How Eigen help banks and capital markets firms

Market risks, competition and regulations are ever-present threats for banks and buy-side firms. Make the best use of information and insights to get ahead of threats.

Banks and capital markets firms use the Eigen® platform to collate and manage comprehensive, accurate and up-to-date data to power decision-making, risk management, compliance and operations. Front, middle and back-office teams all benefit from instant access to better quality data.

Delivering results for banks and capital markets firms

Key Metrics

50^X

Capacity increase in back office operations

25^%+

Improvement in accuracy and quality of data

100^%

Volume of documents auto-analyzed by the platform

Example use cases in banks & capital markets

Banks and capital markets firms use Eigen® to build custom-made models that automate the processing of loan documentation and the compilation of comprehensive and up-to-date loan data to drive operational efficiencies, enhanced risk management and opportunity generation. Eigen can automate document and data processes from loan onboarding through to ongoing monitoring and securitization.

Banks and capital markets firms use Eigen® to automate the extraction of information required for multiple regulatory compliance exercises (for example Dodd-Frank, LIBOR, EMIR, GDPR, Basel IV) and reporting tasks in an explainable, scalable and highly efficient way. This includes a solution specifically designed to process and gather data from ISDA documents.

Banks and capital markets firms use Eigen® to automate the extraction of information from multiple different document sets and populate that data into downstream systems to save time, money and human effort as well as reduce errors across various functional areas.

What our banks and capital markets customers say

“From the outset, we were impressed by the capabilities of the Eigen platform and its ability to rapidly and accurately extract and compile the data we needed for QFC reporting. We’ve also come to appreciate the professionalism, dedication and expertise of the Eigen team.

Thanks to the flexibility of the platform, we are now able to use it for the document analysis steps of our LIBOR transition effort, accelerating the project timescales drastically. We’re exceptionally pleased by the service we’re getting from Eigen.”

Managing Director - Legal Division - Goldman Sachs

“Eigen offers a strategic capability in the intelligent operations domain, deployed in use cases across retail as well as wholesale banking. We’ll continue to work together on implementing use cases through data and process analysis to accelerate ING’s digital transformation and create tangible value for our customers and employees.”

Chief Innovation Officer - ING Bank