Finance Automation Powered By GenAI

We stand by financial institutions consulting them and implementing GenAI-enhanced processes to help them run their operations efficiently.  

Use Cases for Various Banking Business Units

There are numerous use cases GenAI can support in a financial institution. Across different business units from the capital markets, corporate banking to risk, compliance and information technology, GenAI can transform processes that traditionally are hard to maintain and alter. Some indicative ones are:

Compliance

✓ Regulatory rules monitoring
✓ Fraud detection
✓ KYC data extraction and client review

Middle Office

✓ Transaction data reconciliations
✓ Trade Processing
✓ Settlement instruction processing

Back Office

✓ Collateral management
✓ Payment transparency monitoring
✓ Reconciliations

Risk Management

✓ Rules based credit assessment
✓ Risk policy & rules updates
✓ Risk rules monitoring

If you belong to other teams like Sales, Finance, Legal, Client Onboarding, there are more use cases that apply to you. Contact us to explore which one fits your own area of business.

Our Services

We are by your side each step of the way

  • Step 1

    ASSESS

    We collaborate closely with you to evaluate your present situation, identifying any difficulties and obstacles you encounter. We develop a comprehensive understanding of your challenges to create effective solutions.

  • Step 2

    EVALUATE

    Together, we investigate and analyze various implemented scenarios to determine which one would have the most positive and significant impact on your organization, ensuring the best possible outcomes for your goals.

  • Step 3

    CONSULT

    We will provide expert guidance on the optimal adoption of GenAI within your firm, assisting you in developing a strong and resilient framework to ensure successful and seamless integration of this advanced technology.

  • Step 4

    IMPLEMENT

    We will assume complete responsibility for implementing the desired plan and managing all subsequent practices, ensuring thorough execution and consistent follow-through to achieve the intended outcomes effectively and efficiently.

  • Step 5

    MANAGE

    We can oversee the implementation of the solution for you, ensuring effective management and coordination, even if you choose to utilize your own resources for the project, guaranteeing successful execution.

finaumate logo eye - Finance Automation Powered By GenAI

Let GenAI become a valuable resource

Financial Institutions have been always looking to modernise and streamline their operations. There is a big opportunity today to use the power of GenAI and embrace the new innovative landscape to free up resources and accelerate processes. If you are looking for operational efficiency in an increasingly competitive financial landscape, GenAI is your next best solution, just get in touch to show you how.

Eliminate these challenges from your business

Finance Automation to Eliminate challenges from your business

Back office and middle office staff’s heavy workload is causing frequent delays imposing risk in running smooth operations.

Compliance, legal and risk teams cannot keep up with the heavy burden of rapidly changing regulations while new surveillance, control and monitoring processes take way too long to implement.

Manual, labour intensive processes are error prone, increasing compliance and regulatory risks and the likelihood of fines.

Client service levels are dropping and client onboarding lead times are rising, leading to increased risk of deterioration in business and loss of market share.

Legacy systems complexity makes updates difficult, risky, time-consuming and expensive, jeopardising the organisation's ability to compete.

Why GenAI

I am sure you wonder; Can GenAI truly transform a financial institution?

We all witness the heavy and manual processes the majority of the financial institutions have. On the other side the business requirements change at a much faster pace. That creates a bottleneck.
GenAI can do the heavy lifting on several processes and make the necessary changes fast with precision and accuracy. The short answer is yes, just get in touch to show you a few cases.

I am sure you wonder; Can GenAI truly transform a financial institution?
Responsible application of AI

Why Us

This is our commitment

We prepare the future of the financial institution empowering it with GenAI capabilities. Our commitment is not only to assess and implement use cases, but also to build the right foundation in the company to adopt the GenAI framework.

Responsible application of AI

We are sensitive about:

Deployment of tools need to adhere to data privacy guidelines including on-premise solutions

Implementation not risking security functions

Design should adhere to corporate governance and responsible AI principles

Let's implement GenAI into your Operations

If you are looking for operational efficiency in an increasingly competitive financial landscape, GenAI is your next best solution.