In their blog post Handwriting OCR Vendor Analysis, Cano AI compared SS&C Vidado’s AI-powered Optical Character Recognition (OCR) software against other top providers in the space. Cano AI, a consulting group focused on discovering and sharing the most cutting-edge automation solutions, filled out a generic medical document containing a variety of short-form and long-form handwritten responses like the ones processed by healthcare and insurance companies. They then submitted this document to all three services and manually analyzed the accuracy rates.
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A crisis might not seem like the time to evaluate your operations, but now is perhaps when opportunities to improve are most visible. Some of these potential areas in need of improvement are reporting, risk assessment, remote access, ability to scale up or down quickly, domain expertise and immediate access to information.
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SS&C was recently interviewed for the Insurance Asset Management, Europe 2020 report by Clear Path Analysis. The report examines the effects of uncertainty and volatility on various asset classes, and the opportunities created.
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In a recent 2019 8x8 report by Adox Research on Portfolio Management & Accounting Solutions, SS&C Singularity™ achieved the status of "differentiated," the highest status awarded, in the categories of Usability, Functionality, Deployment, Service and Vision.
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We recently wrote a piece for Insurance Investor highlighting artificial intelligence and how new innovations can revolutionize middle and back-office operations for insurers.
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Digital transformation is more than a few one-off enhancements for a business—it’s an evolution through constant change and business realignment. Businesses that introduce technologies like artificial intelligence and process automation will enjoy a competitive edge in keeping up with trends.
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In today’s environment of razor-thin and ever-shrinking margins, investment firms face increasing pressure to optimize their middle and back-office operations. One of the keys to achieving this optimization lies in the use of innovative new technologies such as AI and Machine Learning.
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With advances in Artificial intelligence (AI), insurance companies can now identify and understand behavior patterns and model risk with unprecedented levels of accuracy and efficiency.
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