Artificial intelligence (AI) specialist CognitiveScale is collaborating with Microsoft to deliver financial services specific solutions on Microsoft Azure.
“AI has the power to transform the financial services industry more than any other technology has in recent history,” said Akshay Sabhikhi, CEO of CognitiveScale. “CognitiveScale and Microsoft are in a unique position to deliver a full stack financial services AI cloud to transform how financial institutions engage their clients, improve employee decision-making, and manage risk and compliance.”
As a Co-Sell Ready Partner in the Microsoft One Commercial Partner Program, CognitiveScale will deliver financial services industry-specific AI solutions so organisations can offer an individualised service to clients, while traders and advisors gain timely, relevant market and trading insights to help customers. The solutions will also deliver machine-generated insights to power faster investment decisions and customer experiences, while machine learning will reduce compliance risk.
“CognitiveScale’s industry optimised AI solutions help financial services companies understand the stated and unstated intentions of their customers, as well as improve their own business process intelligence, reduce costs and risk,” said Janet Lewis, vice president, Microsoft Financial Services at Microsoft. “Infusing applications with this type of insight and intelligence at any point in time results in a democratisation of AI to the benefit of every person and organisation.”