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
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
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
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...
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