The Hackett Group Announces Strategic Acquisition of Leading Gen AI Development Firm LeewayHertz
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Fintech AI Consulting and Development Company

As the leading provider of AI consulting and development services for fintech, we transform fintech businesses through AI implementation. Our consulting services empower financial institutions to launch or elevate their AI capabilities by identifying high-impact areas for AI integration. Our development expertise turns fintech concepts into market-ready AI-driven products that boost operational efficiency and enhance customer experiences.

Fintech AI consulting and development company
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AI Experts

Software Products Delivered

AI Solutions

Total Years of Experience

Our Fintech AI Consulting and Development Services

AIML Strategy Consulting

AI/ML Strategy Consulting

Our seasoned consultants work closley with you to grasp your unique requirements, obstacles, and goals. We perform an in-depth analysis of your current processes and strategies to identify areas for enhancement and innovation. By harnessing industry knowledge and proven methodologies, we suggest the best technologies and approaches to improve your financial operations and provide a detailed implementation plan.

PoC and MVP Development

PoC and MVP Development

We improve your product concept by evaluating market demands, feasibility, and potential challenges. Our process involves creating a Proof of Concept (PoC) to validate the essential functionalities and fundamental assumptions. After validation, we move on to develop a Minimum Viable Product (MVP), which acts as a functional prototype for real-world use. Through iterative improvements based on user feedback, we refine your concept into a robust, market-ready AI solution.

Custom Fintech AI Solution Development

Custom Fintech AI Solution Development

Our fintech AI solutions are carefully designed to meet your unique business needs, transforming financial operations through optimization and innovation. From risk management to fraud detection, our enterprise-grade AI solutions enhance performance across the financial lifecycle. Our scalable solutions integrate seamlessly with your existing infrastructure, boosting operational efficiency and providing a competitive edge to your fintech business.

LLM Fine-tuning

LLM Fine-tuning

We specialize in fine-tuning Large Language Models (LLMs) for financial applications, enhancing their performance in areas like risk assessment, fraud detection, and investment strategy. By fine-tuning these models to your specific financial processes and datasets, we create AI solutions that understand industry-specific terminology, interpret complex financial data, and generate actionable insights. Our tailored approach ensures the LLMs effectively support your operational goals and decision-making processes.

Generative AI Development

Generative AI Development

We utilize advanced proprietary and open-source LLMs like GPT, Llama, PaLM, Gemini, Mistral, and Claude to create robust GenAI financial solutions tailored to your organizational environment. Our expertise includes developing intelligent virtual assistants for financial advisory, advanced portfolio optimization systems, predictive risk management systems and more. These solutions enhance operational efficiency, streamline decision-making, and drive innovation in your financial processes.

Fintech AI Solutions Integration

Fintech AI Solutions Integration

We excel in incorporating fintech AI solutions into your existing systems with minimal disruption. Our seamless integration process ensures continuous operations while upgrading your system’s capabilities with cutting-edge AI technologies. By collaborating closely with your team to understand your infrastructure and needs, we guarantee a smooth and hassle-free transition.

AI-Agent-Copilot-Development

AI Agent/Copilot Development

We build intelligent AI agents and co-pilots for fintech using leading tools such as AutoGen Studio, Copilot Studio, Vertex AI, and crewAI. Harnessing the capabilities of advanced LLMs like GPT-4o and Gemini alongside a robust skills library, our AI agents excel in automating financial workflows, analyzing financial data, and enhancing customer support. These agents are crafted to meet the specific operational demands of the financial sector, enhancing efficiency, decision-making, and innovation across your financial processes.
Data Engineering

Data Engineering

Our data engineering services cover the entire data lifecycle, including sourcing, cleansing, structuring, and enrichment. We specialize in data mining, analysis, annotation, and labeling, crucial for developing robust AI models. Leveraging advanced techniques and tools, we optimize your financial data for machine learning, facilitating precise and dependable model training processes.
Maintenance and Support

Maintenance and Support

We offer comprehensive support and maintenance services to ensure the ongoing stability, security, and performance of your manufacturing software. Our dedicated support team is available 24/7 to provide troubleshooting assistance, software and security updates, performance optimization, and proactive monitoring. We ensure your operations run smoothly and efficiently, addressing issues promptly and maintaining peak system performance.

