Aylien takes top prize at financial services innovation awards

Aylien, a provider of artificial intelligence-powered risk intelligence and financial analytics solutions, has been named as the overall winner of the second annual Deloitte Financial Services Innovation awards.

Founded in Dublin in 2012 by Parsa Ghaffari, the company offers natural language processing and text analysis tools that can be used to summarise, categorise and extract meaning from large amounts of unstructured data.

Its platform uses AI to aggregate and understand thousands of sources of information such as news, regulatory updates, company filings, and internal data sources, to provide early signals of critical risk events that could affect an organisation.

In addition to being named the overall winner at the awards, Aylien was the winner of the most disruptive fintech category. The company, whose clients include Moody’s, Wells Fargo, Microsoft, Aon and Revolut, has raised €7 million to date from backers Finch Capital, the Atlantic Bridge University Fund, Sean O’Sullivan’s SOSV and Enterprise Ireland.

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Source: Aylien takes top prize at financial services innovation awards