The Silicon Review
“The company aims to empower banks with unprecedented discovery and decision-making ability using Artificial Intelligencewith the ultimate goal of helping banks transcend into an era of intelligent banking.”
Artificial Intelligence with the ultimate goal of helping banks transcend into an era of intelligent banking.”We live in an era where banks play an important role in people's lives. As technology rapidly transforms the financial landscape, there is an increasing need for banks to bridge the gaps between the services they provide and what their customers seek. As the world stands on the brink of a technological revolution that will fundamentally alter the way everyone lives, works and relates to each other, it will be possible to observe the complete disruption of many industries and their business models. Fintech, the abbreviation for financial technology, is a broad category that refers to the innovative use of technology in the design and delivery of financial services and products. The application of fintech cuts across multiple business segments, including lending, advice, investment management, and payments.
Silot is a Singapore-based Fintech Startup with a vision of defining the future of banking. Its mission is to be the leading fintech company that empowers banks with a fast and scalable AI platform. With its excellent blend of established Fintech veterans and AI and data technology experts, it helps banks transcend digital banking and excel in the new era of intelligent banking. The company’s technology is the brain behind banks. It helps banks by integrating siloed systems, transforming data into knowledge and recommending outcomes across different use cases, with minimal dependencies on existing data structures and processes. Its proprietary SKG platform empowers banks with unprecedented speed, security, efficiency, and a decision-making matrix. This revolutionizes how banks the world over can serve their industry and business partners with more intelligent retail and financial services.
Silot specializes in using cutting-edge artificial intelligence and knowledge graph technology to work with banks around Southeast Asia, radically transforming these institutions to be smarter and more efficient. Its solutions go beyond task automation or rote processing. The company aims to empower banks with unprecedented discovery and decision-making ability using AI that can learn, with the ultimate goal of helping banks transcend into a new era of intelligent banking.
Reshaping the Future of Banking with AI
A Smart Merchant Ecosystem
Silot provides a smart banking ecosystem that unifies business banking service solutions for simpler management and improved efficiency. Powered by AI that assists in decision-making, they enable new business opportunities for both banks and merchants.
Silot’s banking and merchant solutions consolidate all applications into easy-to-manage platforms, saving teams’ time and resources while boosting the customer experience. The end-to-end management includes;
Powered by AI That Learns Concepts as Humans Do
Traditional pattern-driven AI techniques are slow to build and expensive to maintain. That's why at Silot, they leverage on knowledge-driven AI to provide fast and scalable solutions that can be customized to a bank's data climate. Knowledge graph technology enables them to connect data silos within an organization, creating a comprehensive overview of the opportunities and risks for a bank. This overview forms the foundation of the AI's knowledge, allowing it to learn new concepts from a wide variety of sources, and to make decisions by inferring new information and drawing conclusions.
The formidable leader
Andy Li is the founder and also serves as the Chief Executive Officer of Silot. Mr. Andy Li has served as Deputy General Manager of Baidu Global Payment, Baidu. He has an overall 10 years of experience in global expansion for several listed Internet Companies such as SEA (Garena), SohuChangyou. He is a member of the Hong Kong Payment Committee and was the speaker of Money 2020 and Mobile World Congress. Mr. Andy Li holds an honor Degree from the University ofAbertay Dundee (UK).
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