AI Data Analytics In Financial Services: Survey Report
A Report on the State of AI in Financial Services from Finextra and Quantexa
A small number of multinational top-tier financial institutions are already among the world’s most sophisticated users of enterprise-level artificial intelligence (AI). But while much has been written about the potential for AI in financial services to address business problems across the industry, adoption rates and the level of maturity vary widely.
This survey sought to illuminate the evolution from making a large scale investment to adoption of AI approaches to return on this investment.
Download the full paper to learn:
- How many institutions are at each stage of this evolution?
- What use cases are they focusing on?
- What challenges are being encountered by adopting AI along the way?
You may be interested in…
A Guide to Creating Personalized Digital Services in Insurance
Learn how to leverage the power of AI and Advanced Analytics to manage changing customer expectations – and thrive in the digital age.
Transforming KYC Investigations with ABN AMRO [Video]
In this video, unlock the impressive results ABN AMRO reaped by deploying Quantexa’s advanced technology solution into their KYC processes.
Celent Report: Quantexa’s Contextual Monitoring Solution
Discover how Quantexa’s Contextual Monitoring approach is revolutionizing traditional transaction monitoring in this exclusive report.
A Guide to Using Contextual KYC to Better Understand Your Customers
With laborious onboarding, refresh and remediation processes, the challenge of KYC compliance is continuously growing. Find out how a contextual approach helps you to reduce the time and cost of KYC by increasing automation and leveraging decision intelligence for continual monitoring.
Celent Case Study: Automating KYC Investigations with ABN AMRO
Explore how an automated approach to KYC has improved the efficiency and effectiveness of KYC investigations for ABN AMRO.
The State of AI in Financial Services [Global Survey Results]
Gain an understanding of the evolution and adoption of AI in financial services in this global survey from AI Forum & Quantexa.
Related Solutions
Tax Authorities
Reduce the tax gap, identify fraud and non-compliance, and operate as efficiently as possible with limited resources.
Anti-money laundering
Reveal hidden risks and detect criminal activity faster. Reduce false positives to manage the cost of compliance. And improve investigations to make faster and more consistent decisions at scale.
Customs Agencies & Border Control
Contextual Decision Intelligence enables faster decisions, increased revenue collection and enhanced compliance. The Quantexa platform enables Customs and Border agency teams to analyze data successfully, automate and accelerate decision-making, and achieve improved results.
Fraud
Identify potentially fraudulent activity by looking at people or transactions in isolation. Understand the context surrounding the organizations you do business with to make fast, accurate decisions.
Fraud, Waste & Abuse
Empower your team with the best tools available for today’s challenges to identify and prevent fraud, waste and abuse with contextual decision intelligence software.
Credit Risk
Understand your customers, their business structures and supply chains. Make better lending decisions, faster. And support digital risk transformation.
Customer Intelligence
Generate a complete view of the context around your customers and prospects to build better relationships, reduce attrition and find hidden opportunities.
Revolutionize Your Financial Crime and Fraud Detection with Syneo
Syneo Investigations
Enhance the efficiency, effectiveness and consistency of your operational and complex investigations to empower your teams to expose and understand risk faster.
Master Data Management
Connect all data—internal and third party—to create a joined-up, contextual view of all the relationships between your customers and every other domain.
Compliance
See how we help to reduce costs and improve coverage for financial crime compliance.
CDO
See how our platform uses contextual analysis to turn data into a high value asset.
CIO
See how our platform uses financial crime technology to enhance your existing IT ecosystem.
Healthcare
Reduce the tax gap, identify fraud and non-compliance, and operate as efficiently as possible with limited resources.
Syneo for Contextual Monitoring
Reveal hidden risks and detect criminal activity faster. Reduce false positives to manage the cost of compliance. And improve investigations to make faster and more consistent decisions at scale.
Unified CRM Solution
Know Your Customer
Reduce significant manual effort across onboarding, refreshes and remediation. Automate checks, implement continuous monitoring, and focus on contextual decision making.
Growth and Retention
Contextual Engagement
Generate a complete view of the context around your customers and prospects to build better relationships, reduce attrition and find hidden opportunities.
Data Management
Connect all data—internal and third party—to create a joined-up, contextual view of all the relationships between your customers and every other domain.
Connected Customer View
Generate a complete view of the context around your customers and prospects to build better relationships, reduce attrition and find hidden opportunities.