TREASURY SOLUTIONS SPOTLIGHT

FIS

FIS delivers financial technology and treasury solutions that help clients optimize operations, manage risk, improve cash flow and support growth

About the company

FIS is a financial technology company providing solutions to financial institutions, businesses and developers. FIS supports the global financial system and helps clients run, grow and protect their businesses. With the treasury and finance solutions of FIS, you can optimize treasury and risk, centralize payments, modernize the credit-to-cash cycle, improve working capital and enhance supply chain finance.

AI Solution

FIS has created Treasury GPT with Open AI Large Language Model & using security layer like AI Content safety that will give custom answers based on the specific query, which will save time and effort for the client.

Application of AI

Treasury GPT was made on the concept of RAG (Retrieval Augmented Generation) which is using Open AI Large Language Model. On top of it, the Architecture involves AI Content Safety service, Vector DB and Elastic Search services.

Benefits & Challenges

Benefits
The AI solution of FIS saves time and effort for clients. Treasury GPT is integrated into the product to answer Treasury & Risk questions. Next, FIS ingests public and private policy documents for Q&A, aiming to offer advisory and custom recommendations through GPT.

Challenges
No technology challenges today. However, the landscape is changing very fast and FIS has to maintain the speed and quality.