Banking & Finance Solution

Anti-Money Laundering (AML)

Allerin's Anti-Money Laundering (AML) solution puts the latest technological advancements at your fingertips. Our innovative AI and machine learning applications are designed to help banking executives stay one step ahead of financial crime, analyzing any shift in accounts or irregular withdrawals/deposits that could be indicative of money laundering activities. With our powerful algorithms performing real-time analysis, you can preemptively identify suspicious activity before it happens - keeping criminal funds off the streets and out of reach!

Allerin's AML solution ensures your institution’s compliance with the latest regulations, such as FATF, OFAC, AMLD3, FinCEN, BSA, MAS, AUSTRAC, fortifying it against money laundering and other financial crimes. Automation guarantees a fast and efficient process that helps you save time and resources – plus avoiding costly compliance failures! Your actions help to create a secure global finance system - now that really moves us forward!

Benefits: Lower fraud risk, early warning system for suspicious activity, conforms to the global standards for AML.

Authentication Optimization

Allerin's Authentication Optimization solution is a cutting-edge technology that utilizes AI and machine learning to help banking executives improve the authorization rates of their credit card transactions. Our solution reverse engineers the analytical processes used by issuing banks to approve transactions, and uses this information to optimize the authentication process and increase the chances of successful authorization.

Our cutting-edge solution harnesses the power of AI to provide customer protection and intelligence in real time. By taking into account customer behavior, transaction history and other pertinent data points, our algorithm can help boost approval rates while streamlining fraud detection. Our technology integration provides a seamless experience with systems such as CRM, fraud prevention &customer service – enabling increased revenue opportunities for businesses with satisfied customers!

Allerin provides an authorization optimization solution that meets the highest regulatory standards. Our screening and analysis features can help you improve your rate of approvals, resulting in higher conversion rates for smoother transactions. Trust us to take care of all your authentication needs!

Benefits: Boosts authorization rates while streamlining fraud detection, Overall Successful Authorization Rate

Chatbots (Customer Service)

Allerin's Chatbot solution for customer service is a cutting-edge technology that utilizes AI and machine learning to help banking executives improve their customer service. Our solution is designed to handle a narrow set of common customer inquiries such as pricing, stock availability, and order status, offloading a significant volume of work from human agents. This allows your customer service team to focus on more complex and higher value-added interactions with customers, such as addressing complaints and providing personalized support.

Allerin's banking focussed chatbot harnesses the power of Artificial Intelligence to provide a highly personalised customer experience. Enhancing customers' access to services 24/7, our solution provides accurate answers promptly and offers greater convenience than ever before - reducing response time while also improving customer satisfaction levels. Furthermore, Allerin’s AI-driven interface simplifies processes for operators too by streamlining call volumes across your contact center; ensuring that both you and your clients benefit from an excellent service experience every single time.

Rely on Allerin's Chatbot solution to provide your customers with the best possible service experience. Our robust system surpasses all regulatory standards and is equipped with cutting-edge screening technologies for data privacy and security, ensuring compliance while boosting customer satisfaction - so you can focus on what matters most: giving loyal users an exceptional banking journey.

Benefits: A reduction in time spent on the mundane tasks of project management, empowering your customers with the right information at just the right time, Deliver accurate answers promptly and offers greater convenience.

Consumer Transaction Fraud Detection

Allerin's Consumer Transaction Fraud Detection solution is an industry-leading technology, utilizing AI and machine learning to help banks protect against fraud. Our innovative platform can detect a broad spectrum of fraudulent activities in real time – from unauthorized transactions to account takeovers and synthetic identity theft– by leveraging anomaly detection techniques that identify unusual activity patterns within customer accounts.

Allerin's fraud detection solution combines AI-driven solutions and integrations with core banking systems to detect fraudulent activity quickly and accurately. Our technology is compliant up-to the latest regulations, reducing false positives while ensuring customers remain secure from financial losses. With Allerin at your side, you can trust that all transactions are scrutinized carefully - giving both bank and customer peace of mind that their finances will be protected.

Benefits: Provides you with a comprehensive, real-time risk assessment solution that keeps your customers, data, and reputation safe.

Contract Analysis and Optimization

Allerin's Contract Analysis and Optimization solution is a cutting-edge technology that utilizes AI and machine learning to help banking executives streamline their contract management processes. Our solution uses machine learning to analyze commercial credit agreements, extracting important data points and clauses to help identify key terms and conditions, and assess the risk associated with each contract.

