Nephelai’s AI integrates into Caceis’ middle office offer
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Nephelai’s AI integrates into Caceis’ middle office offer 01 October 2024France Reporter: Jack McRae
Image: stock.adobe.com/Sergey Nivens
Caceis has integrated Nephelai’s machine learning solution that facilitates middle office trade management.
The solution aims to streamline client transaction processing, from capture, verification, enrichment and confirmation, to settlement monitoring and penalty management.
The solution scans each transaction to detect anomalies and fills in missing information or corrects instruction from clients.
Sandrine Legrand, Caceis’ group head of middle office, states: “Caceis’ Trade Management service handles over 30,000 monthly transactions, and leveraging the predictive software introduced by Nephelai’s solution, we can improve efficiency while enhancing client satisfaction and staff performance.”
Éléonore de Vial, Nephelai CEO, adds: “By integrating our SaaS solution in its operational processing chain, Caceis once again demonstrates its desire to take full advantage of fintech innovation.”
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Image: stock.adobe.com/Sergey Nivens 