analytics platform - FinTecBuzz https://fintecbuzz.com Fintech News Thu, 29 Aug 2024 04:42:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://fintecbuzz.com/wp-content/uploads/2019/04/cropped-Original-black-FinTech-512-32x32.png analytics platform - FinTecBuzz https://fintecbuzz.com 32 32 Datava and Corridor to Revolutionize Data and Decision Management https://fintecbuzz.com/datava-and-corridor-to-revolutionize-data-and-decision-management/ Wed, 28 Aug 2024 11:12:09 +0000 https://fintecbuzz.com/?p=64097 Datava, a trailblazer in end-to-end data activation for credit unions, and Corridor, a next-gen decision analytics platform with a proven track record, are excited to announce a strategic partnership. This collaboration, backed by their extensive experience and expertise, is poised to reshape how credit unions and community banks leverage their data and decision-making capabilities to enhance and personalize member experiences, optimize and automate processes, and level the playing field with Tier 1 Banks and FinTechs....

The post Datava and Corridor to Revolutionize Data and Decision Management first appeared on FinTecBuzz.

]]>
Datava, a trailblazer in end-to-end data activation for credit unions, and Corridor, a next-gen decision analytics platform with a proven track record, are excited to announce a strategic partnership. This collaboration, backed by their extensive experience and expertise, is poised to reshape how credit unions and community banks leverage their data and decision-making capabilities to enhance and personalize member experiences, optimize and automate processes, and level the playing field with Tier 1 Banks and FinTechs.

The partnership will combine Datava’s end-to-end data activation platform with Corridor’s state-of-the-art decision workflow management platform, creating an integrated solution that empowers financial institutions to achieve unprecedented growth, proactive customer management, and operational efficiency.

“We are excited to partner with Corridor, as this collaboration allows us to deliver even greater value to credit unions seeking to enhance their member experiences and operational strategies,” shared James Cartwright, Head of Sales at Datava.

By integrating their technologies, Datava and Corridor will deliver comprehensive, AI-driven data strategy and advanced decision-making tools with robust compliance and governance to help financial institutions thrive in the digital era.

Key Benefits of the Partnership:

  1. Unified Data and Decision Management: The integration of Datava’s data activation platform with Corridor’s decision management system will provide a holistic solution that simplifies data management and enhances decision-making processes.
  2. Enhanced Member Services: Financial institutions can leverage advanced data-driven strategies, such as personalized product recommendations, targeted marketing campaigns, and real-time decision-making, to offer personalized, timely services to their members, significantly improving member satisfaction and engagement.
  3. Operational Efficiency: The partnership will help credit unions and community banks reduce operational complexities, optimize employee performance, increase revenue, and drive better retention by streamlining and automating data and decision management.
  4. Regulatory Compliance: Corridor’s expertise in platform-driven risk management and decision management workflows, combined with Datava’s comprehensive data activation platform, will ensure that financial institutions can maintain robust regulatory compliance and governance while driving controlled growth.

“I am very excited about this opportunity for Corridor and Datava to enable credit unions to rapidly transform decisions in a turnkey manner to best-in-class while managing costs and internal efforts optimally. We now have a ‘real’ option for credit unions to insource and own their full decisioning stack from Data -> Decisions -> Outcomes -> Activation while continuously innovating. That’s transformational!” said Aditya Khandekar, Corridor’s Chief Revenue Officer.

Stay Ahead of the Financial Curve with Our Latest Fintech News Updates!

The post Datava and Corridor to Revolutionize Data and Decision Management first appeared on FinTecBuzz.

]]>
FinTech Interview with Christophe Gauthron, Founder and CEO of Kwanti https://fintecbuzz.com/fintech-interview-with-christophe-gauthron/ Tue, 12 Sep 2023 13:30:25 +0000 https://fintecbuzz.com/?p=49802 Fintech News – The Latest News in Financial Technology.

The post FinTech Interview with Christophe Gauthron, Founder and CEO of Kwanti first appeared on FinTecBuzz.

