SourceForge Podcast

AI-powered KPI, Risk, and Compliance Intelligence: 360factors

Slashdot Media Episode 11

In this episode Carl McCauley, CEO of 360factors, talks about their new product Lumify360 that offers AI-powered risk and compliance intelligence solutions for banking and financial organizations. It collects internal Key Performance Indicator (KPI) data, transforms and enriches it, and allows for analysis and reporting in a consistent fashion. The platform helps organizations track their performance against strategic goals and identify opportunities for improvement. It also enables predictive data modeling and generative chat to help organizations make data-driven decisions. Lumify360 addresses the gaps in the market by providing out-of-the-box solutions for mid-market organizations that struggle with technical expertise and resources. 360Factors is focused on providing solutions for mid-market organizations to help them compete with larger companies by leveraging data and technology. They offer Lumify360, a platform that combines workflow management, data warehousing, and reporting tools to help organizations manage their key performance indicators (KPIs) and key risk indicators (KRIs). The platform has evolved to be more generic and can be used by various departments and industries, not just banks. 360Factors has also incorporated artificial intelligence (AI) into their solutions, including a chat companion called Kaia that can analyze regulatory changes and provide insights on KPIs and KRIs. The company emphasizes the importance of customer success and provides content, reports, and data connectors to support their clients. They believe that predictive analytics is a key trend for the future and are focused on helping organizations make better decisions by leveraging real-time data and identifying opportunities and trends.

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