Digital Banking Specialist Adnovum Secures AI Expertise
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IT consulting firm Adnovum has joined forces with a Swiss artificial intelligence specialist. The partners want to use the technology of the future to transform the financial sector.
Adnovum and Squirro have embarked upon a strategic partnership, as we learned in a press release on Wednesday. The aim of this cooperation? To use Squirro’s artificial intelligence (AI), natural language processing, and retrieval augmented generation technologies to enhance the digital solutions offered by Adnovum.
Together, the two companies want to launch new offers which will transform the banking and insurance sectors, as they promoted in the press release.
The cooperation will focus on the Swiss and Singapore markets. There, the new AI solutions are intended to go beyond the conventional digital transformation and complement human intelligence. Processes in service management and client engagement are particular focus points.
In recent years, Adnovum has made a name for itself in digitizing the Swiss financial center, and also has a presence in Asia. Squirro was founded in 2012 and is a fast-growing company with teams in Switzerland, the United States, the U.K., and Singapore. Clients of the AI specialist include the European Central Bank and the Bank of England.
Questions & Answers
Q.Which specific technologies from Squirro will Adnovum be using in this partnership?
Which specific technologies from Squirro will Adnovum be using in this partnership?
Adnovum plans to use Squirro’s artificial intelligence, natural language processing, and retrieval augmented generation technologies. These will be integrated to enhance the digital solutions Adnovum currently offers.
Q.What is the primary goal of the cooperation between Adnovum and Squirro?
What is the primary goal of the cooperation between Adnovum and Squirro?
The main goal is to launch new offers that will transform the banking and insurance sectors. They aim to enhance digital solutions beyond conventional transformation and complement human intelligence.
Q.In which geographical markets will the new AI solutions be initially focused?
In which geographical markets will the new AI solutions be initially focused?
The cooperation will initially concentrate on the Swiss and Singapore markets. The new AI solutions are intended to be rolled out in these regions first for the banking and insurance sectors.
Q.Which areas within the financial sector are particular focus points for the new AI solutions?
Which areas within the financial sector are particular focus points for the new AI solutions?
The new AI solutions will particularly focus on processes within service management and client engagement. These areas are intended to be enhanced by the combined technologies of both companies.
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