Essential 22 AI Companies in Financial Services
Essential 22 AI Companies in Financial Services
Today's financial services sector is experiencing an unprecedented wave of innovation. Companies operating in this environment leverage cutting-edge technologies such as artificial intelligence (AI) to offer solutions that streamline operations, improve decision-making, and maximize profits. They provide a wide array of services, including analytics for various industries, cash and liquidity management, collateral management, digital payments and investigations, and more. With the evolution of AI, the industry is set for a promising future where processes will be more efficient and economies more robust, proving it to be a fertile ground for continued exploration and investment.
Top 22 AI in Financial Services Companies
1. Fractal
- Website: fractal.ai
- Headquarters: New York, New York, United States
- Founded: 2000
- Headcount: 1001-5000
- Latest funding type: Private Equity
Fractal.ai is an analytics company that specializes in providing AI-powered solutions for a wide range of industries including Consumer Packaged Goods, Retail, Healthcare & Life Sciences, Financial Services, Technology, Media, Telecom, and Insurance. They offer innovative products and services such as conversational AI platform, image and video analytics, revenue growth management, and AI algorithms for medical imaging.
2. SmartStream Technologies
- Website: smartstream-stp.com
- Headquarters: London, ., United Kingdom
- Founded: 2000
- Headcount: 1001-5000
- Latest funding type: Acquired
SmartStream is a provider of financial software and managed services. With over 40 years of experience, they offer robust and innovative solutions for cash and liquidity management, collateral management, corporate actions processing, digital payments and investigations, and more. Their next-generation technologies and services are trusted by 70 of the world's top 100 banks, capital markets, buy-side firms, and corporations. SmartStream is dedicated to delivering cost-efficient solutions and driving operational efficiency through the use of artificial intelligence and machine learning.
3. Zazmic Inc
- Website: zazmic.com
- Headquarters: San Francisco, California, United States
- Founded: 2012
- Headcount: 201-500
Zazmic is a technology company specializing in artificial intelligence and machine learning solutions. With a team of experienced data scientists and engineers, Zazmic offers top-tier solutions using tools such as Tensorflow and LightGMB. The company focuses on building innovative solutions for industries such as insurance, trading, and financial management, and has extensive experience working with Fintech companies.
4. Sociovestix Labs - first in financial data science
- Website: sociovestix.com
- Headquarters: Edinburgh, Edinburgh, City Of, United Kingdom
- Founded: 2012
- Headcount: 51-200
Sociovestix is an innovative company specializing in financial data science. They work with partners to ensure the quality of data deliveries and provide data scouting services. They also have an open platform for scientific collaboration called SDGLabs.ai. Sociovestix is at the forefront of AI research and develops deep neural networks for various domains.
5. CreditVidya
- Website: creditvidya.com
- Headquarters: Hyderabad, Telangana, India
- Founded: 2012
- Headcount: 51-200
- Latest funding type: Acquired
CreditVidya is a company that focuses on reimagining credit underwriting. They offer innovative solutions for assessing creditworthiness using alternative data sources. Their aim is to enable financial institutions to make more accurate lending decisions and provide access to credit for underserved populations.
6. D2K Technologies
- Website: d2ktechnologies.com
- Headquarters: C. B. D. Belapur, Maharashtra, India
- Founded: 2001
- Headcount: 51-200
D2k Technologies is an innovative company specializing in AI/ML-powered predictive analytics and data-intensive solutions for the banking industry. Their CRisMac suite offers advanced analytics, big data analytics, artificial intelligence, machine learning models, and predictive and descriptive analytics. They provide comprehensive risk engines, regulatory compliance solutions, and customer analysis tools. With over 20 years of expertise in the banking domain, they help top banks, NBFCs, and FinTechs create agile digital systems for regulatory compliance and comprehensive insights.
7. VizuaMatix
- Website: vizuamatix.com
- Founded: 2007
- Headcount: 51-200
Vizuamatix is a technology company offering deep analytics solutions for the financial sector. Their proprietary artificial intelligence algorithms analyze years of transaction data in real-time, uncovering never-before-seen patterns and visualizing customer behavior. They provide superpowers to decision-makers in banks and lending organizations. Their solutions are flexible, affordable, and innovative, and they bring top-class expertise to achieve expected results.
