Technology Record - Issue 29: Summer 2023

“ITSCREDIT delivers an omnichannel platform, focused on the digitisation of credit processes, flexibility, fast time to market and complete control of the entire credit life cycle. We deliver credit risk capabilities that allow an in-depth risk analysis, reporting and tools to mitigate credit defaults and losses. We believe that the use of AI and ML capabilities can help institutions automatically assess clients’ creditworthiness by processing large amounts of data to detect the better risk drivers to incorporate into their scoring and ratings models. The optimisation and use of ML could allow institutions to reduce credit defaults and losses, while increasing revenue and profitability.” “At Intellect Global Transaction Banking, we have created our solutions driven by fifth-generation banking design principles. eMACH.ai, for example, leverages Microsoft’s cloud, OpenAI and other technologies, to empower banks in their journey towards delivering exceptional user experiences. Leveraging Microsoft’s cloud, we enable elastic on-demand scalability and robust security for our clients, ensuring their operations run efficiently and reliably. Through OpenAI, we will facilitate intelligent automation, predictive analytics and personalised recommendations, so that banks can optimise processes, make data-driven decisions and provide contextual solutions to their customers. Our commitment lies in leveraging Microsoft’s tools to drive transformative growth for our customers.” “Financial services providers have to be more flexible and evolve quickly. There is no question that cloud technology brings a greater sense of agility, and it is the future of the industry. Our platform was born in the cloud, and partnering with leading players like Microsoft allows our customers, which include the established banks, neobanks, fintechs, lenders, and non-traditional financial players, to build and enhance their own financial cloud journeys on a global scale.” Balakrishnan Narasimhan Senior Vice President and Head of Solution Consulting, Americas, Intellect Design Ricardo Ribelles Director of Partnerships Development, Mambu Bruno Faria Technology Project Manager, ITSCREDIT 114 Photo: iStockphoto/fipopba Image: vectorstock.com/Ramas

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