AI and Finance: Konvex Redefining the Game

AI AND FINANCE (1)

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2024 is being proclaimed as the year of artificial intelligence, and current trends predict a significant impact on all sectors, including finance. At an event held in San Francisco in November, discussions revolved around the surprises this field would bring in 2024.

Sam Altman, CEO of OpenAI, mentioned that online chatbots, such as OpenAI’s ChatGPT, would have an «unexpected breakthrough.» This statement was supported by James Manyika, an executive at Google.

The artificial intelligence sector this year will be defined by an extraordinarily rapid improvement in technology, enabling AI to generate new types of media, mimic human reasoning in new ways, and permeate the physical world through a new type of robots.

In the coming months, AI-based image generators will instantly offer videos and still images, gradually merging with chatbots like ChatGPT. This integration will allow chatbots to handle photos, videos, diagrams, graphs, and other media, coming closer and closer to human reasoning and performing more complex tasks.

Konvex, as a unified API platform, plays a crucial role in this transformation We consult financial information from various sources and through the use of artificial intelligence, we enable companies to make more informed and efficient decisions. From risk management to product personalization for clients, Konvex is redefining how business is done in the financial sector.

Our platform facilitates processes such as underwriting by consulting information from ERPs, accounting software, e-commerce, and state entities like DIAN in Colombia. Additionally, we offer billing reconciliation services, which help simplify and streamline our clients’ financial processes.

In collaboration with important companies in the sector such as Finaktiva, Payments Way, and Milio, Konvex is proving to be an invaluable tool for optimizing processes, improving efficiency, and offering more personalized services.

As we venture into the era of artificial intelligence, Konvex positions itself as an undisputed leader in transforming the financial sector in Colombia.

Join us on this exciting journey towards the future of finance!

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