Contemi, a leading financial IT solutions provider, has been recognized by FinTech Global as one of the world’s 100 most innovative companies using artificial intelligence (AI) to transform financial services.

FinTech Global- the world’s leading provider of FinTech information services, has selected Contemi as a leading provider of technology solutions enabling improved efficiencies across insurance, private banking, wealth management, and capital markets with its AI and machine learning (ML) enabled solutions.

 

The use of AI and data analytics has grown tremendously over the last few years as financial institutions move towards digital operations and look to unlock additional revenue growth, minimise operating expenses, and automate manually intensive processes. The rate of adoption in areas such as insurance, personal finance, fraud detection, and customer experience has accelerated during the pandemic as organizations start to offer new and improved digital services to their customers and employees. Data from Business Insider Intelligence suggests that the aggregate potential cost savings for financial service organisations from AI applications is estimated at $447 billion by 2023.

 

FinTech Global director Richard Sachar said, “Now, more than ever, established financial institutions need to be aware of the latest AI and data analytics technology innovations in the market to ensure they deliver competitive financial products and reach new customers.”

 

“The AIFinTech100 list helps senior management filter through all the solution providers in the market by highlighting the most innovative artificial intelligence companies in areas such as Insurance, Banking, Investment & Trading, Lending, Customer Experience, Compliance, and Fraud Prevention,”  he added.

 

Gaurav Mehta, Executive Director at Contemi Solutions, said: “We are truly honored to be recognized as one of the top 100 AIFinTech solution providers globally. We are even prouder of the fact that we are chosen by industry experts, and this reinforces our vision towards enabling new and existing customers with cutting-edge solutions.

 

Over the past year, our goal has been to offer inbuilt AI and ML capabilities across our product suite which includes our multi-award-winning wealth intelligence (WIN) platform as well as our SAAS based Seamless.Insure platform.”

 

The standout companies were chosen by a panel of industry experts and business analysts who scoped out the industry landscape and voted on the most innovative players after reviewing over 1,000 FinTech companies.

 

A full list of the AIFinTech100 can be found at www.AIFinTech100.com

 

ABOUT FINTECH GLOBAL

FinTech Global offers the most comprehensive data, the most valuable insights and the most powerful analytical tools available for the global FinTech industry. They work with market leaders in the FinTech industry – investors, advisors, innovative companies and financial institutions – and enable them to get the essential intelligence they need to make superior business decisions. They cover every industry development, every investment, every exit and profile of every company in every FinTech sector around the world. For more information, please visit: www.FinTech.Global.

 

ABOUT CONTEMI

Headquartered in Singapore, Contemi Solutions provides IT solutions to insurers, brokers and wealth managers in Asia, Europe, and Australia. Backed by over 25 years of experience, Contemi’s innovative digital business solutions are delivering value to 50 financial services companies across the globe. Contemi maintains a local perspective globally with a team of more than 200 employees working from 11 offices across the UK, Norway, Singapore, Hong Kong, Australia, Vietnam, Malaysia, Indonesia, and India.