]]>

Join us for a conversation with Christophe Gauthron, the visionary Founder and CEO of Kwanti. Gain valuable insights into his journey in revolutionizing investment technology and shaping the future of wealth management solutions.

https://fintecbuzz.com/wp-content/uploads/2023/09/Christophe-Gauthron.jpg
Christophe Gauthron, Founder and CEO of Kwanti

Christophe Gauthron, CFA is the founder and CEO of Kwanti, a portfolio analytics solution aiding financial advisors and investment managers with prospect conversion, client retention, model management, and more. Christophe built Kwanti on the vision that advisors with access to comprehensive and affordable portfolio analytics could serve their clients better. Prior to Kwanti, Christophe developed mathematical software for the computer and telecommunications industry.

Christophe, can you tell us about your professional background and why you decided to start Kwanti?

The 2008 financial crisis was a wake-up call for the finance industry. The panic led to many firms closing and many insiders fleeing to other industries. Since I had always hoped to work independently, I quit my job and spent a year designing and programming Kwanti’s analytics with a focus on risk and simplifying portfolio analytics. I wasn’t thinking about starting a company then. I was more focused on solving a real problem using new technology.

Why is a powerful portfolio analytics solution so important for modern financial advisors to have in their tech stack?

Today’s advisors must build a business focused on delivering personal advice that touches on all aspects of a client’s financial life. A good portfolio analytics platform will provide advisors with a simple user interface, along with powerful proposal and analysis tools. The right technology will allow advisors to seamlessly implement their favorite investment strategies and scale business with ease by incorporating a robust portfolio solutions platform into the firm’s tech stack.

Utilizing an intuitive and powerful portfolio analytics solution in an advisor’s practice frees up more of their time to focus on what clients value most: providing excellent service and building and maintaining meaningful relationships. While performance is important to investors, it’s the reassurance and guidance provided along the way that helps them feel good about their decision to work with you.

How can model portfolios benefit advisors and add to their value proposition?

Using model portfolios in your firm frees up more of your time to focus on what clients value most: exceptional service, financial advice, and strong relationships. More so than achieving the highest possible returns, investors are primarily concerned with reaching their personal goals and working with an advisor they trust to help them make the right financial and investment decisions.

Kwanti’s model marketplace gives advisors the ability to leverage industry-leading strategists together in one place so advisors can do their research, make a decision, and then move on with getting to the real work of assigning a model to a specific client account.

How does Kwanti ensure that its software solutions are user-friendly and accessible for all users, regardless of their technical expertise?

The design of Kwanti’s software is focused on being intuitive and user-friendly, allowing most users to quickly grasp its functionalities within just a few days of use. To further support users who may require assistance, Kwanti places a strong emphasis on customer support. Kwanti’s dedication to customer satisfaction is reflected in its consistently high rankings in industry surveys on customer service and satisfaction. By actively seeking feedback from users and addressing their needs, Kwanti aims to continuously improve its software and provide the best possible user experience.

What do you think sets Kwanti apart from its competitors?

Kwanti does not have external investors and is 100% employee-owned. Without external investors and short-term growth requirements to satisfy, we take a long-term view and focus entirely on customer satisfaction. The #1 priority at Kwanti is customer support and providing the best portfolio analytics solution for advisors as possible. The company is consistently rated with the highest satisfaction scores in industry surveys.

In addition, most advisors have many different tools making up their tech stack. That is why it is essential to focus on integrations with partners to streamline workflows, making it easier for advisors to use multiple tools seamlessly. We have always had a large set of integration options available for advisors and we will continue to add more.

What do you believe are the biggest challenges facing the fintech industry today? How is Kwanti addressing those challenges?

With so many choices, many advisors struggle to identify the best tools for their specific needs and waste time and resources testing different platforms. This can lead to frustration and inefficiencies that ultimately impact their ability to serve clients effectively.

In particular, functionalities such as portfolio reporting, model management, proposal generation, and investment research are usually available through distinct tools from different providers. Having multiple tools results in high subscription costs, excess training, and sorting out integration issues.

