens	O
.	O
</s>
<s>
In	O
2018	O
,	O
the	O
UK	O
water	O
company	O
United	O
Utilities	O
purchased	O
robots	O
from	O
Blue	B-Application
Prism	I-Application
in	O
order	O
to	O
use	O
RPA	B-Application
to	O
streamline	O
its	O
processes	O
and	O
increase	O
efficiency	O
.	O
</s>
<s>
The	O
company	O
IEG4	O
worked	O
with	O
Blue	B-Application
Prism	I-Application
to	O
improve	O
the	O
handling	O
of	O
benefits	O
claims	O
with	O
more	O
efficient	O
data	O
processing	O
.	O
</s>
<s>
The	O
finance	O
company	O
Fannie	O
Mae	O
used	O
an	O
RPA	B-Application
platform	O
from	O
Blue	B-Application
Prism	I-Application
to	O
automate	O
a	O
review	O
and	O
notification	O
process	O
within	O
its	O
mortgage	O
operations	O
area	O
.	O
</s>
<s>
Another	O
finance	O
institution	O
,	O
Mashreq	O
,	O
worked	O
with	O
Blue	B-Application
Prism	I-Application
to	O
automate	O
multiple	O
functions	O
,	O
including	O
banking	O
operations	O
,	O
compliance	O
,	O
customer	O
care	O
and	O
help	O
desk	O
operations	O
.	O
</s>
<s>
In	O
the	O
healthcare	O
industry	O
,	O
Ascension	O
Health	O
has	O
used	O
Blue	B-Application
Prism	I-Application
's	O
RPA	B-Application
technology	O
for	O
back-office	O
functions	O
,	O
and	O
to	O
manage	O
the	O
licensure	O
and	O
certification	O
of	O
clinicians	O
.	O
</s>
<s>
In	O
2021	O
,	O
Blue	B-Application
Prism	I-Application
expanded	O
its	O
partnership	O
with	O
ABBYY	B-Operating_System
,	O
integrating	O
their	O
process	O
and	O
task	O
mining	O
capabilities	O
.	O
</s>
<s>
In	O
2021	O
,	O
Blue	B-Application
Prism	I-Application
launched	O
Blue	B-Application
Prism	I-Application
Ventures	O
which	O
helps	O
venture	O
partners	O
find	O
collaboration	O
opportunities	O
within	O
the	O
field	O
of	O
software	O
robotic	B-Application
process	I-Application
automation	I-Application
.	O
</s>
<s>
The	O
company	O
's	O
first	O
venture	O
is	O
in	O
South	O
Korea	O
,	O
Blue	B-Application
Prism	I-Application
Korea	O
,	O
with	O
GTPlus	O
Ltd	O
.	O
</s>
