Summary

Finnate is an AI-powered transformative platform designed to propel digitally ambitious banks, non-banking institutions, and investment funds to the next level by unshackling clients from the limitations of legacy systems and unleashing a new era of innovation. With scalable, customisable solutions, real-time insights, and seamless compliance, Finnate drives innovation and growth, enabling financial institutions to stay ahead in a rapidly evolving market.

Description of fintech solution

Finnate offers a comprehensive suite of solutions that are hyper-configurable, super-scalable and ultra-secure for fast-tracking growth:
Business process designer - Drag and drop easily
Customer persona designer - Bring your own data model
Zero code rules engine - Data validations and enrichment
Policy designer - Encode your policy standards
Due diligence designer - Reviews, checks, approvals and exceptions - all in
Document policy shell - Generate, upload, collaborate
Dashboards and reports designer - Information delivery the way you need
Low code integration designer - Build a digital ecosystem via configuration
Collaboration and productivity engine - Communicate, share data, and assign tasks

Describe your key innovations

1. Hyper-configurable rules & decision engine with human-in-the-loop AI
2. Highly cohesive and loosely coupled composable architecture
3. Cloud-native architecture for rapid scalability
4. Security-first design with built-in regulatory compliance

Solution Lifecycle

Commercialized

Founder's Background

With about 200 years of cumulative expertise in product development and successful digital transformations, you are assured of battle tested product and all weather crew

Founded (Years of Incorporation)

2016

How are you funded today?

Bootstrap

Number of employees

400

Presence In Region

Africa
America
ASEAN
Asia
India
Oceania
Southeast Asia

Technology

Artificial Intelligence
Cloud solutions
Data automation
ESG
Natural Language Processing (NLP)
Optical character recognition (OCR)
RPA
Wealthtech

HQ Country

Singapore

What are the top 3 key benefits your solution will bring to the Asset Management Industry?

- Streamlining of end-to-end Asset Management lifecycle with automated processes
- Enhanced risk assessment and valuation, enabling precise investment modelling
- Automating reporting and back-office tasks to cut costs and boosts efficiency.

Tell us more about your past client engagements to date and your market penetration?

Banks: Finnate provides banks with scalable, AI-driven solutions that streamline operations, enhances customer experiences, and drives profitability in a rapidly changing financial landscape.

Non-Banks: Finnate equips non-banking financial institutions with innovative, low-code technology to deliver faster, smarter solutions for lending and asset management.

Credit Unions: Empowering credit unions with flexible, secure, and scalable digital tools, Finnate enhances operational efficiency and member services.

Private Lenders: Private lenders rely on Finnate’s advanced platform for faster, data-driven lending decisions and personalised solutions.

Private Equity: Empowering private equity firms with tools to manage deal flow, portfolio analysis, and reporting with speed and accuracy.

Venture Capital: Accelerate venture capital strategies with Finnate’s agile solutions for tracking investments and nurturing growth-stage ventures.

Investment Management: Finnate simplifies investment management with detailed insights and scalable solutions for managing diverse portfolios.

Pension Funds: Ensuring compliance and optimising fund management for pension funds with Finnate’s secure, adaptable platform.

Do you have any case studies of your solution? If yes, please share it in less than 200 words

Finnate transformed a government entity's spreadsheet-reliant Low Interest Loan Scheme (LILS) management in Western Australia. The entity faced difficulties in managing intricate loans, adhering to strict government regulations, and transferring data from legacy systems

Finnate's configurable Loan Management Solution delivered streamlined operations, automated calculations, and customized reporting resulting in a centralized, efficient system with enhanced security and informed decision-making.

Awards/Accolades

Certified Fintech by Singapore Fintech Association (https://directory.singaporefintech.org/directory/listing/centelon-pte-ltd)