Artificial Intelligence, Machine Learning and Natural Language Processing
Re-imagine and Re-invent: Your Present and your Future
– powered by Artificial Intelligence, Machine Learning and the Cloud
Your business is constantly challenged to do more with less in an increasingly demanding (and expensive) regulatory environment. The best always find ways to ignite innovation with new technologies and better business outcomes.
The COVID-19 pandemic has impacted everyone, and most businesses are fighting daily fires to run daily operations. We are helping banks during this crisis in the following ways:
1. Implementing AI and Machine Learning to automate loan booking and servicing functions. Automation that includes contract digitization and eliminates spreadsheet-driven processes decreases loan cycle times substantially by reducing the number of manual steps by almost 70%. This is being applied successfully for residential, commercial, and PPP loans processing (including forgiveness applications)
2. Applying advanced Loan Portfolio Analytics to predict the risk of forbearance and charge-offs by loan type, segment and region enables banks to better manage risks in the lending operations
3. Leveraging cloud and other modern technologies to securely make your operations agile, scalable, and provide a significantly enhanced customer experience using predictive analytics that alleviates the current situation while strengthening your foundation for a post-COVID future
Please contact us to find out more about how you can securely and cost-effectively address some of your most critical challenges in near-immediate timeframes.
To lead with technology, you’ll want to change your investment priorities – spend less on regulatory and operational activities, and free up investment to innovate and re-invent.
Haystream helps you re-engineer and optimize your business by applying the right new (and proven) technologies that propel you forward. Beyond the traditional platforms, we have deep expertise in Artificial Intelligence (AI), Machine Learning (ML), Natural Language Processing (NLP) and Cloud Platforms to help our clients.
Some of the areas where our clients have achieved unprecedented business outcomes include
-
Digitize, extract and process information from structured and unstructured data, including images, emails, documents with constantly changing formats and text placements with more than 96% accuracy using proprietary Machine Learning algorithms that include domain, geography and industry context and expertise
-
Re-engineer and automate manually-intensive business operations, and eliminate spreadsheets and other user developed applications used, and significantly improve straight-through processing rates to over 95%
-
Re-architect and modernize existing on-premise technology using public and private clouds to create a cost-effective and scalable capabilities
Supercharge your teams and use technology to deliver superhuman performance
Artificial Intelligence
Real AI. Real Business Impact. Achieve 70%+ Operational Efficiency. Change the game
Cloud Modernization
Secure, Fast, Flexible at a fraction of your existing infrastructure costs with the right cloud strategy
Industry Solutions
Proven Intelligent Automation solutions for your manual, spreadsheet-driven operations