Our innovative solution can help banking executives streamline the process of contract analysis, cutting out time and resources normally used for manual review. With our sophisticated system in place, all essential details like expiration dates and renewal terms are consolidated into one easily accessible platform which also interacts with other systems such as CRM for real-time data provision to customers. Our technology is designed to sharpen customer insight, empowering them to make informed decisions on financial matters while managing their credit risk at every turn - maximizing efficiency across the board!

Benefits: Reduce credit risk and manage commercial accounts, Enhance customer insight, Facilitate accurate decision making.

Credit Scoring

Allerin's Credit Scoring solution is a cutting-edge technology that utilizes AI and machine learning to help banking executives assess the creditworthiness of SME loan applicants. Our solution uses machine learning to analyze a wide range of data sources, including financial statements, credit reports, and other nontraditional data such as social media and online presence to predict the potential risk and likelihood of loan default.

Our solution can help banking executives to make more accurate and efficient credit risk assessments for SME loan applicants, and make better-informed lending decisions. It can also be integrated with other systems such as the bank's core banking system and customer relationship management system, to provide real-time information and personalized service to customers.

Unlock the power of accurate and transparent risk assessments with Allerin's Credit Scoring solution. We will help you make informed lending decisions, enabling your SME customers to secure funding more efficiently and grow their businesses faster. Plus, all transactions are thoroughly screened according to industry standards for maximum compliance assurance!

Benefits: Better, Smarter decisions means that you or your Business are highly profiting from higher volumes of loan applications.

Customer Churn Prediction/Prevention

Allerin's Customer Churn Prediction and Prevention solution utilizes advanced AI and machine learning techniques to help banking executives predict and prevent customer churn. Our solution uses machine learning models to analyze customer profiles, behavior, and transaction data to predict the likelihood of a customer leaving the bank.

Our solution can help banking executives to identify at-risk customers early, and intervene with targeted retention strategies before they leave. It can also be integrated with other systems such as the bank's core banking system, customer relationship management system and marketing automation system, to provide real-time information and personalized service to customers. With Allerin's Customer Churn Prediction solution, customers can enjoy a tailored experience that addresses their individual needs. This helps foster strong relationships with the bank and ensures they continue to receive quality service over time.

Allerin's Customer Churn Prediction and Prevention solution is designed to meet the rigorous standards set by regulatory bodies and we ensure that all transactions are screened and analyzed in accordance with the latest regulations. Trust us to help you predict and prevent customer churn and improve the overall customer experience.

Benefits: Personalization, reduced churn, accurate predictions

Customer Lifetime Value (CLV) Estimation

Allerin's Customer Lifetime Value (CLV) Estimation solution utilizes advanced AI and machine learning techniques to help banking executives predict and optimize the long-term value of their customers. Our cutting-edge technology uses machine learning methods to analyze customer behavior, transaction data, and other relevant information to predict the net present value of a customer's future cash streams.

With the use of this technology, banking executives can make more informed strategic decisions, such as identifying which customers to target for upselling and cross-selling and which customers may be at risk of churn. It can also be integrated with other systems, such as the bank's core banking system, customer relationship management system, and marketing automation system, to provide real-time information and personalized service to customers.

Allerin's CLV Estimation technology not only helps customers identify their individual needs but ensures that banks can provide the best services through a long-term relationship. We bring security and reliability to every transaction – gauged by industry standards – so you can maximize your customer lifetime value in ways never before thought possible. Make sure all of your interactions are secure; trust Allerin with optimizing quality assurance for optimal offerings!

Benefits: Banks to make more informed strategic decisions, Improved marketing decision-making

Customer Segmentation/Personalization

At Allerin, we understand that modernizing core banking systems can be a daunting task for financial institutions. However, in today's digital age, it is crucial for banks to stay ahead of the curve in order to effectively compete and serve their customers. Our AI-driven solutions are specifically designed to help banking leaders navigate this complex process and make the most of emerging technologies.

Allerin provides could be to highlight the specific challenges that our "Customer Segmentation/Personalization" solution addresses within the broader banking industry. For example, you could mention how it helps banks to understand better and retain their customers, increase marketing efficiency, and stay competitive in an ever-evolving digital landscape. Additionally, you could also provide real-world examples or case studies of how our solution has helped other banking organizations to achieve success in these areas.

