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Ottawa’s MindBridge Uses Artificial Intelligence to Discover Risk in Finance

June 8, 2022 by Knowlton Thomas Leave a Comment

MindBridge recently announced its latest global release.

The product update is focused on improving transparency, speed, and scale for financial professionals.

“Having the ability to quickly identify risk within financial data sets is providing greater opportunities for businesses to make better decisions and react in a more accurate and agile manner,” said Robin Grosset, CTO of MindBridge.

The cloud-first AI financial risk discovery and anomaly detection software startup says that new financial data workflow capabilities show how this release will make integrating MindBridge into an organization’s approach easier.

“MindBridge helps ensure that organizations conduct their financial transactions in an ethical and transparent manner by surfacing potential financial irregularities and thereby reducing risk,” said Grosset.

The Ottawa-based company is delivering three new financial algorithm analytics tests, further flexibility with new configurable risk scores, and improving its user experience and leading data anomaly and risk detection capabilities, according to a statement from MindBridge.

Grosset called it “another strong release introducing several significant product enhancements within our platform to help organizations continue to benefit from MindBridge and our next-gen capabilities.”

Melissa Chan, Director of Customer Success for MindBridge, agrees.

“With people, process, and data transformation at the helm of every business, this latest release helps MindBridge further extend our commitment to our customers with transparent and scalable financial analytics,” she said.

Filed Under: News Tagged With: MindBridge

 
 

About Knowlton Thomas

Knowlton Thomas is Editor-in-Chief of The Midway Advance and Senior Writer for Fintech.ca. Over more than a decade of journalism, he has penned thousands of articles and dozens of essays on technology, health, and culture across a variety of publications.

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