Today, the financial industry seeks to automate daily processes and deliver more personalized financial products and services. In collaboration with IT companies, financial organizations are digitally transforming the traditional financial landscape to achieve better quality and reduce costs.
Our development and BA teams will help you integrate state-of-the-art IT solutions into your business processes. Based on extensive experience in the banking and investment sectors, our engineers can develop online banking systems, trading platforms, environments for the development and testing of trading robots, and many other financial applications.
The use of Big data and Machine learning is crucial for the personalization of customer service. Banks that fail to implement these technologies run the risk of losing their competitiveness in the second half of the 2020s.
Big data and Machine learning provide the basis for building various neural network-based trading strategies for investment companies.
Full functional solutions for Financial organizations require deep knowledge of financial domains in combination with cloud and mobile technologies reached by AI and Data Science. Digital Transformation based on FINMATEX Platform Implementation in Financial Organization.
Banks and financial institutions have enormous amounts of customer data. However, they are using only a small portion of it. They need smart solutions that would allow them to automatically process this data. That’s where AI comes into play. AI-powered systems can help modern banks to:
The use of Big data and Machine learning is crucial for the personalization of customer service. Banks that fail to implement these technologies run the risk of losing their competitiveness in the second half of the 2020s.
Big data and Machine learning provide the basis for building various neural network-based trading strategies for investment companies.
Trading automation has helped reduce the number of market failures and make it harder to find them. Quants carefully search for hidden patterns between assets and events, set up increasingly complex neural networks, and apply sophisticated mathematical tools to maximize profits. Over the past 12 years, the boom in the stock market has increased the popularity of robo-advisory platforms that provide millions of customers with automated, personalized investment recommendations and help reduce the cost of service fees.
Our engineers, BAs, and AI specialists develop solutions that allow creating an environment for options trading and arbitrage operations automation, create modules for robo-advising, deliver solutions based on neural networks that help build a successful investment portfolio based on the specified criteria of the investment term, risks, and profitability.
Chatbots are a new highly personalized communication channel. And thanks to the development of AI, they are becoming even smarter, more responsive, and user-friendly. Through voice and text messages, chatbots provide users with personal investment recommendations, allow them to create asset purchase orders, and more.
In finance, chatbots are used for account management, in the financial marketplace and for financial consulting.
This technology is increasingly being used by banks and other customer-facing financial companies. It helps improve customer service and free up staff for more significant tasks, allows you to collect more information about customers, and reduces the risk of fraud.
Financial organizations apply computer vision for:
Softarex has been developing Computer Vision-based solutions for various sectors of the economy for years and will gladly assist you in implementing this technology in the business processes of your financial institution.
When developing software for financial institutions, we pay great attention to information security and data protection. We follow the requirements of the SOC 2 security standard. Our solutions undergo a security check using specialized tools and systems for vulnerability analysis. Read more >>