Data & AI for Financial Services

Transforming and creating value for Banking, Insurance, Investment Management, and Private Equities through the power of data & AI.

Enhanced Customer Experience through AI-Powered Chatbots

Enhanced Customer Experience through AI-Powered Chatbots

  • By 2023, 90% of banks report that integrating AI into customer service solutions has enhanced user experience.(MarketSplash)​​ (Meniga)​.

  • Financial institutions deploying chatbots have achieved a 30% reduction in customer service costs, resulting in savings of over $8 billion annually​.

Advanced Fraud Detection and Risk Management

Advanced Fraud Detection and Risk Management

  • AI systems have reduced fraud detection times by up to 70%, with some banks reporting a 50% reduction in fraud-related losses.​ (McKinsey & Company)​.

  • Predictive analytics has enabled banks to reduce loan default rates by 20%​​.

Operational Efficiency and Cost Reduction

Operational Efficiency and Cost Reduction

  • Robotic Process Automation (RPA) is leading to a 40% reduction in processing times and a 50% decrease in operational costs.​ (McKinsey & Company)​​ (Meniga)​.

  • Error Reduction: AI and automation have reduced human errors in financial transactions by 37%, enhancing accuracy and reliability in operations.

Client case BNP PARIBAS

An AI efficiency program to accelerate the transformation program of the BCEF entity.

Client Cases in Financial Services

BNP PARIBAS An AI Efficiency program to accelerate the transformation...

ARDIAN A three-day hackathon to enhance a leading investment firm’s...

ORANGE BANK enhances its data marketing with rapid deployment of...

MAIF Using Topic Modelling to reduce contact centre bottlenecks.

HOMESERVE Using speech analytics to improve customer satisfaction

MAIF Segmentation Marketing -Artificial Intelligence to Enhance Insurance Customer Understanding

Data & AI for Finance Report

Articles by our business & tech experts and client cases.

Data & AI for Finance Report
AI For Finance Summit 2023

September 17th, 2024. Paris,
Palais Brongniart.

AI For Finance Summit 2024

Our expert contents about Financial Services

We are data, AI and digital experts sharing our insights and latest market updates.

  • TOTALENERGIES TRADING at AI for Finance by Artefact – LLM for trading

    TOTALENERGIES TRADING at AI for Finance by Artefact – LLM for trading

  • MAIF & TREASURE DATA at AI for Finance by Artefact – How to improve performance through the deployment of gen AI solutions for businesses, within a sovereign and responsible framework

    MAIF & TREASURE DATA at AI for Finance by Artefact – How to improve performance through the deployment of gen AI solutions for businesses, within a sovereign and responsible framework

  • IBM & CREDIT MUTUEL at AI for Finance by Artefact – Leveraging machine learning: Innovations, challenges, and future trends in banking

    IBM & CREDIT MUTUEL at AI for Finance by Artefact – Leveraging machine learning: Innovations, challenges, and future trends in banking

  • PASQAL at AI for Finance by Artefact – Quantum computing in finance with neutral atoms

    PASQAL at AI for Finance by Artefact – Quantum computing in finance with neutral atoms

Our Artefact Leaders in Banking, Insurance and Private Equity (PE)

Jérôle PETIT

Joffrey MARTINEZ

Partner – Global Lead Financial Services

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Akhilesh KALE

Alexis BAUFINE-DUCROCQ

Partner

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Jérôle PETIT

Akhilesh KALE

Partner

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Akhilesh KALE

Athena SHARMA

Director

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Akhilesh KALE

Jérémie CORNET-VUCKOVIC

Director

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Akhilesh KALE

Jur GAARLANDT

Director

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Akhilesh KALE

Marcus LINDSTRÖM

Director

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Jérôle PETIT

Matthieu MYSZAK

Director

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Akhilesh KALE

Marouane MZOURI

Director

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