8. DATRIX | AI solutions Group
- Website: datrixgroup.com
- Headquarters: Milan, Lombardy, Italy
- Founded: 2018
- Headcount: 51-200
Datrix Group is a tech company specializing in AI and machine learning solutions for data monetization, marketing and sales, and FinTech. They offer innovative solutions that leverage artificial intelligence to drive actionable insights and improve business performance.
9. SESAMm
- Website: sesamm.com
- Headquarters: Paris, Île-De-France, France
- Founded: 2014
- Headcount: 51-200
- Latest funding type: Series B
SESAMm is a leading artificial intelligence company serving investment firms and corporations globally. They analyze over 20 billion documents in real-time to generate insights for controversy detection, investment analysis, ESG, and positive impact scores. SESAMm provides powerful insights, covering virtually any public or private company in multiple languages. They offer ready-to-use dashboards, CRM integration, and portfolio management system integration. SESAMm's TextReveal platform allows data scientists to extract and analyze their own insights from a proprietary data lake of more than 10 million new documents daily.
10. Banktech Software Services Ltd
- Website: banktechsoftware.com
- Headquarters: London, London, United Kingdom
- Headcount: 11-50
Banktech Software is a leading provider of AI-driven solutions for the banking industry. They specialize in helping banks enhance customer experience while reducing costs. Their services include implementing AI, big data and machine learning, wealth management platforms, and cloud infrastructure design and development. Banktech is dedicated to future-proofing the banking journey through their state-of-the-art banking platform that is cloud native, mobile first, API enabled, and AI driven.
11. AiDA Technologies Pte Ltd
- Website: aidatech.io
- Headquarters: Singapore, Central Region, Singapore
- Founded: 2016
- Headcount: 51-200
- Latest funding type: Acquired
AiDA Technologies is a leading provider of artificial intelligence and machine learning solutions for the financial services sector. They power leading tier-1 insurance companies and banks with customer-centric AI solutions on PaaS, SaaS, and On-Premise.
12. Impactsure Technologies Private Limited
- Website: impactsure.com
- Headquarters: Mumbai, Maharashtra, India
- Founded: 2019
- Headcount: 51-200
- Latest funding type: Seed
Impactsure is an AI/ML powered document analytics SaaS company that revolutionizes the relationship between humans, machines, and processes. Through cutting-edge technology and analytics, Impactsure provides innovative solutions to improve business outcomes by 10x. Their services include digitizing organizations, optimizing core functioning areas, and ensuring delightful customer experiences.
13. Digilytics AI
- Website: digilytics.ai
- Headquarters: London, United Kingdom, United Kingdom
- Founded: 2018
- Headcount: 11-50
Digilytics.ai is an AI and deep machine learning powerhouse offering innovative solutions for the mortgage lending industry in the UK. Their flagship product, Digilytics RevEL, streamlines the loan origination process by automating data extraction from borrower's documents, eliminating the need for manual data entry and reducing processing time. With a focus on compliance and accuracy, Digilytics.ai helps mortgage lenders achieve faster loan processing and improve overall operational efficiency.
14. PureSoftware Ltd
- Website: puresoftware.com
- Headquarters: Noida, Uttar Pradesh, India
- Founded: 2005
- Headcount: 1001-5000
PureSoftware is a technology consulting company that offers simplified next-gen technology solutions to address complex business problems. They provide application services, including development, testing, implementation, support, and maintenance. With a customer-centric approach and flexible processes, they deliver excellence and drive cost and time reduction in projects.
15. Imarticus Learning
- Website: imarticus.org
- Headquarters: Mumbai, Maharashtra, India
- Founded: 2012
- Headcount: 51-200
- Latest funding type: Series B
Imarticus is a learning platform offering comprehensive courses in finance, analytics, technology, and marketing. They provide job assured programs, certification courses, executive programs, and university degree programs. Imarticus has a range of trending programs designed by top industry experts.
