Commercial Loan Automation
Creation of a digitized semantic commercial loan contract fully automates loan booking, lifecycle processes to achieve more than 90% gains in productivity
Interconnected
insights
Illuminate Your Dark Data and
Eliminate Blind Spots in Business Process
Automation and Analytics
PROBLEMS WE SOLVE
Illuminate your dark data
Imagine if everything you ever read you could recall, and the meaning you put to those words when you did, were available in your thoughts. That is possible for a machine, you see it subtly on the internet through search engines, the missing piece is a richer understanding of context. Today within institutions this data is dark, inaccessible but it exists, and needs to be reread to gain that context every time it is required. If it were available always, what connections between ideas could be made with the thorough knowledge of the business.
The solution of trying to put data in template-based approaches fails due to lack of context and therefore devaluing the data and relationships binding them together.
DATA WITHOUT CONTEXT IS MEANINGLESS.
what we do
Interconnected Insights
A data driven no/low code enterprise platform to gain exponential productivity and efficiencies
Business solutions
Use our out-of-the-box business solutions or Bring your most complex data, transform them into usable knowledge, and accelerate your unique solution needs.
Semantic contracts become living data, able to respond to queries. Finding and comparing contract terms gives you the means to find anomalies and outliers.
Prepare for critical business and risk events in a new way by finding critical provisions in advance.
UNDERSTANDING DATA IN CONTEXT IS OUR SECRET SAUCE!
VALUE PROPOSITION
Benefits of our Platform
Business Growth
Clients find new opportunities by being able to start with interconnecting and bringing unstructured and structured data together for analytics and insight, that can be done at scale. New insights leads to realizing untapped opportunities.
Reduced Cost
Significantly reduced cost of legal, business operations, and regulatory changes come from finding data, organizing them as a contextual knowledge, and ultimately being able to make fast and informed business decisions.
Reduced Risk
Illuminated "Dark Data" allows a full picture of the core business commitments as defined in contracts, related documents or events, and business processes built on those data. Full views of risk come with full views of interconnected data.
Efficiency and Productivity
Increase the ability to use unstructured data by automating lifecycle management based on the full context of source documents. Template-free digitization and harvest of data delivers recurring value in its unconstrained availability.
LEARN WHAT OPENRISK CAN DO FOR YOU
Request a demo today and see why OpenRisk is the platform of choice for some of the leading financial institutions.
OUR TECHNOLOGY
Replacing a Legacy Solution or Solving for a New Business Challenge begins with the adoption of a proven technology stack, that is as fluid as your unique data and business needs
The illumination of "dark data" is not an end in itself but the start of an ability to transform to the next generation business solutions.
Take the journey of transformation from legacy technology to a next generation stack. You can start quickly using our cloud-hosted service. You can bring it on-premise. You can unearth the risks factors hidden in your unstructured data, combine it with structured data, automate business process workflows, and share with counterparties or clients using a secure distributed ledger.
The OpenRisk platform is built on a micro-services architecture and a human-in-the-loop AI approach. The platform brings out the power of a semantic web, state-of-the-art Natural Language Processing and Machine Learning algorithms for internal productivity and efficiencies for each of our clients while blockchain/DLT helps bring about market harmonization.
Semantic Artificial Intelligence
Semantic Web technology not only brings out the relationship data has as a first-class-citizen across the entire business value chain, when combined with state-of-the-art NLP and ML models, provides users to exploit the limitless abilities by understanding every piece of data in context and effectively control the business outcomes.
Microservices Architecure
Technical design with a world-class DevOps adoption on a Spring and Netflix OSS backbone, provides a scalable, highly performing, and robust platform packaged into a business solution. While also facilitating an 'Acceleration Platform' for those clients who wants a stable platform to build their own API-based business solutions.
Distributed Ledger Technology
Blockchain and Distributed Ledgers are a pathway to market harmonization and more efficient market operations. By eliminating intermediaries, having direct access to trading counterparties in a secure and selectively transparent way has both pragmatic and strategic effects on the market participants.
Our ecosystem
Partners
OpenRisk is fortunate to have built a mutually beneficial relationship servicing clients and levering the platform with a rich set of partners.
Blog
The latest news from OpenRisk
ABOUT US
OpenRisk is built on a foundation of smart people, with a smart approach, and smart technology
A strong foundation together with client focus results in a robust, futuristic, heuristic, and regulatory compliant enterprise platform. The OpenRisk team is as passionate about technology as about the financial services business domains and regulations shaping the future of the market. We truly embrace the fact that black swan events are not real black swan events if the risks were measured and controlled appropriately.