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CyborgIntell, a leading provider of AI solutions, announced the launch of two new AI solutions for the BFSI sector: Feature Store and Model Risk Management (MRM).
Feature Store is a zero-code AI platform that can automatically create thousands of new features from raw data, reducing the time needed for data preparation for modeling by 90%. This allows financial institutions to assess various aspects of their transactions, such as behavior, patterns, habits, preferences, risk, relationships, and more.
Model Risk Management (MRM) is a diagnosis tool that monitors over 60 different parameters for three types of reports: model, feature, and data drift reports. MRM can alert if the AI fails and also give the root cause analysis of AI failure. It can also detect if there is any change in customer behavior or pattern, or if the model has degraded, and help to solve the problems by itself.
"Financial organizations have long struggled to efficiently use data," said Suman Singh, Founder and CEO of CyborgIntell. "Our next-generation AI product, which is turbo-charged, can assist BFSI organizations in extracting unrivaled value from their data and making quick decisions that will revolutionize their business and achieve ROI from the first day."
"Model Risk Management is more than a feature; it is a protection," said Amit Kumar, Co-founder and VP of Product Engineering of CyborgIntell. "It changes AI from a potent tool into a dependable partner, assuring businesses to make data-driven decisions without the threat of uncertainty or failure. MRM guarantees that the client's AI stays a reliable asset, by providing root cause analysis and self-mitigation of problems."
CyborgIntell's new AI solutions are designed to help BFSI organizations improve their efficiency, accuracy, and profitability. They are also designed to help BFSI organizations reduce risk and improve compliance.
CyborgIntell is a leading provider of AI solutions. The company offers a zero-code AI platform that can be used to develop and deploy AI models without any coding required. CyborgIntell's AI solutions are used by a variety of industries, including BFSI, healthcare, and retail.