Today's banking industry is a fiercely competitive landscape, and our Customer Segmentation/Personalization solution can be the edge your bank needs. Our comprehensive approach to understanding your customers gives you invaluable insight that drives data-backed decisions to help retain and attract new clients. By leveraging this cutting-edge technology, you'll have the knowledge needed to stay ahead of competition - transforming an essential into a game changer for long term success.

Allerin puts your banking goals first. We take the time to dig deep and uncover what you need – both today and in the future -- so that our tailored solutions offer maximum impact on operations, efficiency, profits, or whatever success looks like for you. Banks everywhere can trust Allerin to be their guide - making sure they're always headed down a path toward growth and prosperity!

Enhanced Due Diligence

As a leading provider of AI-driven solutions for the banking industry, Allerin understands the importance of thorough and effective due diligence in today's fast-paced business environment. That's why we've developed our "Enhanced Due Diligence" solution to help banks stay ahead of the curve in terms of risk management.

Our solution uses advanced rule-based systems and partial machine learning to screen for high-risk customers as part of "know your customer" processes. This helps banks to identify potential fraud or money laundering risks early on, so they can take appropriate action to mitigate those risks. Additionally, our solution helps banks to stay compliant with regulations and avoid costly fines or penalties.

At Allerin, we understand that every bank is unique and has specific challenges. That's why we work closely with our clients to fully understand their needs and tailor our solutions to fit their specific requirements. Our goal is to help you streamline your operations, increase efficiency, and ultimately improve the bottom line. With Allerin, you can be confident that you are making informed decisions and taking a proactive approach to risk management.

Intelligent Receivables Reconciliation

As a banking executive, you know how vital precise financial operations are for success. Our Intelligent Receivables Reconciliation solution optimizes cash application processes by leveraging AI capabilities – leading to improved accuracy in matching incoming payments.

By leveraging state-of-the art data aggregation and cleansing, accounts receivable matching technologies can give you a competitive edge in managing customer payments. Our solution ensures that incoming funds are quickly attached to the right accounts without any manual errors or discrepancies. This not only optimizes your financial operations but also cuts cost with significantly fewer time spent on cleaning up issues caused by incorrect matches!

Our Intelligent Receivables Reconciliation solution enables you to take control of your cash flow and maximize the efficiency of your financial operations. With this powerful tool, experience peace-of-mind knowing that all transactions are correctly processed with precision accuracy!

Our talented team is committed to ensuring that Allerin provides the perfect fit for your financial needs. You can trust our expertise in helping you make the most informed decision - giving you assurance of a smart choice for success!

IT Root Cause Analysis (RCA)

IT Root Cause Analysis (RCA) is a crucial aspect of maintaining the stability and reliability of a bank's IT systems. Our solution uses advanced machine learning techniques to quickly and accurately determine the source of an error, often achieved through anomaly detection and event correlation. This not only helps to prevent large-scale outages, but also significantly improves the quality of service and reduces the mean time to restore after an outage event.

Our IT RCA solution provides banks with the assurance that their technology systems are running optimally and any problems will swiftly be identified and rectified. Not only does this ensure future preventative maintenance, but it can also lead to cost-efficiency gains meanwhile enhancing customer satisfaction levels - a win/win for financial institutions!

Allerin provides banks personalized solutions to ensure that their IT systems are secure and running smoothly. Our dedicated team works with clients directly, making sure they get the most out of our advanced technology. With Allerin as your partner, you can trust in expertise for a worry-free experience!

Mortgage Default Prediction

Mortgage default is a major concern for banks. Financial institutions need to carefully evaluate the risk involved when extending loans to customers. As mortgage delinquencies can result in significant financial loss for the bank, many lenders are turning to AI-powered solutions to predict the likelihood of default. Our "Mortgage Default Prediction" solution is one such AI-driven tool that helps banks identify at-risk loans and take proactive steps to prevent defaults.

Our "Mortgage Default Prediction" solution uses advanced machine learning models to predict the likelihood and severity of a mortgage default based on local property and neighborhood mortgage trends. By analyzing large datasets and historical trends, our solution can identify patterns and factors that contribute to defaults and generate insights for lenders to take action before it's too late. This predictive analytics tool also enables banks to tailor their loss mitigation strategies and take proactive measures to reduce the risk of mortgage defaults.

