Abacus

Our CEO, David Edward, took the stage to present Abacus, the enterprise-ready AI platform designed for regulated industries. Abacus is transforming how banks, credit unions, and other organizations manage and access knowledge. Combining secure on-prem LLMs, real-time indexing, and automated insights to deliver trusted answers at speed and scale. Finovate is where the future of financial technology is showcased, and it was an excellent opportunity to share how Abacus is shaping that future. #Finovate #AbacusOS #AI #KnowledgeManagement #GenerativeAI #RegTech

Compliance isn't a brake - it's the launchpad When I look at the current AI conversation, I would argue that too much of it is about fear — fear of compliance risk, fear of getting audited, fear of reputational damage. And yes, those risks are real. But they can also be the very thing that separates leaders from laggards. Moody’s new survey found a big jump in AI adoption for risk & compliance functions. The organizations that will win aren’t the ones waiting for perfect clarity. They’re the ones building data governance, risk controls, and monitoring into their workflows now — so when the next regulatory change comes, they’re already ahead. I’ve seen it firsthand - companies that invest in compliance and governance early actually get to market faster with AI solutions because their risk teams trust the process. The question is no longer “should we adopt AI?” It’s “how do we adopt AI in a way that regulators, customers, and boards can trust?” #AI #Strategy #Compliance #Governance Abacus

Congratulations to all the demoers in our second session 👏 We saw some amazing fintech from AirKey from Capital One, Debbie, Quavo Fraud & Disputes, OPLinnovate, Winnow, Abacus, TurmaFinTech and Elephant! Check out more from them in the expo hall and remember to vote for your Best of Show winners! #Finovate #Fintech

Two overwhelmingly key areas where banks are struggling to scale AI: 1. Data Quality 2. Risk Management 89% of banks cite data quality as a top obstacle when modernizing infrastructure. Without clean, reliable data, models are less trustworthy and audits become a nightmare. It also highlights that 93% of industry leaders are concerned about data privacy and risk, which means even promising AI initiatives can stall before they get to production. And despite heavy investment, many banks admit they have yet to see meaningful revenue growth from AI because these barriers slow their ability to move beyond pilots. This is exactly where Abacus comes in. By helping organizations get their data house in order, put governance and explainability in place, and embed security and compliance into the AI lifecycle, we make it possible to move quickly and confidently. If you’re leading AI efforts in a regulated environment, these numbers are a reminder: the biggest blockers aren’t ambition or technology — they’re trust, controls, and readiness. The good news is they can be solved. https://lnkd.in/gNePJQ3W