Fintech AI Solutions We Build

Accounting Management Software

Accounting Management Software

We create AI-based accounting management solutions that effectively manage digital assets, cash deposits, liabilities, and other financial information with high-end security features. These intelligent solutions offer real-time insights, ensure compliance, and streamline processes for businesses of all sizes, transforming financial management.

Portfolio Management Solution

Portfolio Management Solution

Our portfolio management solutions use AI to optimize investment strategies. By providing accurate asset tracking, risk assessment, and return forecasting, investors can make data-driven decisions effortlessly. With customizable dashboards and advanced analytics, our solution enables users to stay ahead of market trends and rebalance portfolios efficiently.

Payment Software

Payment Software

We create secure, seamless, and advanced payment systems for businesses of all sizes. From mobile wallets to integrated payment gateways, our software ensures swift, hassle-free financial transactions while maintaining the highest security standards, boosting customer satisfaction and operational efficiency.

Wealth Management Software

Wealth Management Software

We build wealth management softwares using AI that offers comprehensive tools for tracking and managing assets. Our solutions include features like portfolio analysis, goal-based planning, risk assessment, and personalized investment recommendations. These intuitive interfaces enable wealth managers to deliver superior service and drive client success.

Intelligent Chatbots

Intelligent Chatbots

Our AI-powered chatbots automate tasks, answer queries 24/7, and provide personalized financial guidance. These intelligent AI systems utilize advanced NLP to deliver human-like interactions, offering personalized communication and financial advice. By streamlining operations and enhancing customer engagement, our solutions drive efficiency and satisfaction in financial services.

InsurTech Software Development

InsurTech Software Development

Our InsurTech solutions deliver agility, flexibility, and scalability to your operations, enhancing risk management and underwriting decisions. We offer AI-based data set processing for real-time analysis, sophisticated identity verification patterns to prevent fraud, seamless third-party service integrations for efficient operations, and advanced user claim processing tools to streamline and expedite claims management.

Credit Score & Analytics Software

Credit Score & Analytics Software

We engineer cutting-edge credit scoring and analytics platforms that enhance financial decision-making. Our solutions include AI-based scoring tools, multiple scorecard support, sophisticated scoring models, powerful analytics tools, and customizable dashboards, enabling accurate and efficient credit assessments. By integrating secure third-party data sources, our software delivers accurate and in-depth credit analysis across diverse financial sectors.

Regulatory Compliance Solutions

Regulatory Compliance Solutions

We develop comprehensive regulatory compliance solutions to help financial institutions navigate complex legal landscapes. Our solutions provide robust frameworks for reporting, Know Your Customer (KYC) procedures, Anti-Money Laundering (AML) checks, and risk management. By automating compliance processes, we help businesses reduce risks and maintain adherence to evolving regulatory requirements.

Investment Management Solutions

Investment Management Solutions

Our investment management solutions empower investors with cutting-edge features to optimize their strategies. Our solution features real-time performance tracking, advanced analytics, and AI-driven insights. With customizable reporting capabilities and insight generation, we enable investors to make data-informed decisions, identify opportunities, and maximize returns across diverse asset classes and market conditions.

What Differentiates the Fintech AI Solutions We Build?

Regulatory Compliance

Regulatory Compliance

Our Fintech AI solutions strictly adhere to relevant laws, regulations, guidelines, and specifications, ensuring that your business processes remain compliant at all times.

Impressive UIUX

Impressive UI/UX

Our AI solutions prioritize user-friendly design, featuring intuitive interfaces that simplify complex financial operations, optimize functionality, and enhance usability with effortless navigation.

Multiplatform Availability

Multiplatform Availability

Our AI solutions provide seamless cross-platform accessibility, adapting to diverse devices and operating systems, ensuring a consistent, responsive, and feature-rich experience.

Multiple Account Management

Multiple Account Management

Our fintech AI solutions streamline comprehensive account management, allowing efficient oversight of multiple accounts within a single, unified dashboard for full control and visibility of your financial operations.

