Our Finance & innovation LAB, from research to client implementation.
With a strong focus on the digital and innovative ecosystem, AUREXIA FINLAB has been designed to bring value to clients through a Business Innovation strategy. Our programs are designed such that banks are at their best when we bring them comparative advantages combined with our latest digital and innovative offering. We provide you with the latest Use Cases, RPA/EPA knowledge, skills, digital culture, design approach and events to bring you closer to the digital world. Check out our FINLAB capabilities below!
For one of our major CIB client in Hong Kong, Aurexia was assigned the task to select 10 processes (out 400) to automate in priority.
Chatbot Development - AI Technology
Aurexia created an intelligent matching engine which helped with the matching of investors’ strategies and debt insurances. Through a NLP technology based chatbot, Investors and Issuers profiles are being completed through interactive sessions.
Robots Conception and Implementation
Aurexia has produced many functionable RPA robots for different clients by leveraging on the partnership of RPA vendors (Blueprism, Automation Anywhere, UIPath…).
Creation of an Innovation Centre - Compliance Focused
Aurexia took on a project from a major CIB bank to build up an innovation center from ground zero. The Innovation Center focuses on incubating and nurturing digital initiatives specifically for their compliance function.
Ai Powered Fintech – NLP and Machine Learning implementation
Aurexia was assigned to develop with a Fintech a Credit Risk cockpit to help analysts determine whether the Credit scoring of counterparties is subject to potential adjustment with regard to the external data collected.
01 . Fintech Ecosystem
Watch – Collaborate – Incubate
A comprehensive Fintechs database grouped by technology, region and business applications
Close collaboration with 12 Fintechs
Investments in start-ups
Fintech Awards organization
Hotline requests for clients
02 . Use Cases, Studies and Credentials
Identify – Study – Prove
Identification of over 100 use cases on business lines within the financial services
Approach based on AUREXIA assignements and benchmarks
Allocation of UC with Fintech solutions
Hotline requests for clients
Benchmarks, surveys, studies
03 . Vendors
Partner – Train – Play
Training programmes with our partners
Benchmarks based on technical and functional capabilities
AUREXIA as a business partner for major vendors
04 . Center of Excellence
Test – Build – Show
Centralize all demos (Robots, Chatbots, Videos, apps, tactical tools, MVP...)
Physical and Virtual demo capacities
Build applications on Sentiment analysis, Blockchain, DataViz, etc.
05 . Skills
Identify – Source – Train
Centralization of digital skills amongst AUREXIA consultants
Identification of new Digital skills: data scientists/engineers, UX/UI consultants, ML engineers...
Train our staff : Design Thinking, Agile methodologies, Data and programmation...
06 . Digital Culture & Tools
Live – Work – Use digital @aurexia
Implement one App each month in our daily processes
App for action plan
App for multiplex video workgroups
App for contacts management
App for continuous feedback to consultants
App to dynamite meetings management and staff interaction
Coach our consultants and Bring value to our clients
08 . Events
Identify – Challenge – Get together
Organize events with Fintechs and Clients to enhance mutual knowledge on Digital ecosystem and Use cases
Digital Game Singapore 2019
Ai Awards Paris 2018 and Ai Bootcamp series
Workfusion Hackaton 2018
Insurtech awards, Paris 2017
Fintech awards, London 2016
Aurexia Finlab News
6 months ago
Best Execution took center stage with the implementation of MiFID II, with most banks implementing new controls ensure regulatory compliance.
Regulators in APAC are now focusing on this topic and a larger range of FI’s must now be aware and ready to comply. Aurexia has experience in helping major European banks build robust Best Execution policies and procedures – click on the link to find out more on how to enhance your best execution framework: https://lnkd.in/desHzh3
Over the past few years, regulators have been increasingly specific and strict on electronic and high frequency trading regulations. Setting up a fully compliant electronic trading control framework has proven to be a real challenge for banks, not only because of technical complexity but also of the numerous principles and regulations that must be taken into account.
What is the compliance level of your current electronic trading control framework and how can we help you review and adapt it?
The IFRS 17 accounting & reporting standard was launched in May 2017 after almost 20 years of development. It provides new accounting principles for the insurance industry and aims at ironing out inconsistencies of the past between main market players. Most importantly, IFRS 17 will drastically change the way insurers determine liabilities and provisions for insurance contracts and calculate their resulting income statement.
What are the IFRS 17 challenges that you will have to face?