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Alithya Launches AI-FI(TM) Trade Surveillance Solution Powered by Microsoft Azure
Alithya Launches AI-FI™ Trade Surveillance Solution Powered by Microsoft Azure ...
About this update from Alithya Group, Inc. Class A
[{"type":"text","content":"\n\n\n\nAlithya Launches AI-FI™ Trade Surveillance Solution Powered by Microsoft Azure\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTREAL, July 15, 2020\n\n\n\nMONTREAL, July 15, 2020 /CNW Telbec/ - Alithya Group inc. (TSX: ALYA) (NASDAQ: ALYA) (« Alithya »), a leader in digital strategy and technologies employing more than 2,000 highly qualified professionals offering enterprise solutions across Canada, the United States, and Europe, is proud to announce the launch of its AI-FI™ Trade Surveillance solution, hosted on Microsoft Azure.\nAI-FITM Trade Surveillance is a solution designed to help financial institutions keep up with rapid increases in trade volumes, market and trade complexity, and increasing regulatory obligations across all asset classes. Alithya has released a short video that provides an overview of the AI-FI™ Trade Surveillance solution and describes how firms can manage even the most complex surveillance and compliance challenges with ease. The video is available here: https://www.alithya.com/ai-fi-surveillance.\n \n\"In today's environment of high trade volumes and increasing regulatory obligations, our customers must rely on solutions that not only identify suspicious activity, but can easily scale to changing trading behaviours without adding headcount,\" said Nigel Fonseca, Senior Vice President at Alithya. \"By hosting AI-FI™ Trade Surveillance on Microsoft Azure, we have increased our flexibility in configuration, while decreasing implementation time and cost. The advanced security features of Azure ensure that our customer's data is highly secure.\"\nThe deployment of AI-FI™ Trade Surveillance at a major Canadian bank has resulted in increased operational effectiveness due to the reduction of false positives by almost 95%. The solution has rules that cover equities, derivatives, fixed Income, and foreign exchange trading throughout Canada, US, APAC, EU and the UK. Compliance teams are now able to review up to two million trades within minutes, ther...