Arria NLG and Eagle Investment Systems, a BNY Mellon company, announced a strategic alliance to enhance process automation using advanced natural language generation (NLG) technology.
This alliance provides Eagle’s clients with access to Arria’s NLG capabilities which will connect directly to Eagle’s product suite. The Arria platform can determine the critical facts and generate automated, real-time insights and narratives in plain, easy-to-understand language. This helps to inform faster decision-making, as users see insights they may otherwise have missed or misunderstood, and helps increase consistency in how results are interpreted and communicated across the organization.
“We are excited to offer our clients access to Arria’s NLG capabilities to help with the analysis of data stored within the Eagle platform,” said Joel Kornblum, Eagle’s Global Head of Strategic Alliances. “We are working with Arria to build a set of capabilities in portfolio management, portfolio analysis and performance measurement that will help our clients potentially reduce the amount of time they spend writing personalized client summaries and reports.”
According to Jay DeWalt, Arria’s Chief Operating Officer, “This technology is transformative, especially for financial services. Fund Commentary reports that typically take hours to produce can now be delivered in near real-time. Being part of Eagle’s alliance program demonstrates the commercialization of NLG technology to assist clients and companies in efficiently drawing compelling insights and understanding from the wealth of data they possess. This leads to faster conclusions and better decision-making, as well as increasing automation for internal and external analysis and reporting.”
Every business collects data to help their company make better decisions. Arria’s NLG technology transforms data into meaningful information which business stakeholders can easily understand and take action upon. The accuracy, unbiased delivery of information and speed that is only possible with the advancements in artificial intelligence and process automation is now available to businesses worldwide through Arria NLG.
To see a typical example of how Arria’s instantly generated NLG narratives deliver meaningful insights to an Investment Analysis, please watch this video >
Eagle Investment Systems is a subsidiary of BNY Mellon, which is the world’s largest custodian bank and asset servicing company, with $1.7 trillion in assets under management and $33.1 trillion in assets under custody as of December 2018.
Eagle helps financial institutions worldwide grow assets efficiently with its innovative portfolio management suite of data management, investment accounting and performance measurement solutions that are delivered over its secure private cloud, Eagle Access.
They deploy trusted solutions and services that create operational efficiencies and help reduce complexity and risk. In addition to the cloud solutions, Eagle’s Managed Services offering helps deliver enriched and ready for use investment data. Eagle Investment Systems’ integrated technology, products and services help their clients to grow their assets efficiently and effectively.
Eagle’s clients are global financial services companies, including investment management organizations, wealth management organizations, mutual fund companies, hedge funds, brokerage firms, banks, trusts, public sector organizations, plan sponsors, endowments and insurance companies.
ARRIA NLG is the global leader in the field of Natural Language Generation (NLG), a form of artificial intelligence software, specialized in extracting insights from complex data sources and communicating that information in natural language (i.e. as if written or spoken by a human).
Arria has the greatest concentration of NLG expertise in the world, and has a growing patent portfolio of 20 core NLG patents, with more pending. Arria is a global company with notable industry partners: Accenture, Cognizant, Deloitte, Eagle Investment Systems, Genpact, IBM and others. Additional information is available at www.arria.com