16. Energee3
- Website: energee3.com
- Headquarters: Reggio Emilia, Emilia Romagna, Italy
- Founded: 2002
- Headcount: 51-200
Energee3 is an innovative company specializing in Information & Communication Technology solutions. Founded in 2002, they offer services in the fields of UX design, machine learning, AI, and Big Data.
17. HQSoftware
- Website: hqsoftwarelab.com
- Headquarters: Tallinn, Harju, Estonia
- Founded: 2001
- Headcount: 51-200
HQSoftwareLab is a technology company specializing in data analytics, software development, and consulting services. They offer solutions in IoT, AR/VR, artificial intelligence, machine learning, and more. Their expertise lies in developing custom software, mobile apps, and web applications for various industries.
18. Massive Wisdom Group Pte Ltd
- Website: massivewisdomgroup.com
- Headquarters: Singapore, Singapore, Singapore
- Founded: 2011
- Headcount: 201-500
Massive Wisdom Group is the Business Platform enabling Leaders and Enterprises in making key decisions with purposes that create positive impacts to the world. As a Centre of Business Excellence (CBE) for the group of businesses and its affiliates, Massive Wisdom Group brings to you this collaborative Business Platform in helping business partners make strategic key decisions. Value is delivered by our group’s services and products. By using Massive Wisdom Group’s Services and Products, you’ll be assured of achieving maximum results from value appreciation, resource optimization and risk management. The Massive Wisdom Logo with the shape of 2-eyes is the embodiment of our values and purpose. Massive Wisdom Group Pte Ltd (MWG) acts as an early business model partner and investor, typically providing actionable business model before the company’s first or second outside capital from venture capital investments. We invest our knowledge, experience, time and energy in potentially scalable start-up businesses (idea, conception, prototype and inception) and accelerate them with proprietary intellectual property and technologies, potentially large markets, strong management teams, a well-developed business model and sustainable competitive advantage. MWG is a Singapore-based company right in the center of Asia. We are the market leader in IT development and management. Having 19 years of past knowledge in IT development, MWG has established many niche businesses. Ever since then, most of them have formed the core of its activities, the Group has many companies associated with it worldwide and MWG has the ultimate plan to expand from Asian markets as well. MWG’s main platforms are community based, such as marketing and advertising sites, job sites, technology sites, social community websites, information sites, etc. Let us help you achieve your goals – feel free to contact us. www.massivewisdomgroup.com
19. OptiRisk Systems
- Website: optirisk-systems.com
- Headquarters: London, Middlesex, United Kingdom
- Founded: 1984
- Headcount: 11-50
OptiRisk Systems is a company that specializes in optimization, risk analysis, and quantitative financial tools. They offer training and consultancy services in these areas, as well as cloud services and software solutions. Their products include optimization software, modeling tools, solver systems, financial analytics, and sentiment analysis in finance.
20. Axyon AI
- Website: axyon.ai
- Headquarters: Modena, Italy, Italy
- Founded: 2016
- Headcount: 11-50
- Latest funding type: Series Unknown
AXYON is a fintech company offering predictive AI solutions for investment management. They partner with clients to integrate breakthrough AI technology into their investment and risk management process.
21. Selerity
- Website: selerityinc.com
- Headquarters: New York, New York, United States
- Founded: 2009
- Headcount: 11-50
Selerity, Inc is a company that specializes in delivering unstructured data solutions to automate inefficient workflows in finance and business. They offer proprietary algorithms and technologies to determine relevance, novelty, and similarity in textual data, allowing for precise data extraction and analysis.
22. AlpacaJapan Co.,Ltd.
- Website: alpaca.ai
- Headquarters: Chiyoda, Tokyo, Japan
- Founded: 2015
- Headcount: 11-50
- Latest funding type: Acquired
Alpaca.ai is a financial services company that offers investment solutions and asset management services. They provide innovative tools and technologies powered by AI to assist investors in making informed decisions and optimizing their portfolios. Their platform caters to both individual investors and financial professionals.
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