Advanced Analytics

Advanced Analytics

Our solutions harness advanced data analytics, unlocking the potential of your financial data to provide actionable insights, identify trends, and facilitate data-driven decision-making.

Effortless Integration

Effortless Integration

Our AI solutions seamlessly integrate with your existing systems, enhancing operational capabilities. This cohesive integration enables efficient data sharing and streamlines processes, providing a unified and smooth workflow.

Why Partner With LeewayHertz for Fintech AI Development and Consulting?

Technical and Development Expertise

Technical and Development Expertise

We excel in developing customized finance AI solutions, leveraging machine learning, NLP, and other advanced technologies to tackle complex financial challenges. With deep technical expertise and a proven track record, we ensure your fintech solution is tailored precisely to your requirements, delivering significant and measurable results.

Extensive Industry Experience

Extensive Industry Experience

With years of dedicated service to fintech businesses, we boast a well-established track record of designing and deploying advanced AI solutions. Our portfolio includes projects spanning automated credit scoring, AI-powered loan evaluation systems and robust portfolio management solutions.

Timely Delivery

Timely Delivery

Recognizing the urgency in the fast-paced fintech industry, we are committed to meeting deadlines. Our efficient project management practices guarantee the on-time delivery of your AI solution, empowering you to maintain a competitive edge in the market.

Best Practices and Compliance

Best Practices and Compliance

We adhere strictly to industry security standards, ensuring solutions comply with all relevant regulations. Our focus on security, financial data safety, usability, and interoperability sets us apart in the fintech landscape.

Full-cycle Development

Full-cycle Development

We offer comprehensive fintech AI solution development services encompassing strategic discovery, customized UI/UX design, agile prototyping, rigorous testing, seamless deployment and integration, continuous support post-delivery, and scalability to provide innovative solutions.

Agile Approach

Agile Approach

Understanding the need for rapid deployment in fintech, our agile software development approach, combined with scalable team sizes and extensive project delivery experience, accelerates the launch of new products. This iterative process ensures continuous enhancement and value delivery to end-users, keeping you ahead in a competitive market.

LeewayHertz’s Comprehensive Fintech AI Consulting and Development Process

 

Initial Consultation and Needs Assessment

Initial Consultation and Needs Assessment

  • Understanding Your Goals: We examine your financial challenges and aspirations, identifying where AI can deliver the most impactful results.
  • Industry Expertise: Our experts guide you through leveraging AI effectively within your specific financial context, drawing on industry best practices and emerging trends.
  • Technical Assessment: Assess your current infrastructure, data availability, and technological capabilities to ensure a smooth integration of the AI solution.
  • Project Scope and Timeline: Define the project scope, deliverables, and a realistic timeline for each project phase.
  • Implementation Roadmap: Develop a detailed roadmap for implementing the AI solution, outlining the key milestones and timelines.
Solution Design

Solution Design

  • Developing Conceptual Framework: Outline the architecture, algorithms, and data requirements for the AI solution.
  • Mapping Data Sources: Identify current data sources and define the data flow needed for integration.
  • Pilot Plan Development: Design a pilot project to validate the feasibility of the AI solution before full-scale deployment.
  • Solution Architecture: Design the overall architecture of the AI solution, including data pipelines, model training, inference, and integration with existing systems.
  • Integration Strategy Design: Plan how the AI solution will interact with existing IT systems and databases.
Data Preparation and Integration

Data Preparation and Integration

  • Data Collection and Cleansing: Gather and clean data for accuracy and completeness.
  • Data Transformation: Prepare data for AI modeling through normalization, feature engineering, and augmentation.
  • Data Storage and Management: Establish robust infrastructure for efficient data storage and access.
  • Data Integration and Validation: Combine and validate data from various sources for consistency.
  • Data Security and Compliance: Implement security measures and comply with privacy regulations.
AI Solution Development

AI Solution Development

  • Application Architecture: Design a robust architecture that supports AI functionalities, ensuring scalability, performance, and integration capabilities with existing systems.
  • User Interface Design: Develop intuitive and interactive User Interfaces (UIs) that enhance User Experience (UX), focusing on usability and accessibility across different devices.
  • Model Implementation: Integrate selected AI model(s) seamlessly into the solution, optimizing them for efficiency, accuracy, and real-time processing as required by the application’s goals.
  • Scalable Architecture: Design and build a scalable AI solution to accommodate growing data volumes and evolving business needs.
Testing and Quality Assurance

