Challenges we solve
Large volumes of heterogeneous information are hard to ingest, store, and process. We enable our customers to gather only relevant data to drive informed decision making.
Altoros helps customers to ensure security and compliance with a range of industry standards, such as the General Data Protection Regulation, the Fundamental Review of the Trading Book, Rivest-Shamir-Adleman, etc., by developing big data management tools that protect business-critical information and immediately detect suspicious activities.
With artificial intelligence (AI) and big data, your organization can facilitate risk management and improve reporting to make data-driven decisions. Being able to assess possibilities with more precision gives companies a broader range of feasible strategies to pursue.
Traditional financial institutions still rely on legacy software for most of their operations. Thus, using outdated technologies while gathering, storing, and analyzing large amounts of data may put your entire platform at risk. Altoros helps you to migrate the existing system to a modern technology stack or develop a brand-new solution to meet your requirements, providing ongoing support and maintenance.
Services we deliver
Benefits we bring
Big data management solutions enable organizations to identify and correct irrelevant or false information in real time ensuring that only high-quality data is used for decision-making, risk assessment, and other business processes.
By analyzing big data, FinTech firms can generate detailed user-profiles and develop segmentation strategies to meet their specific needs. For example, a firm may group customers based on monthly spendings, age, gender, location, and other criteria to offer relevant products and services.
A more secure environment
Artificial intelligence allows FinTech companies to develop anti-fraud systems that detect suspicious transactions. Businesses can also use digital apps to communicate seamlessly with customers, alerting them of security threats.
Better risk assessment
With our services, FinTech firms can manage cash flow with a higher degree of certainty and offer customers more competitive rates.
Chatbots are used to provide customer support and initiate tasks on a human behalf: complete payments, manage transactions, assist in detecting fraud, etc.