Today’s high-tech world is creating enormous challenges for financial institutions. Financial data is being created at a massive rate that exceeds any other point in history .The financial industry is dependent not only on information, but also on information delivered as close to real-time as possible. Unfortunately, much of this data is unstructured, making it difficult for financial organizations to provide real-time recommendations and personalized engagement to their consumers. In order to keep up with the transformations happening in the industry, financial organizations need a new approach that can help them turn challenge into an asset.
To access and analyze relevant information, financial service providers are moving towards cognitive technologies which involve natural language processing and machine learning models to help them make quality decisions.
Cognub is the first cognitive computing company in Finance helping dozens of global firms with their enterprise performance management, with a reputation for rigor in data collection, analytics and providing strategic insights. Cognub provides a new way to engage with consumers and data, capture the soul of the enterprise through dynamic models all powered by the “Insights as a Service” platform for real time decision making which leverages a category of technologies that uses natural language processing and machine learning.