Friday, November 22, 2024
8.7 C
New York

Temenos: Using AI for fund administration

Temenos: Using AI for fund administration

  • Announced that it’s the first to launch a SaaS Explainable AI (XAI) model to help fund administrators, insurers
  • Using Temenos XAI technology, fund accounting teams can reduce the number of manual interventions in their exceptions management processes
  • The Temenos XAI model constantly fine-tuned based on both data and human judgement, to consider volatility
  • With the power of Temenos XAI, fund administrators can benefit from more efficient and accurate workflows and exception management capabilities
  • Temenos XAI provides simple, easy-to-understand explanations in human language helping users identify why exceptions occurred
  • Temenos Multifonds Global Accounting is an agile and scalable product for fund managers’ key asset servicing, position keeping

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

TrueLayer Cuts Workforce Amid Profitability Push and $50M Funding Boost

Workforce Reductions: TrueLayer, an open banking payments company...

Amundi Acquires Aixigo to Expand Wealth Management Technology Offerings

Strategic Acquisition: Amundi, Europe’s leading asset manager with...

Celero Commerce Acquires Precision Payments to Expand SME Payment Solutions

Acquisition Announcement: US fintech Celero Commerce has acquired...

Trust Payments Appoints Laurence Booth as New CEO to Drive Growth

Trust Payments, a leading London-based paytech company, has...

NatWest Partners with NCR Atleos to Modernize 5,500 ATMs

NatWest Group has expanded its collaboration with NCR...

Gate City Bank Partners with Alkami for Enhanced Digital Banking Solutions

Gate City Bank Embraces Alkami's Technology: North Dakota-based...

UK Government Unveils Strategy to Boost Financial Services Growth and Innovation

Driving Competitiveness in Finance: The new Labour government,...

Related Articles

Popular Categories

spot_imgspot_img