Arya.ai: The AI Cloud for Banks, Insurers, and Financial Services
Introduction
Arya.ai is revolutionizing the way Banks, Insurers, and Financial Services (BFSI) institutions leverage AI. By offering a responsible 'AI' cloud, Arya.ai facilitates the rapid deployment and scaling of AI-enabled applications, ensuring they are safe, responsible, and auditable. This comprehensive approach to AI adoption helps institutions navigate the complexities of integrating AI into their operations.
Key Features
Arya AI APIs
Arya.ai's Curated APIs are designed to be easy to adopt, bringing together the power of AI, Research, and Applicability. These APIs serve over 550,000 requests per day with processing times of less than 0.54 seconds, making them highly efficient and reliable.
Trending Apps
Arya.ai offers a range of AI Models that are trained on task-specific datasets, ready for plug-and-use. These models cover various applications such as Passive Face Liveness Detection, Fraud Mitigation, Virtual Verification, and more, addressing critical needs in the BFSI sector.
AryaXAI: ML Observability Platform
For enterprises seeking comprehensive ML Observability, AryaXAI provides tools to explain, monitor, audit, and manage AI usage risks. Features include AI Explainability, Policy Controls, ML Monitoring, and ML Audit, ensuring that AI solutions are transparent and accountable.
Use Cases
Autonomous Underwriting Module (AUM)
AUM uses customized Deep Learning architectures to automate underwriting decisions, providing explainable and auditable AI that can replace traditional rules engines. This module is particularly beneficial for Life and Health Insurance sectors.
Automated Claims Processing (ACP)
ACP leverages Deep Learning to automate or augment claims processing, managing claims efficiently, controlling leakage/abuse, and delivering faster turnaround times. It is customizable to fit specific customer data and uses AryaXAI for superior explainability.
Claims Fraud Monitoring
This feature identifies, prevents, and controls fraud and abuse in Life and Health Insurance, optimizing loss ratios and improving profitability. It uses AryaXAI to provide detailed explainability and supporting evidence for investigation teams.
Conclusion
Arya.ai is a pioneer in providing AI solutions tailored for the BFSI sector. With its robust suite of products and services, Arya.ai empowers institutions to deploy AI responsibly, ensuring safety, accountability, and efficiency in their operations. Whether through its efficient APIs, specialized AI models, or comprehensive ML Observability platform, Arya.ai is setting new standards in the AI landscape for financial institutions.