To address this challenge, we continue to enhance our solutions with new features in order to unify access to these key functionalities in a single interface, drastically enhancing the efficiency and experience for both the advisor and their clients.

How do you foster a culture of collaboration and innovation within your team?

With a good team in place, not only do you get the work done, but you also enjoy yourself. Our early hires have helped establish the company culture and we make sure new hires fit into that culture of collaboration and innovation. We take plenty of time to find the right team members and don’t rush the process. As a small team, everyone gets the chance to work on a variety of projects and everyone is given a voice and opportunities to be creative.

Can you share any success stories or case studies of firms that have benefited from Kwanti’s services?

Firms using Kwanti report that it often is a deciding factor in convincing prospects to become clients thanks to an elegant presentation that supports advisors’ talking points and conversations. Other case studies, which can be found on our website, reveal the time-savings gained from using our model and integrated portfolio analytics.

What are your goals or future plans for the company?

Kwanti is completely employee owned. With no investor to answer to, we set our direction solely by listening to our users and their needs. With their help, we have a treasure trove of ideas to explore for better efficiency and growth.

What is a fun hobby that you like to participate in when you’re not working?

I enjoy cooking. After a long day at the computer or on the phone, I find it relaxing to do manual work and experiment with new recipes. On weekends, I like to play the guitar.

Fintech News – The Latest News in Financial Technology.

The post FinTech Interview with Christophe Gauthron, Founder and CEO of Kwanti first appeared on FinTecBuzz.

]]>
Earnest Analytics launches Vela Valorum https://fintecbuzz.com/earnest-analytics-launches-vela-valorum/ Wed, 05 Jul 2023 18:00:10 +0000 https://fintecbuzz.com/?p=47195 Earnest Analytics (FKA Earnest Research), the leading data analytics firm for investors, companies, and consulting firms, has launched an enhanced transaction data panel derived from their Vela dataset called Vela Velorum. This panel incorporates new debit card data, increasing the total number of accounts from ~66 million to ~100 million. Vela Velorum data begins in 2018. The dataset incorporates the same credit card data available in the existing panel, now called Vela Gamma, which begins in...

The post Earnest Analytics launches Vela Valorum first appeared on FinTecBuzz.

]]>
Earnest Analytics (FKA Earnest Research), the leading data analytics firm for investors, companies, and consulting firms, has launched an enhanced transaction data panel derived from their Vela dataset called Vela Velorum. This panel incorporates new debit card data, increasing the total number of accounts from ~66 million to ~100 million.

Vela Velorum data begins in 2018. The dataset incorporates the same credit card data available in the existing panel, now called Vela Gamma, which begins in 2016.

he Vela Velorum transaction dataset is currently available via S3, Snowflake, and BigQuery. It will also be available in Dash, Earnest’s proprietary web-based analytics platform, in the near future.

“Vela Velorum is a meaningful addition to Earnest’s growing suite of credit card, pricing, CPG, and healthcare data. This larger panel provides unparalleled sample sizes, allowing decision-makers to get the most accurate pulse on consumer behavior down to the city level.”
-Natalie Beden, Senior Product Manager

Fintech News – The Latest News in Financial Technology.

The post Earnest Analytics launches Vela Valorum first appeared on FinTecBuzz.

]]>
Applied Underwriters, Concirrus Enter Long Term Strategic Alliance https://fintecbuzz.com/applied-underwriters-concirrus-enter-long-term-strategic-alliance/ https://fintecbuzz.com/applied-underwriters-concirrus-enter-long-term-strategic-alliance/?noamp=mobile#respond Tue, 21 Mar 2023 18:00:44 +0000 https://fintecbuzz.com/?p=43341 The companies' technology groups will interface to provide greater resources to their respective insurance and reinsurance clients worldwide

The post Applied Underwriters, Concirrus Enter Long Term Strategic Alliance first appeared on FinTecBuzz.

