Cloud-native, finish-to-close IDP platform regarded for delivering improvements that assist money institutions defeat crucial hurdles in doc administration
ST. LOUIS, Nov. 30, 2022 /PRNewswire/ — KnowledgeLake, a leading service provider of smart document processing (IDP) remedies for fiscal establishments, today announced that the corporation is highlighted in Aite-Novarica Group’s hottest Commercial Banking Fintech Highlight: Q3 2022.
The Aite-Novarica Commercial Banking FinTech Highlight is a quarterly collection of marketplace studies showcasing distributors that offer revolutionary FinTech alternatives to the business banking field.
The spotlight sequence aims to provide professional banking companies perception into rising FinTech options that provide a distinctive marketing point and modern approach to solving popular banking issues.
“Electronic transformation in industrial banking has a lot of proportions and is evolving at an unprecedented tempo,” explained Erika Baumann, Director of Industrial Banking & Payments for Aite-Novarica Group. “We publish the FinTech Highlight to aid economic institutions evaluate and have an understanding of how the landscape is evolving in places this sort of as AI, device discovering, automation, and cloud technologies and to assistance discover probable partnerships. The KnowledgeLake platform applies technologies essential, and typically overlooked, to clever document and info processing, a core operational operate for any professional lender.”
KnowledgeLake’s cloud-indigenous, end-to-stop system acquired recognition in the spotlight for providing “all the key elements of a contemporary, cloud-primarily based IDP solution, which includes capture, self-training data extraction run by AI and equipment finding out, procedure automation, and limitless storage.”
In accordance to the report, KnowledgeLake has introduced essential innovations to the marketplace that can support regular banking companies and fiscal establishments give a improved consumer working experience, clear away redundancies in workflows, and meet up with regulatory and compliance wants by automating document-intensive procedures like account opening and mortgage processing.
“Aite-Novarica is an authority in the economical solutions industry, and their FinTech Spotlight provides exact, in-depth clarity into what is actually going on in FinTech. This is an interesting recognition of the special benefit KnowledgeLake provides to banking and financial institutions. We seem ahead to helping much more fiscal establishments modernize their processes as we carry on to extend our existence in the market,” reported Ron Cameron, CEO of KnowledgeLake.
The Aite-Novarica Business Banking FinTech Highlight is offered for down load on the KnowledgeLake internet site.
KnowledgeLake is the only finish-to-conclude, thoroughly cloud-native option for intelligent document processing, enabling organizations to capture, approach, and control their material in a single system. The firm combines smart document seize and robotic course of action automation (RPA) to enhance organizational productivity. Two million buyers worldwide make use of KnowledgeLake to perform a lot quicker and far more efficiently. For a lot more info, visit knowledgelake.com.
About Aite-Novarica Team
Aite-Novarica Team is an advisory organization supplying mission-critical insights on know-how, regulations, strategy, and functions to hundreds of banking companies, insurers, payments providers, and financial commitment firms—as properly as the technology and services providers that assistance them. Comprising former senior technology, method, and operations executives as effectively as experienced researchers and consultants, their industry experts present actionable information to their client base, leveraging deep insights created by way of their in depth community of consumers and other field contacts. Stop by them at aite-novarica.com.
Call: Karen Laverty, [email protected], 781-697-0514
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