PARIS & NEW YORK–(BUSINESS WIRE)–Sinequa, a leader in cognitive search and analytics, and Aurexia, a
leader in business consulting for financial services, today announced a
partnership to deliver AI-powered technologies that provide financial
institutions with maximum protection and control over sensitive customer
data, and deliver a smarter, more robust customer experience by
delivering contextual insights.
Financial institutions collect massive volumes of data, which can be a
double-edged sword. Maintaining significant amounts of customer and
portfolio data can provide tremendous opportunities for increased
revenue and reduced risks. Yet organizations must comply with stringent
regulations such as Dodd Frank (US), MiFID II (EU) and the GDPR (EU).
These major regulatory changes heighten the pressure on financial
organizations to organize and secure sensitive Non-Public Information
(NPI) and Personally Identifiable Information (PII).
“A majority of financial institutions are under-exploiting the volumes
of unstructured data, and specifically available data about their
clients, that can be helpful for risk & compliance purposes and improved
customer service,” said Charles Bain de la Coquerie, partner at Aurexia.
“In our view, explicitly mining this content to identify and capture
contextual insights using Sinequa’s platform provides tangible business
benefits to financial organizations.”
Located in London, Paris, Luxembourg and in Asia, Aurexia operates
exclusively in financial services and provides a business consultancy
through its dedicated practices: Capital Markets, Transaction Banking,
Securities Services, Asset Management, Private Banking, Retail Banking,
Finance, Risk and Insurance.
Aurexia’s expertise is also focused on supporting the digital
transformation efforts of banks using Sinequa’s AI-powered search &
analytics platform to uncover insights to improve client management
services, mitigate risks, accelerate compliance with regulatory mandates
“We continue to expand our footprint in the financial services industry,
and we are excited to partner with Aurexia, an established leader in the
space, to advance that progress,” said Patrick Metaireau, director,
Channel Sales EMEA at Sinequa. “Together, we provide customers with
powerful intelligence solutions that extract value from financial data
and surface actionable information across all business functions, so it
can be used to improve things like customer service, risk management,
investment banking, regulatory compliance and asset management.”
For more information about how Sinequa helps Financial Services
Organizations unlock the potential of their data, please visit: https://go.sinequa.com/whitepaper-finance.html.
Founded in 2006, AUREXIA is a business management-consulting firm,
committed to helping clients within the financial services industry
achieve substantial and lasting improvements in their organizations.
With consultants based in 5 different countries, Aurexia can bring
unparalleled value and expertise to clients globally and help them to
take on challenges involving the re-structuring of their business model,
re-shaping of operations and processes all within an increasingly
restrictive regulatory framework. Aurexia’s commitment to research and
development is materialized with the Aurexia Institute insights
production on all financial services business topics. Aurexia continues
to further develop its capabilities in digital transformation by setting
up the AUREXIA FINLAB which manages all dimensions of our innovation
clients’ needs including working with external innovative providers such
as Sinequa. For more information, www.aurexia.com.
Sinequa is an independent software vendor providing an AI-Powered Search
& Analytics platform for Global 2000 companies and government agencies
that connects people with the information, expertise and insights
necessary for organizations to become information-driven. For Sinequa
customers, this means actionable information presented in context to
surface insights, inform decisions, and elevate productivity. The
platform has been forged by experience in projects for large
organizations in complex environments with large and diverse sets of
data and content. Sinequa’s unified platform is fully integrated and
configurable to support current and future needs around becoming
information-driven. For more information, www.sinequa.com.