February 27 (SeeNews) - Bulgarian business intelligence and data processing company A Data Pro said it has been shortlisted for the WealthBriefing European Awards 2018 for a project designed by its artificial intelligence (AI), research and development unit Identrics.
The company is a finalist in the Innovative Client Solution category for developing a risk and compliance solution, whereby detailed contextual information concerning special-interest persons and entities is automatically extracted from unstructured text, the company said in a statement on Tuesday.
"The field of AI and automation is highly competitive, and holds vast potential for application in the financial sector. We believe Identrics solution can be a game-changer for the industry, so it is a great honour to be recognised in the shortlist," Ilia Krastev, CEO of A Data Pro, said in the statement. "This is testament to A Data Pro’s foresight and the hard work that the team have put in over the last 12 months."
Winners will be announced at a gala awards dinner which will be held in London on April 26.
"These awards are judged on the basis of entrants’ submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics. That is a unique, and I believe, compelling feature," the publisher of WealthBriefing, Stephen Harris, said.
WealthBriefing is subscription-based business intelligence service for the wealth management community.
A Data Pro specialises in content, data and business intelligence services, offering comprehensive, tailor-made risk and compliance, media monitoring and analysis, and automation solutions. With over 20 years on the market and a team of 400, using more than 40 languages, its expertise spans over all major industries across more than 80 jurisdictions.