Testing and Quality Assurance

  • Unit Testing: Conduct unit tests on individual components of the AI solution to ensure their correctness and reliability.
  • Integration Testing: Test the integration of different components of the solution to ensure seamless interaction and data flow.
  • Performance Testing: Evaluate the AI solution’s performance under different conditions to ensure it meets the required speed, accuracy, and resource consumption.
  • Security Testing: Assess the AI solution’s security vulnerabilities and implement appropriate measures to safeguard sensitive data and prevent unauthorized access.
  • User Acceptance Testing (UAT): Involve relevant stakeholders in UAT to validate the solution’s usability, functionality, and compliance with their requirements.
Deployment and Integration

Deployment, Integration and monitoring

  • Infrastructure Setup: Establish the necessary infrastructure for deploying the AI solution, including hardware and software configurations.
  • Deployment Process: Implement a smooth and efficient deployment process, ensuring minimal downtime and disruption to the finance operations.
  • Seamless Integration: Integrate the AI solution into your existing IT infrastructure and business processes, ensuring minimal disruption to your operations.
  • Performance Tracking and Analysis: Monitor the AI solution’s performance, analyze results, and identify areas for further improvement.
  • Model Retraining and Updates: Regularly retrain the AI model with new data to ensure accuracy and adapt to evolving business needs.
  • Continuous Improvement: Maintain an ongoing dialogue with you to gather feedback and implement necessary optimizations to ensure the AI solution consistently delivers the desired results.

Big Brands Trust Us

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Our Artificial Intelligence Portfolio

Generative AI Application

Generative AI Application

LLM-powered App for Compliance and Security Access

LeewayHertz has partnered with Scrut to engineer an LLM-powered app designed to streamline access to compliance benchmarks, frameworks, and audit-relevant data for Scrut’s clientele. Drawing on Scrut’s proprietary data, our team utilized advanced embedding and prompt engineering techniques to seamlessly incorporate an LLM, yielding rapid query responses and upgraded user experiences. This initiative has equipped Scrut’s clients with a robust tool, fostering informed decision-making and providing clear insight into industry benchmarks as well as Scrut’s risk monitoring and mitigation strategies and services.
Generative AI Application
Geospatial Data Analysis

Data Analysis

Geospatial Data Analysis

A US-based geospatial intelligence and analytics firm sought LeewayHertz’s expertise to tackle a complex dataset with limited identifiers, aiming to derive valuable insights, identify patterns, spot unusual movements, and ensure data security. Our solution involved deploying a sophisticated data analysis pipeline, encompassing timestamp conversion, geocoding for contextual enrichment, clustering for pattern recognition, correlation analysis, and anomaly detection. Beyond unveiling intricate location-based patterns, our approach prioritized robust data security, resulting in the delivery of actionable intelligence that precisely met our client’s objectives.

Computer Vision Solution

Anomaly Detection System

LeewayHertz developed a computer vision-based anomaly detection system for NSG Group, a global leader in glass and glazing. The solution was designed to make their glass manufacturing process more efficient by swiftly identifying glass beading anomalies in real time. It analyzes live video feeds to swiftly identify irregularities and trigger alerts, allowing operators to intervene promptly and prevent glass breakage. This minimizes material wastage, enhances operational efficiency, and ensures superior product quality. By harnessing real-time anomaly detection and strategic alert triggering, the system significantly cuts costs, fosters proactive maintenance and enhances product standards.
Geospatial Data Analysis

AI Models We Have Expertise In

Claude

Get Started Today

1. Contact Us

Fill out the contact form protected by NDA, book a calendar and schedule a Zoom Meeting with our experts.

2. Get a Consultation

Get on a call with our team to know the feasibility of your project idea.

3. Get a Cost Estimate

Based on the project requirements, we share a project proposal with budget and timeline estimates.

4. Project Kickoff

Once the project is signed, we bring together a team from a range of disciplines to kick start your project.

Start a conversation by filling the form

Once you let us know your requirement, our technical expert will schedule a call and discuss your idea in detail post sign of an NDA.

