Best of CODELESS - The Future of No-Code AI

The financial service sector faces continuous pressure to deliver faster and more innovative solutions to the toughest business problems. Is no-code artificial intelligence (AI) the answer? No-code AI enables financial service professionals to build AI models and generate insights from large amounts of data quickly without writing code. With no-code AI capabilities, professionals with technical and non-technical backgrounds can easily and quickly deploy models customized to their business needs. Agile organizations should understand the potential of integrating no-code solutions into their business practices if they seek to keep pace with the evolving financial technology landscape. 

CODELESS: The Future of No-Code AI was a virtual event hosted by Accern on June 23rd, 2021 bringing together leaders in the no-code AI and Finance space to discuss the ways in which no-code AI are changing the way finance professionals work, conduct research, and make investment decisions. No-code AI provides finance professionals with data insights in real time so that they can accelerate business solutions. In particular, the financial services sector has been an early adopter of AI because the fast-moving industry is quicker to realize the profit and impact from deploying it. In this panel, learn how no-code is accelerating digital transformation within financial services and how your organization can implement these changes from the perspective of Alex Schmelkin (CMO and Global Head of Partnerships, unqork), Juergen Weber (Head of Business and Operational Transformation, Allianz), Ben Taylor (Chief AI Evangelist, DataRobot), and Kumesh Aroomoogan (CEO and Co-Founder, Accern). 

The key takeaways from CODELESS include: 

  1. No-code AI drives agile workforces. Financial service companies constantly seek to expedite information flows and quality to make better investment decisions. The speed, accessibility, and reliability of no-code AI provides finance professionals with more up-to-date information and a competitive edge by keeping them ahead of the innovation curve.
  2. Integrating no-code creates measurable value for businesses. Companies that employ no-code AI save money and time and reap quality and scalable benefits. By replacing complex code with quick iterations, finance professionals achieve quick and cost-effective results for their businesses. Finance professionals should be aware of these benefits to effectively prepare for the integration of no-code AI tools into their company. 
  3. Is the need for no-code to unlock new capabilities or to accelerate workflows in a space where data science talent is limited?  Whether it’s resolving a talent or a tool shortage in the AI and finance industries, no-code is responding to a demand for faster, innovative solutions to business problems. 
  4. Managing security risks within the no-code AI spaces requires a proactive approach and increasing customer awareness. AI and finance companies can build customer trust in no-code by identifying risk scenarios to prevent them from happening in the first place, educating customers about the ways no-code tools maintain regulatory compliance, and encouraging customers to run penetration tests to gather information about potential vulnerabilities.
  5. No-code AI isn't new, but it’s here to stay. As business challenges adapt and expand, no-code AI industry leaders like Accern are rising to meet these needs by advancing the delivery, integration and capabilities of no-code AI solutions.

A Look at Accern’s No-Code AI Platform 

Without a doubt, no-code AI is facilitating digital transformation across the financial services ecosystem. At CODELESS, you can see it for yourself. Featuring a live demo of Accern’s AI Marketplace and no-code platform, see how Accern offers pre-built use-cases, customizable taxonomy to draw out insight from news and filings on themes and trends that matter to your business, and the ability for customers to provide feedback on the model to personalize the platform to their needs. 

In an upcoming addition to Accern, customers will also have the opportunity to train models and integrate data into use cases with Accern AI Studio. Accern’s predictive model capabilities allow experienced data scientists to experiment with configurations that match their interests while customers without a data science background can utilize its AutoML feature to automatically search for models and training parameters that best fits their data. From there, customers can deploy predictive models to extract relevant insights for their business. The possibilities of no-code AI continue to bring value by reducing time to deployment and enhancing product customization.  

The Future of No-Code AI

As no-code AI takes hold over the financial services industry, finance professionals can optimize their business value thanks to the time and cost-saving attributes of no-code AI tools. The increasing awareness and interest about the offerings of no-code have propelled finance companies to shift from approaching business decisions with point solutions to AI platforms that provide guidance on a host of business decisions and are monitored to allow for scaling. Finance professionals should stay up-to-date on the advancements in no-code AI in anticipation of the integration of these changes into their company. 

CODELESS: The Future of No-Code AI took place virtually on June 23rd, 2021. If you are interested in hearing about the latest developments within the no-code AI space and missed the event, or would like to watch it again, you can access it for free here.

About Accern

Accern is a no-code AI platform that provides an end-to-end data science process that enables data scientists at financial organizations to easily build models that uncover actionable findings from structured and unstructured data. With Accern, you can automate processes, find additional value in your data, and inform better business decisions- faster and more accurately than before. For more information on how we can accelerate artificial intelligence adoption for your organization, visit accern.com

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