Artificial Intelligence Fintech News

Bitvore Announces General Availability of its AI-Powered Cellenus Platform on Microsoft Azure

Bitvore Announces General Availability of its AI-Powered Cellenus Platform on Microsoft Azure

The Bitvore Cellenus® AI-powered platform will now support its financial institution client base on Azure

Bitvore, a leading provider of AI-powered intelligence for financial institutions, announced that it has completed a re-platforming initiative to support its financial institution clients on Microsoft Azure.

Read More: GlobalFintechSeries Interview with Ashish Singhal, CEO and Co-Founder at CRUXPay

“The team from Microsoft provided expert assistance to our migration team, allowing us to seamlessly transition our core platform to Microsoft Azure,” said Alan Chaney, Chief Technology Officer, Bitvore. “We’re very pleased with how Azure supports our development and deployment methodologies, and we’re looking forward to future development efforts with Microsoft to access applicable Azure solutions to enhance Bitvore Cellenus.”

Bitvore Cellenus is an AI-powered platform that delivers leading indicators of business performance for companies, industries and markets. Bitvore Cellenus ingests massive amounts of unstructured data (including news, press releases, SEC filings/proxy statements, earnings call transcripts and more) and uses advanced Natural Language Processing (NLP) and machine learning to provide data sets that include material business events, trended sentiment, growth and risk scoring, as well as comparative/ predictive analytics to drive better business outcomes. Consumable through file downloads, a comprehensive API and research user interfaces, Bitvore Cellenus, provides customers with the “crystal ball” needed to help identify emerging risk and opportunity.

Read More: Simple Announces Launch of Tax Refund Feature to Automate Savings for Customers

“Many financial institutions are looking to use unstructured data to gain valuable insights,” said Paul Maher, GM, Industry Experiences at Microsoft Corp. “By adopting Microsoft Azure, Bitvore will be able to innovate more quickly and help its clients accelerate their access to its AI-powered data sets.”

Bitvore and Microsoft are also collaborating to make Bitvore’s data sets available in enhanced analytics and decisioning tools including Microsoft Power BI and Dynamics 365 Customer Insights via Microsoft AppSource. More information on these developments will be forthcoming in 2020.

Read More: M Financial Group Licenses FAST Software to Enable New Digital Ecosystem for Member Firms

Related posts

Fiserv Tops IDC FinTech Rankings of Financial Technology Providers

Fintech News Desk

Neo Financial Announces $185 Million Series C Raise at a Unicorn Valuation

Pico Acquires Redline Trading Solutions

Fintech News Desk
1