]]>
A long-term accord has been signed by Applied Underwriters and Concirrus, the London based technology firm, for the development and provision of multiple product lines of extraordinary technology driven solutions to insurers, reinsurers and other risk-based entities across the globe. The companies will leverage their respective technology innovations including Applied Underwriters’ trove of patents and data processing advances and Concirrus’ market leading analytics platform. The combination will deliver a market advantage to Applied Underwriters and also allow Concirrus to expand its solutions to a wider range of clients and product lines.

According to Dr. Justin Smith, SVP, CUO and longtime head of R&D at Applied, the collaboration of talent on each side will result in benefits to both from the outset in addition to the expansion of the intellectual and uniquely developed technological faculties of each: “Over the long term each of our companies will profit through enhanced research and development including Applied’s highly accomplished statisticians, mathematicians, data scientists and actuaries. Concirrus’ team is focused in the UK and India, forming a natural complement to Applied’s teams in the US and Philippines.” Dr. Smith further noted, “Applied has built its own systems for insurance and for its many other operations, devoting significant resources to R&D. The result has been a clear competitive advantage of our underwriting and claims processes. We look forward to this collaboration of technological powers and capacities to be put to work internationally for the clients of both organizations.”

Mr. Andrew Yeoman, CEO, Concirrus, expressed similar optimism for the accord: “This partnership will significantly bolster our business and provide an underlying strength and stability to our customers. We have stabilized our operating platform and our growth plans will proceed in the expansion of our digital solutions for specialty insurance, in insurance data analysis, advanced modeling and the application of new technologies.” He continued, “Packaged, off-the-shelf solutions continue to fall short of the needs of insurers and reinsurers, and building scalable models and proprietary systems architecture is cost prohibitive. This partnership will see Concirrus offering extraordinary bespoke solutions on a common platform that will optimize technology investment value and returns.”

Dr. Smith noted that the transaction, while far from the largest undertaken by Applied, will be one of the more important and critical as other acquisitions are realized, requiring technological expertise.

The parties expressed their thanks to Torch Partners, advisers to Software and Technology sectors, for its role in advising the strategic partnership.

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

The post Applied Underwriters, Concirrus Enter Long Term Strategic Alliance first appeared on FinTecBuzz.

]]>
https://fintecbuzz.com/applied-underwriters-concirrus-enter-long-term-strategic-alliance/feed/ 0
Gate.io chooses Coinfirm as one of its key AML/CFT partners https://fintecbuzz.com/gate-io-chooses-coinfirm-as-one-of-its-key-aml-cft-partners/ https://fintecbuzz.com/gate-io-chooses-coinfirm-as-one-of-its-key-aml-cft-partners/?noamp=mobile#respond Tue, 07 Feb 2023 17:30:01 +0000 https://fintecbuzz.com/?p=41438 6th Feb 2023, Gate.io, the world’s leading digital asset trading platform, has chosen Coinfirm, the global leader in analytics and anti-money laundering (AML) solutions for the blockchain industry, as one of its key AML/CFT partners. The partnership will give Gate.io access to Coinfirm’s industry-leading Coinfirm Analytics Platform, which offers real-time AML/CFT risk management solutions for digital assets and cryptocurrencies through knowledge of over 60 blockchains and 1 million+ tokens. In particular, Gate.io will be able to leverage Coinfirm’s...

The post Gate.io chooses Coinfirm as one of its key AML/CFT partners first appeared on FinTecBuzz.

]]>
6th Feb 2023, Gate.io, the world’s leading digital asset trading platform, has chosen Coinfirm, the global leader in analytics and anti-money laundering (AML) solutions for the blockchain industry, as one of its key AML/CFT partners.

The partnership will give Gate.io access to Coinfirm’s industry-leading Coinfirm Analytics Platform, which offers real-time AML/CFT risk management solutions for digital assets and cryptocurrencies through knowledge of over 60 blockchains and 1 million+ tokens. In particular, Gate.io will be able to leverage Coinfirm’s market-leading analytics tools to provide a secure environment to its customers and ensure compliance with applicable AML/CFT regulations worldwide.

