May's FinTech Highlights: A Year in Review

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Wipro, a top player in technology services and one of the leading consulting firms in the financial services sector, has joined forces with Microsoft to unveil a range of generative AI-driven cognitive assistants: Wipro GenAI Investor Intelligence, Wipro GenAI Investor Onboarding, and Wipro GenAI Loan Origination.

These innovative virtual assistants (VAs) are designed to aid financial services companies in boosting productivity, streamlining client onboarding, and enhancing client interaction.

Wipro & Microsoft: Empowering Finance Professionals

By harnessing the power of Generative AI, Wipro aims to equip finance professionals with profound market insights, providing them with timely information regarding investment products and investor behavior.

Additionally, Wipro’s new VAs will expedite the processes of investor onboarding and loan origination by drastically shortening the time required for document validation and contextual responses to investor inquiries.

Utilizing Microsoft Azure OpenAI, Wipro’s cognitive assistants will seamlessly integrate with existing mobile and digital platforms to create a unified source of information, delivering a smooth user experience for finance professionals.

Suzanne Dann, CEO of Americas 2 Strategic Market Unit at Wipro Limited, stated, “Generative AI ushers in a new era of opportunities for outstanding client experiences and improved productivity within the financial services landscape.”

“This new suite of solutions, supported by Microsoft, will grant financial advisors and banking professionals enhanced and quicker access to market and product intelligence, allowing them to offer more tailored and timely services to their clients.”

“These solutions will also streamline the often tedious and repetitive steps involved in onboarding new investors or originating loans, reducing the time dedicated to paperwork. We are excited to further strengthen our collaboration with Microsoft in this arena and continue providing state-of-the-art solutions to our financial services clients.”