radicant, which claims to be the “first” sustainable, digital and collaborative internet-based financial services company that’s “aligned” with the UN’s 17 Sustainable Development Goals, is working closely with Squirro.
The integration of tech “enables radicant to automate decision-making processes and improve customer understanding and service quality.”
The Swiss tech company Squirro links and “analyzes data to provide new insights as a basis for decision-making.”
So far, this artificial intelligence (AI)-based technology has been “available to decision-makers within companies.” In collaboration with radicant, these insights and recommendations are now “offered also to radicant’s customers.” The solution is “fully integrated into both the Google Cloud-based banking platform and radicant’s cloud-based Salesforce solutions.”
Dr. Anders Bally, CEO and Co-Founder of radicant, said:
“Our partnership with Squirro is an excellent example of co-creation: we are integrating the world-leading AI solutions from Squirro with solutions from the world’s leading technology companies such as Google Cloud and Salesforce. This allows us to set new benchmarks for automated recommendation processes. It is a great pleasure to rethink banking processes and customer experiences together with Squirro’s experienced and creative team.”
Dr. Dorian Selz, CEO and Co-Founder of Squirro, remarked:
“We are proud to support radicant in building an innovative bank with a consistent focus on sustainability. With its deep understanding of technology and data, radicant plays a pioneering role in the Swiss banking landscape. For us, the collaboration with radicant offers a unique opportunity to redefine banking processes together.”
As noted in the update, radicant is “a data- and technology-driven startup with the goal of democratizing access to personalized and sustainable financial services around the clock.”
The fintech company will “promote the UN’s 17 Sustainable Development Goals in the market with its community and financial services, as well as by establishing those goals within its company.”
Through increased transparency, the bank will “help its customers to achieve their individual financial and sustainability goals.” radicant is currently in the startup phase and “received its banking license from FINMA in May 2022.”