What’s your next move?

Product centric strategies are no longer enough
for the banking and finance sector.

Who we are

AiDA Technologies is a leading provider of artificial intelligence and machine learning solutions for the financial services sector. We are powering leading tier-1 banks and insurance companies with customer-centric AI solutions.

The AiDA advantage

Our multi-award-winning, proprietary machine learning technology is supervised by an in-house team of PhD level data scientists who are experienced working with real-world banking and insurance problems across Asia Pacific.

It’s time to monetise your data

Traditional banks and insurance companies have access to rich and comprehensive amounts of data and this is allowing the finance industry to become the vanguard of technology-driven innovation, particularly in Asia. When you  leverage the vast amount of data you have access to, you can experience the A-i-D-A effect

Accelerate processes

We provide the tools needed to get things done quicker. Our solutions accelerate tedious, and error-prone claims and loan processes, and expedite agent performance

Identify revenue potential

The key to revenue growth is high precision forecasting. With predictive analytics  up-sell opportunities are identified, acquisitions are increased and long-term loyalty is achieved

Drive cost reductions

By detecting changing behaviors it’s possible to mitigate increasing costs. With predictive analytics suspicious activity can be anticipated so proactive steps can be taken

Anticipate evolving risk

With predictive analytics potentially suspicious activity can be flagged, fraud can be detected, policies at risk of surrendering can be spotted and increasing AUM can be anticipated

A new customer-centric approach is needed

It’s no secret that fintech has put pressure on the financial services industry. However, banks and insurance companies are fortunate to have an advantage that these new entrants don’t possess – that advantage is data.

Traditional banks and insurance companies have access to deeper and more personal datasets than any organisation, but it remains locked in a vault and heavily underexploited.

Research by McKinsey shows that…

Banks can potentially boost profit up to 40% by using predictive analytics to deepen relationships and attract new customers

The AiDA difference

Cost-effective

Low adoption costs with a pay-per-use model

Niche capabilities

An award-winning team of PhD level data scientists

Outlier detection

Detects activity not foreseen by pre-determined rules

Personalised

All types of retail banking and SME customers

Unstructured data

Analyse data that is not easily searchable including social media

Key Insights

Partial approval cases and meaningful rejection reasons

Easy to implement

Deploy on-premise or on a private or public cloud

FSI Compliant

Compliant with all FSI requirements and SG:D accredited

Our impact

1,500

Loans assessed

1,500

Claims processed

1,500

Anomalies detected

1,500

Default predictions

What’s trending: Robotic Process Automation vs AI

As more financial companies overhaul their business intelligence tools and embrace predictive analytics, the term AI…

AiDA wins MEDICI’s Top-21 RegTech award

We were recognised for our unsupervised machine learning ability that results in some of the best efficiency gains for banks…