so artificial intelligence, EZOPS can maximize data reliability, integrity, and control. This machine learning and intelligent process automation platform is one of the notable innovations. CEO Bikram Singh shares with us more insights into the platform in this interview with TechBullion.
Tell us a little more about yourself.
My name is Bikram Singh. Ezops..
I have built and managed investment services and technology solutions for banks, hedge funds, asset managers, fund managers and custodians.
Experience in the financial industry gives us direct insight into the issues that plague our data management teams. As a result, my mission was to develop an end-to-end platform that addresses the challenges facing teams throughout the data lifecycle. Through EZOPS, you can achieve your goal of providing financial institutions with solutions that increase operational efficiency and provide high-quality data.
What is your background / experience in the industry?
Prior to founding EZOPS, he spent over 20 years managing financial services operations and technology at McKinsey & Company, Lehman Brothers, Lava Trading, Goldman Sachs and Citi.
What is Ezops?
EZOPS is AI-enabled software that harnesses the power of machine learning and intelligent process automation to revolutionize data control and drive transformative efficiency gains at some of the world’s largest financial services institutions.
What made you think of EZOPS?
Through years of experience in financial services, I have found that with co-founders Sarva Srinivasan and Dutt Chintalapati, I can develop and implement automated workflows that solve many of the challenges clients face every day. We combine our industry experience with our knowledge of machine learning and automation to develop EZOP, eliminating the long-standing redundancy and inefficiencies that have plagued the industry for decades today. We help large financial institutions transform their data management practices.
Which industries will benefit from EZOPS?
EZOPS is a leader in cutting-edge innovation in the financial services sector, including global banks, regional banks, custodians, asset service providers, asset management, operations outsourcers, fintech and corporate treasury.
Our solutions help you transform your business operations and cover key areas such as operations, finance, governance, regulation, compliance and auditing to enhance the quality and control of your post-trade operations.
What are the main problems that EZOPS solves?
EZOPS provides the comprehensive capabilities that large and complex businesses need to manage the four pillars of operational data management (coordination, investigation, remediation, and reporting). All of this is enhanced by machine learning and smart workflow management.
EZOPS intelligently automates repeatable actions, checks for errors, and provides insights that users tend to miss. The goal is to streamline some of the processes that software can perform.
Can you elaborate on how EZOPS uses machine learning and AI to streamline data control?
The EZOPS platform combines machine learning with smart workflow management capabilities for comprehensive end-to-end automation.
Integrating enterprise-wide siled data and processes for integrated exception management, EZOPS ARO enhances transparency and communication through alerts, notifications, messages, and email.
Facilitates modification of source systems to sources of OMS, PMS, accounting systems, and reference data, corporate actions, and market data.
What industry trends have caused financial institutions to need to automate their data management processes? Has the global pandemic played a role?
Since the financial crisis, the situation in the institutional financial sector as a whole has changed. This is further accelerated by the promotion of global pandemics and digital transformation.
The financial intermediary business has entered the post-Internet era, and in the next 10 years, the business model of the institution will begin to rigorously examine the relationship between the collection of businesses owned by large financial institutions and each business. Will collapse. Models and strategies.
Digitization, breakthroughs, reorganizations, and reorganizations offer opportunities for different players. Many are unregulated, tech-savvy, and much more agile than past schemes.
Can you comment on the increasing data complexity, volume and regulation that the financial industry is currently facing? How does EZOPS provide a solution?
With increasing attention to regulatory reporting and compliance, trading volumes increased during the pandemic. At the same time, markets and businesses are becoming more fragmented.
This will increase the operational and technical infrastructure built primarily to support pre-crisis business complexity, and volume and regulatory reports will be costly to maintain and below expected business value. Has been proven.
How do clients integrate EZOPS into their current operating system?
EZOPS can be easily integrated into the client’s current operating system via cloud or on-premises installation. Depending on the complexity of the ecosystem and technology stack, the client will be up and running in a few days. Amazon Web Services (AWS) users can access EZOPS ARO features from the Amazon Marketplace in hours. EZOPS Multi-partner and channel integration allows clients to seamlessly and smoothly switch between new features.
Do you have an industry partner?
Yes, we have a strategic partner ecosystem of technology providers, consulting organizations and financial software companies. Our partners complement our software solutions and support our customers around the world. Solution partners include: BNY Mellon, Risk focus, Orchestration, And Access to FinTechTechnology partners include Snowflake, Oracle, and AWS..
Where can readers get more information about EZOPS?
https://techbullion.com/machine-learning-and-intelligent-process-automation-interview-with-bikram-singh-co-founder-and-ceo-of-ezops/ Machine learning and intelligent process automation. Interview with EZOPS co-founder and CEO Bikram Singh