AI-powered NLG leader, vPhrase adds Financial Services Leader Motilal Oswal Financial Services Ltd. to their roster of clients and expands its operations to Pune. Phrazor, a Natural Language Generation (NLG) platform will power MOFSL to create personalized multi-lingual reports at the speed of thought to eliminate the barrier of language and offer unique customer experience to its investors.
“This investment is an important milestone in our journey. It’s a big vote of confidence from two highly respected venture capital firms – Bharat Innovation Fund and Falcon Edge Capital and will help us scale our team, strengthen our products and expand into new geographies.” – Neerav Parekh, CEO.
Phrazor by vPhrase is among the most cost-effective, homegrown BI tools that are nipping at the heels of BI leaders in the world.
Besides the biggies in the BI space such as — SAP, Microsoft, TIBCO Software, there is a slew of new BI tools in the market, touting predictive modelling, the ability to simplify complex datasets and cost-effectiveness as the unique differentiator. Phrazor, the AI platform can convert structured data, analyses it and generates insights which can be used for effective decision-making.
Artificial Intelligence (AI) has been making inroads into various aspects of human life. Remarkably, AI is now being used in the newsroom to write a variety of data-driven stories as well; stories related to company earnings, crime, price trends and finance, among others. So, how exactly does AI work?
vPhrase (India) automatically summarises data from various financial sources into key insights for data-driven decisions to help relationship managers who serve small and medium businesses to create credit proposals and review statements. This tool can reduce the time taken to create these documents by 30%.
Microsoft, the world’s biggest software maker, and technology-consulting giant Accenture are joining forces to support vPhrase and other Indian start-ups as well as tap their innovations.
vPhrase Analytics is demystifying the visualization landscape by drumming smart insights alongside text that makes the job of analyzing easier.
“We are fortunate to have the opportunity to tap into the immense innovation potential that exists in India”
Nomura identifies vPhrase among 8 startups to build solutions for capital markets & investment banking
“Rapidly evolving technologies are transforming the way we operate, and this wave of technological disruption is poised to reshape the industry.”
“Ideally your reports should tell you not just what has happened but also why did it happen and what needs to be done about it.”
“Every company has to send performance reports to its employees or customers. The focus of our venture is to help companies communicate the insights in their data to their people at scale.”
Meet PHRAZOR, a robot that converts incomprehensible graphs into interesting stories and talking points
“Graphs, pie-charts and infographics were invented to make dry reports come alive and become more palatable. Ironically, however, people find themselves frowning as if in deep pain and throwing their hands in the air in exasperation at a Venn diagram that has too many circles for its own good.”