Total 37 Vendors
#2IBM Watson Platform
IBM has a strong presence in the AI in Fintech market, because it caters to the maximum number of fi
#3AMAZON AWS Alexa
The company is working on building AI intelligence in its application through research and technolog
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Buyer, Finance, SME
Global Head - Service and Product Development, Company Name Classified
“IBM Watson Financial Services: Perfect for institutions struggling to comply with regulations"
Feb 25, 2019
With the increasing number of regulations in the financial sector, the complexity of handling them has also increased. Banks and financial institutions, are struggling to not only keep up with the dynamic regulations but also to comply with them 100%. This is making them spend unnecessarily high amounts of money to tackle this issue. In such a scenario, it is IBM Watson Financial Services that comes to the rescue. This platform uses AI as well as ML to identify and present incidences spanning across financial crimes and risks and GRC (governance, risk, and compliance). It helps banks that have limited clarity on what to expect and what obligations to fulfil when it comes to important regulations pertaining to KYC, AML, and the like. IBM’s regtech developments help tackle this issue and assists these institutions in making sound decisions, in a cost-efficient manner. With the increasing volumes of data that is being processed through these organizations, it is highly likely that they are going to need AI to handle as many issues as it can, so that their executives have time to carry out more important tasks.
Other, Company Name Classified
“A great AI platform to use in your business"
Feb 21, 2019
A great cognitive tool to help you keep up, deal with, and comply with the ever-changing regulations in the financial sector. As a cognitive AI tool, it will guide you about important determiners such as customer behavior, patterns in their behavior, risk analysis, and help you manage your risks wrt regulatory compliance. This plays a major role in meeting our customer requirements, and providing them more personalized campaigns, without compromising on compliance.