TRADE AI enhances compliance and improves efficiency
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- Conpend’s TRADE AI app converts all documents into machine-readable words before automatically checking them against inputted rules and regulations, enabling far greater efficiencies than human checkers can achieve.
- The app is also self-learning from all previous transactions, resulting in increased processing speed over time, and allowing it to produce analysis as well as recommend actions and solutions.
- Operatives are freed from the monotony of document reading, allowing greater focus on checking the discrepancies identified by the app – all adding to the efficiency gains.
- ING Bank reports cost savings on turnaround time as well as significant operational simplification and reduction in the probability of errors.
- For additional use case : whitepaper ING Trade AI enhancements
