Westy Automates Data Notifications! Market data vendors send data notifications to financial firms totaling over 5,000 per year. These notices impact product changes, coverage, and often have financial implications. When data notifications are not serviced firms are at risk of losing service or accumulating additional fees. Firms process these notices with large teams and hundreds...Read More

Meet Westy, our MDS Super Bot! Market data vendors send invoices totaling over $33 billion per year to MDS administrators at some of the most technically advanced financial institutions in the world. However, most of these invoices are processed manually because of the myriad of disconnected systems used in the complex accounts payable process. This...Read More

EXECUTIVE SUMMARY Machine Learning (ML) and artificial intelligence (AI) are revolutionary tools that are dominating the application space and are appearing in many aspects of our lives. Every financial institution stores multiple security master files from a multitude of vendors. Ensuring data quality and making decisions based upon best-in-class data sets, verifying the accuracy, and...Read More

EXECUTIVE SUMMARY Robotic process automation (RPA) and artificial intelligence (AI) are revolutionary tools for boosting productivity and improving quality in the financial service industry. RPA is used to automate repetitive, time-consuming tasks that are rules-based with the goal of establishing fully automated end-to-end processes. Moreover, RPA can be the foundation for the broader digital transformation...Read More