Executive Brief
Executive Brief on GenAI: Financial Services
With Vectara’s RAG-as-a-Service, financial services businesses can embed GenAI quickly and easily without the risk of data or privacy violations.
The financial services industry is no stranger to artificial intelligence (AI). 99% of financial services leaders surveyed by EY said that their organizations were deploying AI in some way. ALL reported that they are either already using or planning to use GenAI within their organization. Your charter as a financial services leader is clear: Figure out how your operation can use GenAI or risk falling behind the competition.
Vectara is an end-to-end platform for embedding powerful generative AI features into applications with extraordinary results. Built on a solid hybrid-search core, Vectara delivers the shortest path to a correct answer/action through a safe, secure, and trusted entry point. Vectara never trains on your data, which allows businesses to embed generative AI capabilities without the risk of data or privacy violations.
With Vectara for Financial Services you are able to:
- Analyze market trends and patterns to stay competitive.
- Quickly summarize policies, documents, and other unstructured forms of content.
- Give analysts, wealth managers, insurance agents, and more the means to easily find and synthesize answers from a massive internal knowledge base.
- Simulate fraudulent patterns and scenarios to improve detection algorithms, enabling better identification and mitigation of potential threats in real time.
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