Arya.ai is a significant player in the realm of AI solutions tailored for Banks, Insurers, and Financial Services. It provides a responsible 'AI' cloud that enables the rapid deployment and scaling of AI-enabled applications, facilitating institution-wide adoption of responsible AI.
The Arya AI APIs are a standout feature, offering exceptional AI capabilities that are easy to adopt. These APIs are curated with the power of three cornerstones: AI, Research, and Applicability, serving over 550,000 APIs per day with a processing time of less than 0.54 seconds.
There are various trending apps available, such as AI Models trained on task-specific datasets for plug & use. These include Passive Face Liveness Detection, Fraud Mitigation, Virtual Verification, and many others that assist in different aspects of financial operations.
AryaXAI is another crucial offering, an ML Observability platform for mission-critical AI solutions. It provides comprehensive features like real-time explainability understandable by all stakeholders, simple GUI interfaces for policy controls, proactive monitoring to avoid slippages, and ML Audit capabilities.
Libra, with its customizable AI Modules built on AryaXAI, allows for the automation or augmentation of core processes at scale. For example, the Autonomous Underwriting Module (AUM) can handle underwriting incoming applications in real time for life and health insurance, using customized Deep Learning architectures. Similarly, the Automated Claims Processing (ACP) manages claims efficiently, and the Claims Fraud Monitoring (CFM) helps identify and prevent fraud.
Resources related to AI for FSIs are also accessible, including blogs, research papers, and white papers on various topics like IP & copyright challenges, ML observability, and the hype around AI hardware.
Customers have reported positive experiences, such as improved security on FinTech platforms with reduced fraud vulnerability and automated data extraction processes that have eased operational workloads and enhanced the overall customer experience.
In conclusion, Arya.ai offers a comprehensive suite of AI tools and solutions that are highly beneficial for the financial services industry, enabling them to effectively utilize AI in their operations while maintaining responsibility and audibility.
