Mphasis Launches AI Collaboration with AWS to Bring Generative AI Solutions to Financial Services
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Mphasis launched a multi-year collaboration with AWS to establish the Gen AI Foundry focused on AI solutions for financial services.
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The Foundry will serve as a platform for modeling industry use cases and developing proofs of concept around generative AI.
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Solutions will focus on core modernization, intelligent document processing, contact center improvement, and investigating financial crime.
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The Foundry aligns with Mphasis' goal to fully integrate as a provider to Fortune 100 banks, brokerages, and insurance firms.
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Mphasis is collaborating with Alight to build claim automation features powered by intelligent document processing.