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Amazon listed as Visionary Leader by 360Quadrants in AI in Fintech
360Quadrants powered by MarketsandMarkets
AI in Fintech refers to the theory and development of computer systems capable of performing finance-related tasks that usually require human intelligence. It is an application of AI technology used in the financial sector to design investment strategies, detect anomalies with pattern & voice recognition, and conduct market analysis with data mining. The AI in Fintech solutions market for this quadrant is defined as the summation of AI-enabled Fintech solutions and services.
For this quadrant, the components of AI in Fintech are mainly segmented into solutions and software. Major application areas of AI in Fintech solutions are virtual assistants, business analytics & reporting, and customer behavioral analytics. These solutions have been analyzed based on cloud and on-premise deployment. Amazon has been identified as a visionary leader in the AI in Fintech space given its high product quality and reliability. 25 top companies in AI in Fintech are listed on the quadrant.
Amazon has been identified as a visionary leader in the AI in Fintech space given its extensive product features, high product quality, reliability, suitable channel strategy, and wide geographical footprint. 360Quadrants also lists competitors of Amazon in the AI in Fintech space.
AI in Fintech offerings from Amazon aims to deliver valuable insights and intelligence from data. The company has an established product portfolio with a robust market presence and business strategy. Some of the major developments of the company in the AI in Fintech space include:
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SOURCE MarketsandMarkets