20 September 2019 – Nexus FrontierTech’s UK-based team hosted the first of a series of Nexus-hosted AI seminars in Central London. Tuesday’s and Thursday’s seminar, ¨Beyond the Hype: How Banks Use AI to Drive Operational Efficiency¨ welcomed a group of over 30 banking and finance professionals looking to expand their knowledge on the ways artificial intelligence is transforming the banking industry.
Nexus CEO Danny Goh and Sales Director Hanizan Massod kicked off the session with an overview of AI’s impact on businesses’ digital transformation journey across the financial services industry, highlighting the benefits coming from the adoption and proper execution of AI in enterprise workflows and processes.
Attendees then took a deeper look into the biggest challenges banks face in this transformation, including on-demand access to data, cross-team collaboration and communication and visibility, as well as the ways intelligent automation can be leveraged to address these issues. A framework for preparing for and setting up an intelligent automation system was explored, allowing participants to visualize and compartmentalize the various elements needed to integrate a successful automation solution.
¨We couldn’t be happier with the turnout and enthusiasm of our attendees,¨ said CEO Danny Goh. ¨It’s no secret that the financial services industry isn’t just tuned into the potential of AI, organisations are already adopting deep tech into their day-to-day business. The problem, though, is knowing how to integrate this technology with the data sets they already have, the various stakeholders involved, and the resources needed for it all to come together and prove fruitful. That’s where we know we can be of some help. Having an open dialogue is where transformation begins.¨
Nexus Commercial Director Alice St. George later presented a Case Study to show attendees a real example of how Nexus used this framework to successfully transform the sales quality review process of a large global bank.
The session ended with an open Q&A session, and a cocktail for guests to network with their peers.
This seminar was the first of a string of Nexus-sponsored events and webinars whose aim is to address industry-specific problems that could be benefited by the use of intelligent automation technology.
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