Banks

Achieve growth, manage risk, optimise costs and increase efficiency with minimal business disruption and complete flexibility

BlackSwan’s specialised banking applications enable banks to achieve their goals and sustain a competitive edge. Our applications utilise the power of our flagship product ELEMENT™. We make data more accessible by weaving a Data Fabric across the organisation that points to all of the data sources regardless of where they are or what format the data is in — bypassing data silos.

This enables information to be collated with data quality intact and governance built in, so that you can avoid regulatory fines, ensure business continuity, and encourage collaboration. Our market-leading Composite AI technologies and award-winning Knowledge Graph capabilities provide the rich, contextual insights that help you make the best decisions. Ultimately, BlackSwan enables data and digital transformation, helping banks achieve growth, better manage risk, lower costs and increase efficiency.  

Why BlackSwan?

• • Advanced Market Intelligence 

    Personalise your customer journey by building comprehensive customer profiles, obtaining an individualised understanding of customer preferences, and deriving rich insights that help tailor financial offerings.

• • Robust Risk Management

    Enable rapid decisions on credit and loans by dynamically monitoring the direct and indirect risk implications of entities and their connections while analysing the impact associated with major life events.

• • Sophisticated Financial Crime Compliance

    Implement end-to-end CLM/KYC/AML processing with world-class name matching and entity resolution, while reducing compliance OPEX by ~65%, alerts by ~55%, and compliance CAPEX by ~45%.

Success Stories

• • A top 30 international bank leverages our ELEMENT of Market Data application to gain a single point of visibility into data consumption across their enterprise while enforcing strict access controls. Learn More

• • A leading British bank utilised ELEMENT to mitigate a regulatory change impacting hundreds of thousands of documents, by utilising AI to automate and expedite the review process. Learn More

• • A world-leading bank surpassed corporate customer acquisition targets, improved new customer average profitability, and exposed previously unknown qualified leads by utilising ELEMENT to monetise information from internal and external sources.  Learn More

• • A world-leading bank leveraged ELEMENT’s Knowledge Graph to modernise its risk modelling infrastructure and lifecycle management through advanced AI modelling, IP asset cataloguing and workflow, and enterprise-wide data integration and cross-functional use. Learn More

• • A Tier 1 international bank is utilising ELEMENT to more efficiently extract entity information from internal and external documents, and improve its adaptability to evolving business needs and regulatory changes.  Learn More