IBM is one of the leading players operating in the AI in Fintech market. It offers financial services to a large number of financial institutions. It also offers risk and compliance understanding to handle regulatory requirements as well as enhance productivity to meet the compliance requirements. Its solutions help financial professionals understand financial crimes, regulatory requirements, and financial risks by providing advanced approaches for data.
USP : The IBM Watson platform offers various products and services for the AI in Fintech market; Watson Financial Services delivers solutions such as Customer Insight and Risk & Compliance for the financial industry. The Customer Insight solution includes cognitive capabilities that help identify the behavior of customers.
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- Product Maturity / Product Enhancement Development / Product...Enhanced Product OfferingsThe company launched a set of cognitive solutions that covers software powered by Watson to be installed on the IBM cloud. The solution provides an advanced approach to financial professionals in order to better understand financial risks and crimes and regulatory requirements. Show More
- Product Maturity / Customer Behavioral Analytics / Debt Coll...Reduces Finacial FraudThe identity verification process in financial institutions can be shortened with the use of this platform, thereby helping organizations to comply with regulations and help reduce fraud. A common protocol is also established by this platform to run background checks, using the IBM Blockchain service to decentralize records while keeping data highly secure. Show More
- Product Maturity / Business Analytics and Reporting / Data g...Simplifies ProcessWatson's capability of natural language processing is used to train in the language of the regulation. IBM began the process of feeding regulations from varied sources into the system to identify potential obligations, which will help simplify manual activities of compliance professionals on a regular basis. Show More
- Product Maturity / Business Analytics and Reporting / Busine...Lack of VisualizationThe look of the charts cannot be customized.
- Product Maturity / Core Features / Accessible analyticsCompatibility issueIt is not compatible with HTML and doc formats.
- Product Maturity / Support Services / Customer SupportPoor Customer SupportThere are no responses despite raising multiple tickets.