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TIMVERO: Empowering Banks to Embrace an AI-First Future (talking with company executives)

TIMVERO: Empowering Banks to Embrace an AI-First Future (talking with company executives)

Banks are facing a critical challenge: how to seamlessly integrate data-driven insights into their day-to-day operations. This is where TIMVERO steps in, revolutionizing the way banks approach lending and driving unprecedented efficiency.

The problem: Disconnected data and slow decision-making

Banks today are grappling with a significant challenge: they are capable of generating a wealth of actionable insights through data analytics, but struggle to seamlessly integrate these insights into their operational workflows. This disconnect between the analytics teams and the operational teams often results in slow decision-making and missed opportunities.

“Banks are facing significant challenges in adopting an AI-first approach to extract actionable business insights in a consistent, data-driven way and seamlessly integrate them into their operations,” explains Dmitriy Wolkenstein, CEO of TIMVERO. “Mastering this capability is crucial for banks to enhance and transform their business practices using data, enabling swift, systematic, and well-managed progress.”

The solution: Unified, AI-first operating system

TIMVERO’s innovative platform addresses this challenge head-on by pioneering an AI-first operating framework that revolutionizes banking efficiency and innovation. The company’s flagship product, timveroOS, is a holistic lending operating system that seamlessly integrates deep analytics directly into operational workflows, empowering banks to rapidly tailor their lending procedures in-house.

“timveroOS isn’t just a lending solution; it’s a catalyst for perpetual growth and transformation in the banking sector,” Wolkenstein emphasizes. “By offering a seamless fusion of operations and intelligence, it amplifies efficiency 12 times, enabling banks to make the right executive decisions faster and increase loan profitability by 10-20% annually.”

The key features of timveroOS

TIMVERO is an AI-powered, data-centric Lending Operating System (OS) designed to empower banks to become truly AI-first. Led by a seasoned team of industry veterans, TIMVERO is on a mission to bridge the gap between analytics and operations, transforming the way banks leverage data to enhance their business practices.

At the heart of timveroOS lies a sophisticated architecture that harmonizes data from various sources into a coherent format, setting the stage for its Advanced Analytics AI Engines to forge comprehensive insights across risk assessment, product development, and marketing strategy.

“Our Financial Engineering/Cashflow Engine is the key to agile, barrier-free executive decision making, facilitating swift consensus across departments,” says Anton Shashok, CTO of TIMVERO. “This framework allows banks to expedite pivotal decisions by 12 times, boosting loan profitability by 10-20% annually.”

One of the standout features of timveroOS is its modular structure, which provides banks with a wide range of capabilities. Leveraging the platform’s SDK or admin-side customization settings, banks can limitlessly tune and quickly launch their credit business, continuously collecting data, analyzing it, identifying improvements, and deploying them seamlessly.

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“Our platform equips business units with the power to rapidly evaluate financial outcomes and initiate experimental validations within a rigorously controlled environment,” Shashok explains. “Recognized enhancements are smoothly transitioned into active deployment, optimizing continuous improvement cycles.”

Transforming the banking landscape

TIMVERO’s impact on the banking industry is already evident, as the company has amassed an impressive portfolio of clients, including a Swiss Banking Group, a Spanish Digital Bank, and a European Regulated Bank.

“Our system is integral to five banks across the EU and EMEA, including the second-largest bank in an EMEA nation,” Wolkenstein proudly shares. “Initially, the European Regulated Bank adopted our platform for SMB lending, but they were so impressed with its effectiveness that they quickly upscaled it to their Consumer business, illustrating the strong cross-sell potential of timveroOS.”

The company’s sales pipeline is equally impressive, with 200 financial institutions, predominantly from the US, EU, and UK, in advanced stages of negotiation, forecasting over $50 million in sales volume.

Looking ahead: Unlocking the full potential of AI in banking

As TIMVERO continues to disrupt the banking industry, the company is focused on further enhancing its platform and expanding its reach. With the recent $2 million Series A funding round, the team is poised to ensure a smooth onboarding experience for new clients, expedite the delivery process, and propel further technological advancements.

“Our lead-generation framework utilizes online catalogs, SEO, and forthcoming advertising campaigns, yielding an impressive cost-per-lead of $100 and falling,” Wolkenstein shares. “Our inbound marketing strategies are designed to draw in warm leads with distinct requirements, optimizing conversion potential.”

The future of banking lies in the seamless integration of data and operations, and TIMVERO is at the forefront of this transformation. By empowering banks to become truly AI-first, the company is not only improving efficiency and profitability but also paving the way for a more innovative and responsive financial sector.

“timveroOS isn’t just a tool—it’s a transformative force in banking,” Shashok concludes. “We’re committed to continuing our mission of revolutionizing the industry, one bank at a time.”

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