ROCKVILLE, Md., April 8, 2021 /PRNewswire/ — Fincons Group increases its support of the digital transformation within financial services, enhancing its offering for banks and insurance companies with the expert.ai Natural Language API and expert.ai Studio.
The cloud-based expert.ai NL API provides developers and data scientists deep language understanding without requiring IT infrastructure, reducing development cost while optimizing natural language processing (NLP) applications. Smart from the start, expert.ai Studio is a downloadable fully integrated development environment for building custom applications leveraging advanced expert.ai AI capabilities for categorization, extraction etc. to meet specific customer needs.
For banks and insurance companies, the need to accelerate innovation by leveraging artificial intelligence applied to text analysis via NLU is an essential factor for creating value and increasing competitiveness. However, legacy or fragmented systems and long implementation times increase costs and often create barriers to digital transformation. The use of APIs in a practical and fully integrated development environment for building and deploying a custom AI-based text model makes application development more agile, faster, and facilitates the integration of innovative functionalities into the existing infrastructure. Fincons has extensive experience creating tailored solutions for specific customer needs which has led to the development of…