All information will be kept confidential.

FAQs

What is AI in finance, and how can it benefit my business?

AI in finance refers to applying artificial intelligence technologies like machine learning, natural language processing, and computer vision to financial processes and decision-making. It can benefit your business in numerous ways:

  • Automation of repetitive tasks, freeing up human resources for more complex work
  • Enhanced accuracy in financial forecasting and risk assessment
  • Improved customer experience through personalized services
  • Real-time fraud detection and prevention
  • More efficient investment strategies
  • Better compliance management and regulatory reporting

What are some common applications of AI in finance?

There are numerous applications of AI in finance, including:

  • Fraud detection: AI systems can analyze patterns to identify suspicious activities.
  • Credit scoring: Machine learning models can assess creditworthiness more accurately.
  • Personalized banking: AI can offer tailored financial advice and product recommendations.
  • Chatbots: AI-powered assistants can handle customer queries 24/7.
  • Risk management: AI can predict and mitigate various financial risks.
  • Regulatory compliance: AI can help ensure adherence to complex financial regulations.
  • Process automation: AI can streamline back-office operations and reduce errors.

How does LeewayHertz develop AI solutions for finance?

LeewayHertz develops AI solutions for finance through a comprehensive approach:

  • Needs assessment: We work closely with clients to understand their specific challenges.
  • Data analysis: We examine available data to determine the best AI approach.
  • Model training: We use robust datasets to train and refine our AI models.
  • Solution development: Our experts create custom algorithms tailored to the financial operations.
  • Integration: We ensure seamless integration with existing systems and workflows.
  • Testing and validation: Rigorous testing is conducted to ensure accuracy and reliability.
  • Deployment and monitoring: We implement the solution and provide ongoing support.

How can AI improve risk management in finance?

AI can significantly enhance risk management in finance through:

  • Pattern recognition: Identifying subtle risk indicators that might be missed by human analysts.
  • Holistic risk assessment: Integrating data from multiple sources for a comprehensive risk view.
  • Adaptive risk models: Continuously learning and updating risk models based on new data.

What is fintech AI agent development/fintech AI copilot development, and how can it help my business?

Fintech AI agent or copilot development involves creating intelligent virtual assistants for financial tasks:

  • These agents can automate customer support, handling queries about account balances, transactions, and product information.
  • They can provide personalized financial advice based on a customer’s financial history and goals.
  • They can assist in internal processes like data entry, report generation, and compliance checks.
  • They can perform complex calculations and data analysis tasks quickly and accurately.
  • Work 24/7, improving customer service and operational efficiency.
  • They can learn from interactions, continuously improving their performance over time.

What are the potential cost savings of implementing AI in finance?

Implementing AI in finance can lead to significant cost savings through:

  • Process automation: Reducing labor costs for repetitive tasks.
  • Error reduction: Minimizing costly mistakes in financial operations.
  • Improved decision-making: Optimizing investment strategies and risk management.
  • Fraud prevention: Reducing losses from fraudulent activities.
  • Enhanced customer service: Reducing the need for large customer service teams.
  • Regulatory compliance: Avoiding fines and penalties through better compliance management.

How does LeewayHertz ensure the security and compliance of its AI solutions for finance?

LeewayHertz prioritizes security and compliance through:

  • Robust encryption: Implementing advanced encryption for data protection.
  • Regular security audits: Conducting thorough checks to identify and address vulnerabilities.
  • Compliance monitoring: Staying up-to-date with financial regulations and adjusting solutions accordingly.
  • Secure development practices: Following secure coding guidelines and best practices.
  • Access control: Implementing strict authentication and authorization mechanisms.
  • Data anonymization: Protecting sensitive information through data masking and anonymization techniques
  • Regular updates: Keeping all systems and software up-to-date with the latest security patches.

How long does it typically take to develop and implement a custom fintech AI solution?

The development and implementation timeline for a custom fintech AI solution typically depends on the project’s size, scope, and complexity, as well as the specific requirements and goals. Additional factors such as the availability of data, the need for regulatory compliance, integration with existing systems, and ongoing collaboration with stakeholders also play significant roles in determining the overall timeline.

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