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.

  • Market Data Costs Are Rising in Financial Services – Here’s How to Get Them Under Control

    Market Data Costs Are Rising in Financial Services – Here’s How to Get Them Under Control

  • Unveiling the Path: Why Data Lineage is Crucial for Building Effective AI Products

    Unveiling the Path: Why Data Lineage is Crucial for Building Effective AI Products

  • Opening Speech: AI in Financial Services: Key Market Trends and Insights for 2024 by ARTEFACT

    Opening Speech: AI in Financial Services: Key Market Trends and Insights for 2024 by ARTEFACT

  • SCOR & SOCIETE GENERALE at AI for Finance by Artefact – Managing Data Management: Challenges in a Fast-Evolving AI Landscape

    SCOR & SOCIETE GENERALE at AI for Finance by Artefact – Managing Data Management: Challenges in a Fast-Evolving AI Landscape

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

Jérôle PETIT

Joffrey MARTINEZ

Partner – Global Lead Financial Services

Akhilesh KALE

Alexis BAUFINE-DUCROCQ

Partner

Jérôle PETIT

Akhilesh KALE

Partner

Akhilesh KALE

Athena SHARMA

Director

Akhilesh KALE

Jérémie CORNET-VUCKOVIC

Director

Akhilesh KALE

Jur GAARLANDT

Director

Akhilesh KALE

Marcus LINDSTRÖM

Director

Jérôle PETIT

Matthieu MYSZAK

Director

Akhilesh KALE

Marouane MZOURI

Director