Hexaware’s Gen AI solutions for Financial services

Hexaware offers an advanced portfolio of Generative AI solutions specifically designed to drive digital transformation in Wealth and Asset Management. These solutions empower organizations to achieve intelligent automation, enhance operational efficiency, and deliver secure, scalable AI-powered experiences. By focusing on personalized client engagement, regulatory compliance, and streamlined operations, Hexaware's solutions help firms stay competitive and provide exceptional value to their clients.

Solution Portfolio Overview
Corporate Finance and Legal GPT
Hexaware’s Corporate Finance and Legal GPT is an AI-powered platform that will reimagine the due diligence process in an acquisition or stake purchase etc. This solution significantly reduces the error rates associated with manual processing of complex documents such as Customer Contracts, Master Service Agreements and Merger &Acquisition Proposals, thereby ensuring smoother operations and compliance. It also provides automated financial statement analysis, tax-exposure screening, and compliance-tracking capabilities with automated risk score calculation for each contract basis customizable parameters. With capabilities such as real-time data insights, efficient clause summarization, and discrepancy detection, the solution enhances decision-making speed by up to 50% and reduces missed deadlines and associated penalties by 40-50%. Additionally, it processes large data sets 5-10 times faster than manual methods, allowing organizations to streamline their workflows and maintain tighter deadlines.

Tensai Agentverse for Financial Services –Investment Reporting
Hexaware's Tensai Agentverse for Financial Services –Investment Reporting Solution tackles key challenges encountered by financial services organizations, including Data accuracy for reduced risk of financial losses, Regulatory compliance to safeguard organization from legal penalties, and Operational inefficiencies to streamline operations and lower costs. By utilizing a robust enterprise data model, ensuring high data quality, and implementing comprehensive data catalogs and governance practices, this AI-driven platform delivers exceptional results. It combines master data management, advanced visualization capabilities, and streamlined DataOps/MLOps processes to provide insights with speed, precision, and clarity. This empowers investors and financial professionals to make well-informed decisions regarding investment strategies, portfolio management, risk assessment, regulatory compliance, and overall financial performance optimization. Achieve a 40% reduction in operational costs and enjoy up to a 70% improvement in customer experience through tailored reporting solutions.

Analytics for Wealth Management
Hexaware's Analytics for Wealth Management resolves data overload, fragmented systems, and slow insights by consolidating client, account, and portfolio information into a unified AI-powered platform. It boosts adviser productivity and client outcomes through real-time, personalized investment strategies and rapid market-response capabilities. The solution streamlines operations, reduces compliance risk, and scales with business growth, serving as a strategic asset for wealth and financial firms. Practical benefits include automated data ingestion and validation that lowers operational costs and cuts manual processing by up to 80%, automated reporting and analytics with up to 90% accuracy, and goal-aligned reports that enhance client engagement over 70%.

Business Benefits

• Empower organizations to scale confidently and adapt to market changes with AI-driven solutions.
• Automate complex processes, reducing manual efforts by up to 80% and accelerating decision-making.
• Ensure compliance and data accuracy through robust governance and secure AI-powered platforms.
• Streamline operations and reduced operational costs by up to 40% with advanced analytics.
• Deliver personalized insights and tailored experiences to enhance client satisfaction and loyalty.

Outcome: Tailored Proof of Concept (PoC) based on user requirements, with scope for full-scale solution implementation. The engagement also offers consultative guidance for use case discovery, prioritization, and roadmap planning,

Key Azure Services:
Azure OpenAI, Azure Cosmos DB, Azure AI Search, & Azure AI Document Intelligence

*Price depends on the scope and the solution being implemented