Watch this webinar and gain valuable insight from Adrian Murray (CEO, Fisent Technologies Inc.) as he shows how his company’s software automates compliance testing services in the banking industry.
Fisent uses GenAI to automate key business processes, allowing you to spend your time where it matters.
SOC 2 Type 2
Watch this webinar and gain valuable insight from Adrian Murray (CEO, Fisent Technologies Inc.) as he shows how his company’s software automates compliance testing services in the banking industry.
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.
As one of the top-performing syndicates in the Lloyd’s of London insurance market, AEGIS faced the challenge of ingesting, analyzing, and responding to inbound information that comes in varying structures and diverse formats. One example is submissions from insurance brokers requesting policy adjustments that potentially impact exposure or premiums. This labor-intensive work, often involving underwriters, diverts valuable time from underwriting new business. Fisent BizAI was quickly able to begin processing the multitudes of structures, languages, and formats seamlessly to deliver actionable data into the enterprise workflow — creating cost and speed advantages and improving the way data is used to drive more timely and informed business decisions.
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.
Fisent recently integrated workflow with BizAI to build a comprehensive Regulation E dispute testing and monitoring system for Kaufman Rossin, fully digitizing and automating the entire process. This enabled KR to transition from a manual knowledge worker based approach to a digital AI-powered system that reduced manual input errors by 90%. This shift reduced time spent on quality assurance and accelerated testing by 50%. While also enabling Kaufman Rossin clients to access real-time reports and trend analysis.
Recently Fisent Risk was implemented within Aruba Bank and Orco Bank, to fully digitize and automate their onboarding/KYC assessments. These banks serve consumers and legal entities in four distinctly unique countries. Fisent Risk was able to save over 71,000 business hours and generate over $1,000,000 in annualized savings.
