LTIMindtree Data & AI Money in Motion - 6 Weeks PoC

An AI/ML driven Azure data monetization solution for banking institutions. The solution allows banks of all sizes to tap into the immense value inherent in their payment transactions data and unlock new data monetization opportunities. The solution also helps banks in growing customer base, facilitates cross-selling opportunities, and deepens product penetration.

Accelerate your data monetization journey through a 6-week consulting and POC engagement. During the engagement, our team will build Azure-native robust and secured platform with services like Azure Machine Learning, Azure Synapse and Azure Databricks etc. The solution will leverage your data to build features like payment intent classifications, payout transaction categorization, entity resolution, RFM pattern analysis and recommendation engine to demonstrate improved speed-to-insights, swift and well-informed decision-making thereby positioning your businesses for sustainable success in today's dynamic market landscape.

Key business challenges include:

• Meeting evolving customer expectations • Managing the massive influx of data generated from digital transactions • Increasing cost of funds due to the fund leakage outside the bank’s network • Losing revenue to fintech innovators • Deteriorating asset quality and rising cost pressures affecting banks’ profitability • Inefficient and redundant processes hampering operational efficiency To navigate through these challenges and find new sources of revenue and profitability, banks need to unlock the untapped potential within data and turn it into a strategic asset.

LTIMindtree’s Money in Motion is a next generation cloud-agnostic business solution powered by cutting edge AI/ML technologies, Augmented analytics, Generative AI, & Conversational AI. The solution presents an opportunity for banks of all asset sizes to tap into the immense business value inherent in payment transactions data and unlock new data monetization opportunities. Some of the key solves/features include:

• Accessibility to Low-cost and Sustainable Funds. • Data-driven insights & hyper-personalized recommendations. • AI powered intelligent automation to revolutionize business operations. • A decision intelligence platform to harness industry trends / macro-economic parameters for better decision-making.

Key Benefits

• Revenue Uplift by an increased asset book size, expanding customer base, and deeper product penetration. • Maximized Profitability with lower cost of funds and improved asset quality. • Improved customer experience through hyper-personalization and tailored product offerings • Reduced risk by harnessing macroeconomic indicators, enabling banks to proactively manage their portfolios and make informed lending decisions.