Commenting on the partnership, Gate.io CEO & Founder Dr. Lin Han said: “At Gate.io, we continuously strive to mitigate AML/CFT and counterparty risks by integrating best-in-class security measures and safeguards into every part of our operations. Our collaboration with Coinfirm gives us a solid foundation to strengthen our service offerings further while ensuring compliance with global and local AML/CFT regulations.”

Coinfirm CEO Dr. Mircea Mihaescu said: “We’re very pleased that Gate.io chose our platform as their primary AML/CFT provider globally. We have invested significant resources into building our blockchain analytics capabilities and are confident that this partnership will benefit both parties in many ways.”

The collaboration between Gate.io and Coinfirm is expected to provide a much higher level of security for digital asset exchanges worldwide by helping them proactively identify suspicious activity more quickly and accurately than ever before. It is also expected to bring greater consistency in AML/CFT compliance and risk management across Gate.io’s operations globally, allowing it to more easily navigate complex local regulatory environments without sacrificing customer experience or increasing operational costs for customers who want to use its services internationally.

Since its founding, Gate.io’s focus has always been to offer a secure and trustworthy digital asset experience by taking a user-first approach. By leveraging Coinfirm’s technology and expertise, Gate.io aims to remain one of the most secure cryptocurrency exchanges in the world while staying ahead of the curve when it comes to compliance with applicable laws and regulations.

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

The post Gate.io chooses Coinfirm as one of its key AML/CFT partners first appeared on FinTecBuzz.

]]>
https://fintecbuzz.com/gate-io-chooses-coinfirm-as-one-of-its-key-aml-cft-partners/feed/ 0
Baker Hill Achieves Record Revenue Growth In 2022 https://fintecbuzz.com/baker-hill-achieves-record-revenue-growth-in-2022/ https://fintecbuzz.com/baker-hill-achieves-record-revenue-growth-in-2022/?noamp=mobile#respond Tue, 07 Feb 2023 15:00:29 +0000 https://fintecbuzz.com/?p=41419 Baker Hill sees significant year-over-year revenue and profitability growth in 2022

The post Baker Hill Achieves Record Revenue Growth In 2022 first appeared on FinTecBuzz.

]]>
Baker Hill, a leading financial technology provider in delivering solutions for loan origination, risk management and analytics, achieved record growth in 2022, increasing annual revenues by 15 percent, Baker Hill NextGen® platform revenues by 30 percent, and profitability growth outpacing revenues increase.

Baker Hill’s tremendous growth is the result of the company’s rapidly expanding client base, which includes close to 50 net new financial institution clients added in the last 12 months, such as Flatirons Bank, Great Plains Bank and several other community banks and credit unions across the U.S.

This record growth demonstrates strong market demand among financial institutions for lending solutions that increase efficiencies, mitigate risk, support sound decision-making and more to optimize portfolio performance and profitability. Additionally, Baker Hill has expanded relationships with several existing clients, migrating 17 financial institutions to the company’s flagship product, Baker Hill NextGen®, an award-winning, end-to-end loan origination, risk management and analytics platform.

Virginia-based TowneBank is one of the many Baker Hill clients that upgraded to the full NextGen® suite last year. A long-standing Baker Hill client, TowneBank’s decision to transition to Baker Hill NextGen® was driven by its commitment to investing in the most effective financial technology systems available.

“After working with Baker Hill for nearly two decades, we chose to take our partnership to the next level by transitioning to the full Baker Hill NextGen® Loan Origination platform. Our team will use it for consumer, small business and commercial loans,” said Brad Schwartz, President & Chief Operating Officer at TowneBank. “Given our history of working with Baker Hill and the value their technology consistently delivers, we look forward to our continued partnership together.”

“Last year was a record year for Baker Hill and the milestones we achieved are a testament to the value our team and technology provides to the financial services industry,” said John M. Deignan, president and CEO of Baker Hill. “I’m proud of my fellow colleagues for the positive impact they have made, both within our company and for our financial institution clients, despite ongoing economic uncertainties. As we head into 2023, I expect this momentum to continue, especially as more financial institutions seek to drive efficiencies in their lending workflows and manage portfolio risk in a rising rate environment.”

