How Fintech AI Works
Discover the Power of Artificial Intelligence in Financial Services
Check out these new ways that fintech companies, and those in the banking industry, are getting more out of their data, and accomplishing work faster than ever before:
Software and Workflow Augmentation
Boost your existing software and workflows by automating document-based processes. Paper or imaged-based documents present unique challenges because the context of data is easily lost.
But with Grooper, you can pull out knowledge from documents no matter the format. Use the Grooper data integration platform to ensure a very deep and wise understanding of content.
Deep Data Integration
With Grooper, fill in missing info and give context when processing non-standard forms and reports. Add valuable data from external databases during document or file processing using Grooper’s query-and-inject lookup technology.
Integrate data from any source to any source, in any required format, with easy to configure file output controls.
Achieve faster development on data science and computer vision projects. If your innovation strategy requires tons of compute, rely on Grooper’s parallel processing.
Designed in today’s era of cheap processing and storage, Grooper handles any size document or file workload.
FinTech AI Rapid Development
Building AI-assisted processes like insurance claims is now much easier. While not open source, Grooper is an open system that allows connections to a diverse set of cloud-based AI tools from vendors like AWS, Google, and Azure.
In addition, use Grooper to collect accurate data from pictures, email, handwritten notes, and more, in real time.
Financial Sector Testimonials
“Grooper will give us the access to more contract data than ever before by quickly extracting the data across thousands of lengthy contracts, allowing employees to spend time on value-adding data analysis rather than extraction.”Glena Brauer, Supervisor – Marketing Contracts and Compliance, Chesapeake Energy
“In acquisitions and divestitures, there’s millions of dollars at risk for us in knowing precisely what lease documents actually say versus what cover sheets say or the information being represented to us. With Grooper, you get precise information that has an impact on defects and revenue realization within the 45-day buying window. Without Grooper, you’d just be guessing.”Clay Chamberlain, General Counsel and Director of Legal Operations, Corterra Energy
“Our time spent getting the documents into the system and data indexed has been cut in half. The mortgage department and members across the country have benefited greatly from Grooper by meeting deadlines earlier and having information available much faster.”Gerald Davis, Manager of Support Services, American Airlines Credit Union
Featured Case Studies
Thousands of companies choose BIS to enrich products and services with unique data-centric solutions. Here are some of their stories.