Banqora is an AI-powered platform designed to revolutionize post-trade operations within financial institutions. By automating data-intensive workflows and modernizing outdated tools, Banqora enables organizations to scale operations efficiently, reduce costs, and achieve real-time operational effectiveness.
Key Features and Functionality:
- Agentic Workflow: The AI agent monitors inboxes, categorizes incoming requests by type and priority, and routes them to the appropriate workflows automatically, reducing manual triage by 80% and processing times to under 30 seconds.
- Trade Analysis: Incoming trades are checked against eligibility rules, pricing benchmarks, and counterparty limits, with flagged issues surfaced before commitment, resulting in 60% faster pre-trade checks and zero compliance breaches.
- Execution & Settlement: Once approved, trades execute and settle on the same day, with the agent handling confirmations, reconciliation, and counterparty communication, leading to a 70% reduction in fails and four times faster reconciliation.
- Reporting: Provides real-time analytics on trading activity, collateral positions, and cost savings, with the ability to export to existing systems or share with stakeholders, ensuring 100% audit compliance and 85% faster report generation.
Primary Value and Problem Solved:
Banqora addresses the inefficiencies in post-trade processing by automating and streamlining operations, thereby reducing manual intervention, minimizing errors, and enhancing compliance. This transformation allows financial institutions to focus on strategic decision-making and value-added activities, ultimately improving productivity and reducing operational costs.
