Kodex AI has joined the NayaOne Tech Marketplace. With a proprietary LLM developed for the financial industry, the enterprise-built generative AI platform helps financial institutions reclaim valuable time, simplify processes, and elevate client interactions.
We are thrilled to announce our partnership with NayaOne, a move that represents a significant milestone for Kodex AI. By having our generative AI products featured on NayaOne's marketplace, we are not only expanding our reach but also providing banks and financial institutions with unparalleled access to cutting-edge AI solutions. This collaboration is a testament to our commitment to innovation and our belief in the transformative power of AI in the financial sector. We are excited to see how our products will empower organisations to drive efficiency, enhance customer experiences, and navigate the complexities of today's financial landscape. Together with NayaOne, we are setting a new standard for AI in finance.
Thomas Kaiser
CEO and Co-Founder, Kodex AI
We’re excited to welcome Kodex AI to the NayaOne Tech Marketplace. Kodex AI promises to help banks harness the transformative power of Generative AI, saving costs and resources, improving user experience and satisfaction, and streamlining internal operations, while remaining compliant in a highly regulated industry.
Varun Resh
Marketplace Manager, NayaOne
Financial institutions go to great lengths to recruit the world’s top talent. Yet, many of these highly intelligent financial professionals are slowed down by routine operational tasks. In fact, research shows as much as 75% of a finance professional’s time is spent on manual tasks.
Kodex AI aims to minimise this time. It takes care of the busy work and enables client-facing financial professionals to complete analyses in minutes rather than days. With it, they can find information, analyse data and/or draft reports instantly to free up time for higher-value pursuits: prioritise client connections.
The key benefits and features that Kodex AI’s clients can enjoy are:
- Delivering Client Responses Faster: Kodex AI finds and analyses thousands of documents to generate responses to complex financial questions.
- Reducing the Time Needed to Complete RFPs, Reports, Surveys, DDQs, and KYC Checks: The platform facilitates high-quality responses to highly customised questionnaires.
- Staying Compliant and Preventing Conflicts: Kodex AI helps FIs remain up to date with the ever-changing regulatory requirements while maintaining ethical decision-making without having to sift through various documents.
- Reducing and Automating Manual Work: With Kodex AI, users can redirect focus towards more impactful work such as portfolio growth, client retention, and new client wins while Kodex AI takes care of rote tedious tasks.
- Creating Compliant Reports in Minutes: Kodex AI automates data gathering and compliance checks, ensuring that suitability reports meet regulatory standards. This modern approach not only enhances efficiency but also guarantees accuracy and precision.
- Personalised Investment Recommendations: Kodex AI utilises machine learning to analyse extensive financial data and provide personalised investment recommendations aligned with clients' unique objectives and preferences.
- Boosting Efficiency to Increase Profitability: With Kodex AI, banks and financial institutions can easily attract and onboard new clients. Automated processes for DDQs and KYC checks simplify client acquisition, freeing up valuable time to cultivate relationships and deliver bespoke services, ensuring client retention and long-term profitability.
Kodex AI Helps a Global German Bank Achieve Significant Time Savings on Back-Office Tasks with Higher Service Quality
Kodex AI partnered with one of Germany’s largest banks to achieve:
- 90% time savings for report drafts
- 25% faster client replies
- 40% higher quality output for clients
The collaboration between Kodex AI and NayaOne will further foster innovation in the financial sector and advance financial technologies. By being listed on the NayaOne Tech Marketplace, Kodex AI will be able to strategically position their generative AI technologies to be more accessible to a wide array of financial institutions.
Kodex AI is working closely with NayaOne to ensure that their AI solutions can be customised to meet the specific needs of NayaOne’s diverse client base. This bespoke approach ensures that every financial institution, regardless of size or scope, can leverage AI to its fullest potential, enhancing accuracy, efficiency, and customer satisfaction. In addition, FIs will be able to leverage NayaOne’s Sandbox-as-a-Service platform to build proofs-of-concept, thus determining whether Kodex AI is a good choice for their organisation.
By collaborating with NayaOne, Kodex AI expects to significantly expand its market reach. NayaOne’s established presence and credibility in the financial sector provides it with a unique opportunity to showcase its AI solutions to a global audience. This expansion is not just geographical but also sectoral, allowing Kodex AI to penetrate deeper into niche markets within the finance industry.
Kodex AI is an AI assistant for the financial industry. The platform empowers users to complete analyses in minutes, enabling swift access to information, instant data analysis, and automated report drafting. Kodex’ purpose-built Language Model (LLM) is designed with factual intelligence in mind. With secure AI guardrails, Kodex AI prioritises data security and compliance, ensuring that users have a reliable ally to navigate the future of financial services.
