Question: Is there a cloud banking platform that offers automated and secure services for financial services companies?

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Oracle

For a cloud banking platform that automates and secures services for financial services companies, Oracle offers a broad suite. It includes AI-infused data analysis with Oracle Database 23ai and automated GenAI integration with Oracle HeatWave. Oracle's platform spans many industries, including finance, and offers customer service, marketing, sales and billing tools, making it a good option for companies that need to run their businesses efficiently and make data-driven decisions.

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IBM Cloud

Another contender is IBM Cloud, which is geared for heavily regulated industries like finance. It offers secure and compliant services with WatsonX.ai for rapid deployment of AI models, and IBM Cloud for Financial Services for specific needs. The platform can handle large AI workloads and offers broad data management, making it a good option for companies that need top performance and security.

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Nasdaq Verafin

Nasdaq Verafin is another option, particularly for its broad financial crime management offering. It combines machine learning and consortium analytics for fraud detection and anti-money laundering/counter-terrorism financing. The platform allows for secure information sharing among institutions for collaborative investigations, helping financial institutions fight fraud and meet regulatory requirements.

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Flagright

Last, Flagright offers an AI-native platform for AML compliance and fraud prevention. It offers automated case management, AI-based risk scoring and real-time transaction monitoring. The platform can help fintechs, banks and other financial services companies monitor for and fight financial crime.

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