Arteria recognized in 2023 Gartner® “Cool Vendors™ in Applying Generative AI to Banking” report
NEW YORK / LONDON, TORONTO (November 14, 2023) — Arteria AI today announced that it has been recognized by Gartner as one of three identified companies in its recently released “Cool Vendors in Applying Generative AI to Banking” report. Issued by Gartner Analysts Jasleen Kaur Sindhu, Agustín Rubini and Moutusi Sau, the report looks at advancements in generative AI that are providing new opportunities for banks to increase revenue, improve efficiencies and costs and better manage risk.
Built by industry experts, data scientists and technologists, Arteria AI’s award-winning platform has been deployed at some of the world’s top-ranked financial institutions across the globe, enabling them to drive speed and efficiency in their core business processes by helping to automate and manage their unstructured data. Arteria’s multi-modal models are tailored specifically to financial services, and the platform acts as a last-mile delivery mechanism integrating AI into critical business processes.
Along with its insights and key findings, according to the report banking CIOs should review these cool vendors to explore how GenAI solutions and foundation models can help them propel their business impact.
“We are thrilled to be named as one of three ‘Cool Vendors in generative AI’ by Gartner,” said Shelby Austin, Co-founder and CEO of Arteria AI. “The market is demanding solutions that generate tangible business value. We believe Gartner’s recognition is strong validation that integrating specific, focused AI into critical business processes is of foremost importance in financial services.”
Gartner, Cool Vendors in Applying Generative AI to Banking, 4 October 2023. GARTNER and COOL VENDORS are registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Arteria AI
Powered by data, Arteria AI is trusted by the world’s largest banks to transform client document processes at enterprise scale – working smarter and faster to maximize revenue and save time and cost. Arteria AI's client documentation solution removes the need for legacy manual processes by structuring data during the documentation lifecycle to speed up decision-making processes for all stakeholders with a highly intuitive front-end.
Built by subject matter experts, data scientists and technologists, Arteria AI was recently recognized by CB Insights in the AI 100 rankings, as a 2023 Finovate Awards Winner, and by Gartner as one of three identified companies in its recently released “Cool Vendors in Applying Generative AI to Banking” report. The company’s solution unleashes the power of data to help global, regulated financial institutions solve client document complexity at scale. Adopting an innovative data-first approach, our AI-powered enterprise-ready solution takes the friction out of the paper trail.