Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, has announced the launch of the Finacle Data and AI Suite, a set of solutions to empower banks to infuse AI into their digital operations and accelerate their enterprise AI journey.
The suite will offer a comprehensive set of platforms that enable banks to build low-code, predictive as well as generative AI solutions from the ground up with high transparency and explainability.
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It will help banks scale their data readiness, industrialise AI model development, apply generative AI technologies and deliver actionable insights across their entire ecosystem
The Finacle Data and AI Suite is a part of Infosys Topaz, an AI-first set of offerings using generative AI technologies and steered by a ‘responsible by design’ approach that ensures strong standards of AI ethics, trust, privacy, security and regulatory compliance. The suite consists of three components: Finacle Data Platform, Finacle AI Platform and Finacle Generative AI Offerings.
It includes an automated data pipeline to clean, transform, and deliver data for AI and other organisational requirements. This sits alongside a modular data lakehouse with BIAN (Banking Industry Architecture Network) inspired data models and domain-specific data marts for rapid, interoperable access.
It allows banks to build, train, deploy, monitor, and optimise AI solutions from a unified interface. It features a wide range of pre-trained models and ML techniques, combined with a no-code, generative AI-driven approach, allowing both technical and business users to create explainable AI solutions rapidly.
The platform’s library of pre-built use cases facilitates seamless AI integration into various business processes and user journeys. Features such as model comparators, what-if simulations and pattern analysis, help refine and elevate modelling sophistication.
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By GlobalDataThe platform promotes responsible AI practices with capabilities for detecting biases and drifts and includes a patent-pending synthetic data generation feature to safeguard data privacy during training.
Sajit Vijayakumar, Chief Business Officer and Global Head, Infosys Finacle, commented: “AI is transforming banking by redefining the future of customer experience, risk management, and decision-making. By leveraging data at scale, AI empowers banks to anticipate needs, personalise solutions, and drive growth with unprecedented agility. We are excited to introduce the Finacle Data and AI Suite as a definitive solution for banks seeking to harness the power of AI. The Finacle Data Platform lays out a robust data foundation, and the Finacle AI Platform abstracts the complexities of AI development, putting power in the hands of banks’ business teams to unlock the true potential of AI.”
