AiDA Technologies is a leading provider of artificial intelligence and machine learning solutions for the financial services sector. We are powering leading tier-1 insurance companies and banks with customer-centric AI solutions (on PaaS, SaaS and On-Premise)
Product centric strategies are no longer enough
for the insurance and banking sectors
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 insurance and banking problems across Asia Pacific
It’s time to monetise your data
Traditional insurance companies and banks 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-code, highly-configurable solution with a pay-per-use model
Niche capabilities
Award-winning PhD level data scientists with domain expertise
Easy to implement
PaaS, SaaS or On-premise deployment with advanced integration capabilities
Personalised
Suite of smart AI products for all types of Tier-1 and SME customers
Fraud detection
Detect activity not foreseen by pre-determined rules
Unstructured data
Analyse data that is not easily searchable including social media
Key Insights
Partial approval cases and meaningful rejection reasons
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…