Our sophisticated machine learning algorithms can unlock invaluable insights by analyzing various datasets containing property prices, loan-to-value ratios, and borrower credit profiles. In addition to this data, our solution taps into external sources such as macroeconomic indicators and housing market trends, allowing lenders to identify patterns in mortgage defaults before they occur. Leveraging the power of predictive analytics helps banks mitigate risks for their loan portfolios, thus preserving financial stability.

Next Best Action

With Next Best Action, you can leverage the power of AI and machine learning to craft a truly unique customer experience. Our advanced algorithms synthesize data from past transactions, behavior patterns, and demographics for each customer - giving you unprecedented insight into what products or services will best suit their needs. With this information in hand, delight your customers by offering them highly-relevant recommendations tailored specifically to them: boosting satisfaction levels and retention rates!

Our Next Best Action solution uses sophisticated algorithms to analyze customer data and identify the most relevant actions. The system integrates with your existing banking systems, allowing it to access customer data in real time. Using this data, our algorithms can generate personalized recommendations for each customer, such as offers for new credit cards, personal loans, or other financial products. By providing customers with personalized and relevant recommendations, you can increase the chances of acceptance and drive more revenue for your bank. Overall, our Next Best Action solution provides a powerful way to deliver a personalized and engaging customer experience while increasing the bottom line for your bank.

Portfolio Credit Risk Optimization

Allerin's AI-driven Portfolio Credit Risk Optimization solution offers a proactive way to lessen or even eliminate the potential for unexpected losses when it comes to managing credit risk in your portfolio. With our advanced technology, you can confidently take control of risks posed by fluctuating financial markets and feel rest assured that you have done what is necessary to protect yourself against any unwanted surprises!

Our cutting-edge machine learning technology enables your portfolio to be assessed for risk exposures in a comprehensive manner. This streamlined process takes into account the intricate correlations between assets and captures these risks with loss distributions and value-at-risk metrics for informed decision making on credit exposure management. Experience unsurpassed clarity of potential risks through our innovative solution now!

As the financial world continues to evolve at breakneck speed, staying ahead of the curve is essential. Allerin’s Portfolio Credit Risk Optimization solution can give you a competitive edge and help you make data-driven decisions that reduce portfolio risk while increasing your bottom-line performance. With Allerin on board, there's no worry about missing out – gain confidence in knowing that your investments are working for maximum success!

Pricing and Promotion Analytics

Pricing and Promotion Analytics is a powerful feature that helps banks and financial institutions make informed decisions about their pricing and promotional strategies. By analyzing past performance and simulating future scenarios, this solution provides a comprehensive view of how pricing and promotional strategies can impact customer behavior and overall profitability.

At its core, Pricing, and Promotion Analytics uses advanced data analytics and machine learning techniques to analyze historical data and build predictive models to help identify customer behavior patterns and trends. By leveraging this information, the solution can simulate different pricing and promotional scenarios to help banks and financial institutions make informed decisions about their pricing and promotional strategies. This can include everything from base pricing decisions to more targeted promotional campaigns, assisting institutions in optimizing their customer acquisition, retention, and overall profitability.

The solution uses historical data to evaluate customer preferences, enabling banks and financial institutions to make strategic decisions that improve profitability. Predictive models provide insights into price sensitivity and product habits while simulated pricing scenarios help anticipate the impact of promotions on customers' behavior. Through comprehensive analysis, this system ensures organizations can take advantage of cost-saving strategies without compromising success in their markets.

Revenue Forecasting

Are you looking to take your bank into the digital age? At Allerin, we specialize in providing modernization programs that help banks unlock cutting-edge technologies like artificial intelligence, machine learning, and big data analytics. Our team of experts has the up-to-date knowledge of banking technology and trends needed to provide tailor-made solutions that fit your bank's specific needs.

Our Revenue Forecasting feature utilizes the latest in AI and big data analytics to predict cash flows based on a variety of datasets, such as customer behavior, asset price movements, and liabilities. This powerful tool can help you make informed decisions that drive long-term growth and success.

This feature uses advanced algorithms and machine learning models to analyze your bank's unique data and provide accurate revenue forecasts. This helps you identify potential risks and opportunities, optimize your pricing and promotional strategies, and maximize your revenue potential. With Allerin's Revenue Forecasting, you can stay ahead of the competition and make informed decisions tailored to your bank's specific needs.