Leverage sophisticated algorithms for computing risk and enforce defined risk parameters for customer onboarding and maintenance.
Define and design risk factors specific to your institution, or use Fisent library of industry standard risk factors to get up and running quickly.
Build networks of related parties that drive risk calculations and enable insight across customer relationships, sectors and industries.
Connection manages thousands of purchase orders each month, each requiring the task of opening, analyzing, and resolving complex equipment orders across email, workflow, and an ERP system. Historically, this process could take as long as 4 hours to complete and required human input. Using Fisent’s BizAI to digitize and automate the process, Connection is now able to process orders in as few as 4 minutes. As a result, order fulfillment has been expedited and time-to-revenue has been reduced.
Recently Fisent Risk was implemented within one of the largest Caribbean banks, to fully digitize and automate their onboarding/KYC assessments. This Bank serves both consumers and legal entities in four distinctly unique countries. By picking Fisent Risk they were able to save over 71,000 business hours and generate over $1,000,000 in annualized savings.