Asset servicing technology news | MGG joins intellimation.ai's Vector – Asset Servicing Times

07 February 2024
US
Reporter Jack McRae
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MGG Investment Group has automated its valuation review process by joining intellimation.ai’s artificial intelligence product Vector.

The collaboration will help MGG automate the data extraction and analysis of their valuation statements. Vector processes valuation statements, extracts specific data points and presents the data for analytical purposes.

Through the partnership, clients will be able to save time and improve the analysis of their data to identify trends, monitor certain data points and undertake additional predictive analysis, MGG says.

Mustafa Tayeb, chief financial officer of MGG, says: “In evaluating solutions to optimise our valuation review processes, intellimation.ai was a natural fit. Onboarding with intellimation.ai has allowed us to make more efficient what previously was a 100 per cent manual process.”
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