Finmechanics and MathLabs to provide advanced AI to corporate banks to improve processes and conduct risk in capital markets.

4 February 2020

London, Singapore, 29th January, 2020

Finmechanics Pte. Ltd. (Finmechanics) and Math Labs Research Ltd. (MathLabs) have announced a technology partnership to provide corporate banks with enhanced client experience, as well as automated detection of trade errors in Capital Markets, using advanced AI.

"Finmechanics is executing projects providing corporate banks with digital tools to trade and negotiate a broad variety of financial instruments. We bring cutting edge AI algorithms to banks, to help direct their clients to the products they need, and prioritise those clients accordingly”, says Anindya Sarkar, CEO of Finmechanics.

“Partnering with a fast growing fintech such as Finmechanics is a key accelerator in our journey to provide the financial industry with AI-Optimal strategies.” says Prodipto Ghosh, Chief AI Scientist at MathLabs. “Finmechanics products are ideal carriers of our algorithms into banks’ architecture; they also allow for rapid development of a portfolio of intelligent tools”, he adds.

The partners will also provide machine learning tools to help banks analyse conduct risks at very high speed through automated detection of trade anomalies. “MathLabs will add unparalleled intelligence capabilities to FM Converge, our award-winning treasury and risk system”, Sarkar says.


About Finmechanics
Headquartered in Singapore with offices in 6 countries, Finmechanics provides banks with high precision and transparency in valuations, risk management and regulatory compliance, as well as end-to-end digitized trade workflows. The Finmechanics Microservices inspired approach help firms to simplify and transform their organisation, defining new standards of efficiency and be truly Cloud ready.

To learn more about Finmechanics technology, integration and advisory services, please visit https://www.finmechanics.com.

About MathLabs
A UK based Enterprise Artificial Intelligence research lab founded by McKinsey alumni, MathLabs focusses on helping accelerate an organization's journey towards becoming 'AI-Optimal' - starting with significantly enhancing its abilities in leveraging AI & machine intelligence to outperform traditional competition.

The firm builds upon its rapidly expanding research team of exceptional PhD mathematicians & physicists, to use a unique multi-disciplinary approach to solving Enterprise-AI problems.

To learn more about MathLabs' team and research, please visit https://www.mathlabs.co.uk

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