Banks are faced with the challenge of having to increasingly monitor the strict compliance with regulatory requirements. At the same time, verifications and checks are still carried out (semi-)manually. These activities often take place in critical business areas such as trade finance, KYC (Know your Customer) and loan processing, where detailed checks and risk assessments are necessary. The consulting and IT service provider adesso has entered into a partnership with the Dutch provider Conpend in order to be able to offer banks a solution to address precisely these challenges.
Conpend’s innovative Trade AI business suite provides a platform that allows banks to meet these challenges with the aid of the digitalisation and automation of processes. The resources for the banking operations are controlled by a workflow system and the entire process chain is supported by artificial intelligence (AI). The solution has already been successfully implemented at selected leading European banks and is now also being introduced by adesso to the Swiss market through the partnership with Conpend.
‘adesso is looking forward to a successful cooperation with Conpend,’ says Dr. Michael Hartmann, Head of Business Line Financial Services at adesso Schweiz AG. ‘We are confident that we are in an optimal position to sustainably accompany banks on their digitalisation journey with our combination of AI-supported technology and methodologically sound project management.’
