EXL has integrated the Build Your Own Transaction Foundation Model developer example from NVIDIA into its artificial intelligence and analytics offerings, enabling financial institutions to build and deploy transaction intelligence applications using their own data.
The application uses a foundation model designed to analyse billions of transaction events, such as payments, transfers and behaviour signals. Foundation models provide a unified intelligence layer across transaction activity rather than relying on separate systems for individual tasks.
“Every financial institution is sitting on decades of transaction data that holds the answer to their biggest challenges – fraud, risk, underwriting, customer experience,” said Kevin Levitt, senior director of global business development for the financial services industry at NVIDIA. “By integrating the Build Your Own Transaction Foundation Model developer example with EXL’s deep financial services expertise, financial institutions create a shared intelligence fabric that drives smarter decisions and better customer outcomes.”
The technology helps institutions transition from rules-based systems to automated transaction monitoring by embedding the tool into the EXLerate.ai platform.
The development expands a collaboration between the two companies to help enterprises deploy industry-specific AI solutions.
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