Using AI-powered Process Automation in Trade Finance
At the dawn of fourth Industrial Revolution, we are witnessing a fast and widespread adoption of Artificial Intelligence (AI) in our daily life, which contributes to accelerating the shift towards a more algorithmic society.
In recent years, Intelligent Process Automation (IPA) which brings together robotic process automation (RPA) with machine learning has become more and more popular in finance domain. The vast amount/kinds of unstructured data is why organizations need IPA technology. As an AI-driven technology company, 6Estates has spent many years' effort on researching and applying Nature Language Processing (NLP) technology to solve real-world problems. In this talk, the speaker will introduce recent AI research outcomes collaborated with universities and research centers, and show how to apply such technology to atomise letter of credits compliance in trade finance.