Nexus FrontierTech, a leading AI and IDP solutions provider, announced on March 13, 2023, that its Financial Services Extraction (FSX) services are now available through the Temenos Exchange ecosystem of integrated fintech solutions.
Nexus FrontierTech's FSX solution provides more than 50 unique AI modules, enabling instant advanced processing of various document types like bank statements, financial statements, and identification documents, among others. Clients can get tailored customizations to meet their specific needs. The integration of unstructured data into the company's systems is seamless, significantly improving operational efficiency and staff productivity. With Temenos, deploying FSX is now faster and easier than ever.
Temenos Exchange accelerates innovation at scale by providing a pre-integrated and approved ecosystem of fintech solutions that can be quickly deployed on top of Temenos' open platform. This allows banks to speed up the development of new financial services while simultaneously reducing development costs.
Martin Bailey, Director of Innovation and Ecosystems, Temenos, stated, "Temenos Exchange acts as an accelerator for fintechs and software developers, helping them develop, validate and monetize new banking solutions. Joining Temenos Exchange means Nexus FrontierTech can write once and sell its solution across a vast banking audience of more than 3,000 clients in 150 countries. Collectively, this community serves the banking needs of 1.2 billion people worldwide."
(Source – Cision PR Newswire)
Danny Goh, Chief Executive Officer of Nexus FrontierTech, remarked, "Nexus FrontierTech's availability on Temenos Exchange addresses the urgent need for simpler and swifter AI deployment so companies can benefit from operational automation quickly. With our focus on innovation for traditional financial organizations, clients without tech specializations eliminate the risk of falling behind pure Fintech competitors."
He further added, "Nexus' participation in Temenos Exchange further extends our commitment to the banking community. We look forward to leveraging the power of the Temenos platform to help our clients achieve their business goals."
(Source – Cision PR Newswire)
About Nexus FrontierTech
Nexus FrontierTech accelerates financial decision-making through modular automation solutions on its proprietary AI engine. Its technology enables the efficient development of structured processes for compliance, risk management, and innovation purposes, providing real-time visibility and traceability to enterprise data. Since 2015, the company has optimized operations for financial and governmental organizations, with three key products focused on ESG analysis, financial modeling, and risk management. Its mission is to drive digital transformation for sustainable value creation.