Baker Hill anticipates another year of strong growth in 2023 and the company remains dedicated to empowering its financial institution clients with world-class loan origination and portfolio risk management technology. After achieving numerous milestones last year and growing its client roster, Baker Hill also expects to host its largest user conference yet, Prosper 2023, which will take place April 23rd – 25th in Scottsdale, Arizona.

To register for Prosper 2023, and to view the agenda and speakers, visit the event website.

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

The post Baker Hill Achieves Record Revenue Growth In 2022 first appeared on FinTecBuzz.

]]>
https://fintecbuzz.com/baker-hill-achieves-record-revenue-growth-in-2022/feed/ 0
Act Analytics Launches New ESG Portfolio Analytics Platform for RIAs https://fintecbuzz.com/act-analytics-launches-new-esg-portfolio-analytics/ https://fintecbuzz.com/act-analytics-launches-new-esg-portfolio-analytics/?noamp=mobile#respond Fri, 24 Jan 2020 13:30:13 +0000 https://fintecbuzz.com/?p=11225 Act Analytics, an innovative investment analytics technology platform, announced today the launch of a new Environmental, Social and Governance (ESG) portfolio analytics platform that will enable Registered Investment Advisors (RIAs) to compare, contrast and construct customized ESG portfolios for their clients. The new Act Analytics technology platform consists of powerful analytical tools, driven by over 200 ESG factors and the industry’s highest quality data, enabling RIAs to “x-ray” securities, funds and portfolios to assess for...

The post Act Analytics Launches New ESG Portfolio Analytics Platform for RIAs first appeared on FinTecBuzz.

]]>
Act Analytics, an innovative investment analytics technology platform, announced today the launch of a new Environmental, Social and Governance (ESG) portfolio analytics platform that will enable Registered Investment Advisors (RIAs) to compare, contrast and construct customized ESG portfolios for their clients.

The new Act Analytics technology platform consists of powerful analytical tools, driven by over 200 ESG factors and the industry’s highest quality data, enabling RIAs to “x-ray” securities, funds and portfolios to assess for ESG levels, as well as construct custom, values-based portfolios for their clients. Advanced automation features, custodial integrations and centralized data access save advisors time and resources, enabling their ESG investment efforts to scale across their entire client base.

“Investors today are demanding investments and portfolios from their advisors that are better aligned with their core values and objectives when it comes to advancing society, saving the environment, as well as promoting diversity in executive management,” said Mike Unwin, co-founder and CEO of Act Analytics.

One of the investment management industry’s bright spots, Morningstar has recently found that the flows into ESG funds has quadrupled to over $20 billion this past year, showing the growing interest in ESG investing. “Our new ESG analytics platform for RIAs provides a comprehensive and transparent tool to help advisors deliver values-based investments for their clients, enabling them to differentiate their investment offerings in a rapidly commoditizing industry,” Unwin continued. fintech

The Act Analytics platform brings in data from top providers Refinitiv and Lipper and combines a comprehensive suite of analytical tools and algorithms in an intuitive and easy to use interface to provide RIAs with a total solution to provide customized ESG portfolios. Act Analytics’ ability to drill down on a granular basis into 20,000 publicly traded equities and 10,000 ETFs and mutual funds provides RIAs with transparency into their clients’ ESG exposure, creating audit trails to ensure compliance with the growing regulatory focus on ESG investments.

The 200+ ESG factors in Act Analytics include traditional ESG level criteria, such as emissions, diversity/equality, corporate responsibility, in addition to what Act Analytics is pioneering to provide expanded insight into ESG investing, such as controversies. “No other ESG analytics platform has this level of granularity and centralized brand-name data, making Act Analytics a truly unique and powerful differentiator for RIAs,” said Unwin.

