Categories: Agency News

Galytix Extends its Generative AI Data Platform to Automate Corporate Credit Lending for Global Banks

LONDON / INDIA February 12, 2024  — Galytix, the GenAI data technology company for financial institutions, announced the expansion of its next generation GX data platform, which is now being used by global banks to automate corporate credit lending and generate early warning signals.

 

Founded in 2015, Galytix developed a market-leading data operating system powered by generative AI that engineer and unifies the end-to-end data flow for financial institutions. Its proprietary GX Platform discovers, ingests, curates and ontologises structured and unstructured data using algorithmic, end-to-end pipelines and intelligent metadata.

 

GX’s Gen-AI models are trained on proprietary data for the financial services industry and address multiple use cases across banking and insurance. These trained models bring siloed, intercloud data into a single, usable ecosystem that generate early warning signals tailored to financial institutions.

 

In banking, the GX platform’s extensive automative functions and data analysis allow clients to streamline the lending journey for corporate banking clients, resulting in faster, more effective credit decisions. It also frees corporate banking teams to focus more on client service while providing them with usable and reliable data-driven credit insights.

 

Galytix clients include Societe Generale, which uses the GX platform to manage its data flow for corporate credit ratings and analysis globally. This includes everything from data ingestion to preparing client credit analysis.

 

“We fundamentally believe that relationship managers and credit analysts at banks should be supported by AI features that automate routine work and increase productivity. It’s like having an analyst on demand,” said Raj Abrol, CEO, Galytix. “The approach we have developed for global banks like Societe Generale represents a step change in how frontline teams use technology to improve credit decision-making and risk monitoring. We are proud to be expanding our work to transform the siloed data that exists across the banking industry into a connected data ecosystem that delivers a seamless experience for users and actionable business intelligence.”

 

About Galytix

 

Galytix is a market-leading provider of a GenAI platform dedicated to serving financial institutions. Its GX platform provides access to the latest insights, analytics and alerts by algorithmically engineering structured and unstructured data into a connected data ecosystem. The company was founded in 2015 and has over 100 data scientists and data engineers in key markets around the world who serve leading financial companies.

 

For more information, visit www.galytix.com 

 

Media Contact:

Swati Chauhan

Swati.Chauhan@ruderfinn.com 

+91 8505947705

Swati Mehta

swati.mehta@galytix.com 

+91 88608 66258 

Published by

Recent Posts

Jaguars fire coach after three seasons, will keep GM

Image Name: Jaguars fire coach Image Credit: WTNH.com The Jacksonville Jaguars announced their decision to…

16 hours ago

2025 Golden Globes: ‘Emilia Pérez,’ ‘The Brutalist’

Image Name: The Brutalist,' 'Emilia Perez' Image Credit: The Manila Times So what if the…

17 hours ago

Sarasota County’s new 17th Street Regional Park to open in 2026

Image Name: 17th Street Regional Park Image Credit: Sarasota County Sports Sarasota County residents and…

17 hours ago

How many days until Donald Trump’s inauguration? What to know

Cover Image Name: Trump inauguration Image Credit: NBC New York With the start of a…

17 hours ago

8 Tummy Control Fleece-Lined Leggings for Rich Mom Vibes

Image Name: Tummy Control Fleece-Lined Leggings Image Credit: MSN Cold weather means that fleece-lined tummy…

18 hours ago

Emilia Perez,’ ‘The Brutalist’ lead Golden Globe film nominations

Image Name: Emilia Perez,' 'The Brutalist' lead Golden Globe film nominations Image Credit: The Japan…

2 days ago