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Fortia Financial Solutions company logo
SOFTWARE (NON-INTERNET/MOBILE) | Compliance
fortia.fr

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Corporate Minority | Alive

About Fortia Financial Solutions

Fortia Financial Solutions is a software company that uses artificial intelligence, machine learning, and business process monitoring to help the fund industry meet rising compliance requirements and manage mounting volumes of data. Fortia's Innova platform helps asset managers and asset owners ensure they have the right controls in place to monitor the compliance of their funds with local and international regulatory requirements.

Fortia Financial Solutions Headquarter Location

17 avenue George V

Paris, 75008,

France

+33 (0)1 80 96 41 66

Latest Fortia Financial Solutions News

Fortia Revolutionizes Data Management With Data Avangarde®

Apr 9, 2019

News provided by Share this article PARIS, April 9, 2019 /PRNewswire/ -- Fortia Financial Solutions, a specialist in Artificial Intelligence applied to the banking, finance and insurance sectors, announces the launching of Data Avangarde®, its master data management solution based upon artificial intelligence, in September 2019. Fortia's second product, Data Avangarde® completes the rule detection and ration calculation offered by Fortia's first solution, Innova. Data management for value creation The significant increase in data volumes, 800% by 2025 as estimated by Gartner, poses a major challenge to companies in terms of both data quality and governance. As a result, data analysts spend more than half of their time searching, repairing, enriching and transforming data instead of analyzing it. The Data Avangarde® solution aims to redefine this balance to allow to devote 90% of their activity to data analysis. Offering an end to end business solution, Data Avangarde® enables its users to automate and secure the entire data production chain, from unstructured sources, and repository management, neither with any computer code line nor assistance. The operational processes can be fully modelled, thus ensuring a follow-up and traceability of all operations. These advantages also allow user companies to drastically reduce the costs of managing repositories while benefiting from greater control over data quality. With Data Avangarde®, Fortia aims to achieve a significant improvement in data quality, to achieve a reliability rate of more than 99% and a reduction of more than 90% in data processing and repository costs. The result of an elaborate R&D process Data Avangarde® is the result of an R&D process carried out over several years by the Data Scientists of Fortia's AI Research Laboratory, and more specifically in Natural Language Processing, Computer Vision and Deep Learning. The Data Avangarde® solution is based on new proprietary algorithms that are about to revolutionize Master Data Management practices. In particular, they increase the machine's ability to understand and interpret the business language and to learn in real time from the user experience. Data Avangarde® algorithms allow, for example, to extract target data from all raw and unstructured media, thus providing reliable and free information to the repositories. A powerful and customizable platform The plateform consists of three "layers". The first one offers the features for data integration, process and distribution. Data Avangarde® is able to extract data, whether it is structured – coming from Excel, csv, database..., or unstructured – from Word documents, emails... The algorithms also operate a data curation thanks to an automatic process of anomaly detection... The next step allows the enrichment, the transformation, the qualification and then the 100% validation of the data before it is transmitted to the customer, and provides business users with the assurance to get accurate data in the right format. Finally, Data Avangarde® stands out for its UI and UX. Designed to be accessible to all users, the platform allows them to configure reporting, dashboards and analytics tools. The user can make these choices independently or rely on the proposals of the algorithm, which provides a consistent data set meeting the customer's needs. As Reda Bouakel, CEO of Fortia Financial Solutions, points out, "We are convinced that data will become one of the companies' most important assets, provided that it is processed with smart solutions and with high capacities for automatic learning. Therefore, Fortia's artificial intelligence laboratory has been developing revolutionary algorithms for several years now that will not only transform each company into its own data provider, but also enable it to implement a real strategy for managing its repositories." About Fortia: Fortia is a Paris-based software publisher specializing in AI applied to compliance management, data processing and automation of complex operational processes. With a headcount of over 100 associates, including 16 data scientists, Fortia has already developed its first AI-based solution: Innova®. Fortia's client roster includes major European and US banking groups. Since 2016, Fortia has enjoyed triple-digit annual growth. Press contact

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Expert Collections containing Fortia Financial Solutions

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Fortia Financial Solutions is included in 5 Expert Collections, including Regtech.

R

Regtech

1,341 items

Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements in FIs. Regulatory technology helps FIs and regulators address challenges ranging from traditional compliance and risk management to data reporting and transmission.

C

Capital Markets Tech

802 items

Companies in the capital markets tech space are providing software and/or services for investment banks, hedge funds, investment managers, and so forth. Companies included use technology across the front, middle, and back-offices and streamline all pre- and post-trade operations.

B

Banking

380 items

Startups providing solutions to banks to automate processes and operations.

A

Artificial Intelligence

8,323 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

F

Fintech

4,625 items

Track and capture company information and workflow.

Fortia Financial Solutions Patents

Fortia Financial Solutions has filed 6 patents.

The 3 most popular patent topics include:

  • Machine learning
  • Natural language processing
  • Classification algorithms
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/22/2019

5/4/2021

Machine learning, Natural language processing, Audio codecs, Computational linguistics, Video codecs

Grant

Application Date

3/22/2019

Grant Date

5/4/2021

Title

Related Topics

Machine learning, Natural language processing, Audio codecs, Computational linguistics, Video codecs

Status

Grant

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