Act Analytics has recently developed an integration with TD Ameritrade Institutional’s Veo workstation and will be demonstrating the platform at the upcoming TD Ameritrade LINC conference to be held in Orlando, FL, January 29-31, 2020.

“We are excited to bring this next-generation level of ESG analytics and portfolio construction tools to the rapidly growing and influential RIA marketplace,” said Unwin. “The time for ESG investing is now – clients are demanding it, and as fiduciaries, RIAs are perfectly aligned to delivering this type of values-based investing for their clients.”

About Act Analytics
Founded by former financial advisors, portfolio managers, hedge fund experts and experienced technologists, Act Analytics is leading the way for RIAs and investment professionals to invest on a values-based level. As an independent technology company, Act Analytics is able to bring transparency to ESG investing, ensuring that ESG portfolios stand up to the highest levels of regulatory scrutiny. Based in Toronto, Canada, with operations in the US, Act Analytics is dedicated to helping advisors source, access and analyze ESG investments for their clients. http://www.act-analytics.com

The post Act Analytics Launches New ESG Portfolio Analytics Platform for RIAs first appeared on FinTecBuzz.

]]>
https://fintecbuzz.com/act-analytics-launches-new-esg-portfolio-analytics/feed/ 0
Innodata Launches docAnalytics, a Web-Based, AI-Enabled Document-to-Data Transformation Engine & Document Analytics Platform https://fintecbuzz.com/innodata-launches-docanalytics-a-web-based-ai-enabled-document/ https://fintecbuzz.com/innodata-launches-docanalytics-a-web-based-ai-enabled-document/?noamp=mobile#respond Mon, 23 Dec 2019 15:30:36 +0000 https://fintecbuzz.com/?p=9215 Document management suite enables companies to turn complex documents into rich data points and insights

The post Innodata Launches docAnalytics, a Web-Based, AI-Enabled Document-to-Data Transformation Engine & Document Analytics Platform first appeared on FinTecBuzz.

]]>
Innodata Inc. today announced the launch of docAnalytics™, a web-based document analytics platform that enables companies to seamlessly analyze and manage complex documents without the drudgery and expense of traditional human review.
docAnalytics is built to work across multiple industries, including financial services, where complex, lengthy documents often require expensive and exhaustive expert review.

With docAnalytics, even the most complex documents are turned into rich data points that conform to industry or proprietary datasets. The data points are then made available within an easy-to-use application enabling complex analysis across a large document portfolio and the ability to downstream data to other systems or stakeholders, including regulators.

The platform is designed for managing complex financing agreements (such as mortgage agreements and leases), trade documents (including shipping orders, bills of lading, and letters of credit), transactional agreements (spanning ISDA, IFXCO, GMRA, prime brokerage, securities lending, investment management and 23 other document types), and fixed income documents (including bonds, prospectuses and indentures). To date, more than 23,000 documents have been digitized, analyzed and ingested in the platform.

docAnalytics’ AI-driven data extraction is trained and maintained by Innodata’s in-house experts or can be managed by an organization’s internal specialists. Furthermore, the entire workflow is easily integrated with an API.

“The ability to transform complex documents into normalized, computer-addressable data is going to empower companies to react quickly and appropriately to an ever-changing landscape,” said Jack Abuhoff, Chief Executive Officer at Innodata. “While market participants often invest significant resources in the lengthy process of document creation, typically involving negotiators, lawyers, tax experts, credit officers and compliance officers, they have lacked the right tools to make it work. The result is that when something happens requiring quick thinking – such as a bankruptcy, default, acquisition, a ratings downgrade, or a net asset value decline – firms are faced with slow and cumbersome expert reviews. With our approach, the experts are augmented with true digital data and can react quickly to market events and manage their portfolios of documents proactively.”

The post Innodata Launches docAnalytics, a Web-Based, AI-Enabled Document-to-Data Transformation Engine & Document Analytics Platform first appeared on FinTecBuzz.

]]>
https://fintecbuzz.com/innodata-launches-docanalytics-a-web-based-ai-enabled-document/feed/ 0