AI Agents
Unified Technology Transforms KYC during M&A
AI Agents – Unified Technology Transforms KYC during M&A To understand how your financial institution can streamline and more effectively manage and mitigate KYC risk during M&A, it’s important to understand the all-in-one nature of WorkFusion AI Agents. These pre-packaged, pre-taught KYC experts integrate all the modern technologies that perform end-to-end KYC. Moreover, an AI Agent can be deployed much faster, making it a timely addition for M&A activity.
Once deployed, they dramatically reduce the time needed to prepare for operational consolidation of the KYC process. Pre-trained AI Agents use IDEP that includes NLP, knowledge-based AI and ML-based AI to retrieve, digitize and classify relevant documents, then extract data from them. They also integrate into an FI’s existing technology ecosystem by utilizing bespoke connectors to the systems involved in KYC.
Human-in-the-loop capabilities and the latest ML technology enable the efficient handling of exceptions while the AI Agents continuously learn and improve with every new document type and nuance they encounter. This happens automatically – without the need for coding or data scientists. Through their modern and integrated technologies, AI Agents reduce errors by 90% and manual work by up to 80%.
