REDWOOD SHORES, Calif. – April 23, 2020 – Symphony AyasdiAI, a portfolio company of SymphonyAI Group, announced the addition of multiple new hires including financial services chief product officer and head of data science for Europe to meet the urgent demand for its enterprise AI products for stimulus fraud, liquidity management, financial crimes, and emergent risk.
“Banks and financial services firms are pressing for modern enterprise AI that’s real, relevant, and can immediately handle the challenges of scale, volume, security, and organizational and technical complexity,” said SymphonyAI CEO Simon Moss. “We’ve met this demand already in our technology and the value it creates in our global deployments. Now, we are fielding a fast-moving team focused on the financial services firms. We have pioneering, best-in-class enterprise solutions engineered to find “unknown unknowns” that will transform markets. Expect to see a lot more of us, making sure everyone knows why we are the best in the world at discovering risk and opportunity in complex organizations.”
The new team includes:
In addition to product and data science team leadership, Symphony AyasdiAI is filling out its sales team to meet the burgeoning need for AI in financial services. New team hires include Matt Bolock, Michael Wein, and Ian Godfrey. They collectively bring more than 35 years of experience in financial services, risk intelligence, law enforcement, and enterprise technology.
“We are experiencing a perfect storm for fraud and risk right now and will emerge into a world filled with unknown unknowns,” said Symphony AyasdiAI Chief Product Officer Richard Stocks. “AyasdiAI’s solutions bring immediately groundbreaking impact that transforms the way our customers spot opportunities, threats, and inefficiencies today and moving forward. The unprecedented accuracy, speed, and transparency are what is needed today.”
Symphony AyasdiAI delivers a best-in-class unsupervised machine learning platform to anticipate risk, capture revenue, and optimize operational efficiencies across the financial services market and other sectors. As organizations grapple with challenges from fraud detection and liquidity optimization and new profit discovery, Symphony AyasdiAI extracts insights from existing data with unprecedented accuracy, speed, and transparency to deliver immediate solutions.
About Symphony AyasdiAI
Symphony AyasdiAI, a SymphonyAI Group portfolio company, is the world’s most advanced AI software company for a new generation of high-value solutions. Symphony AyasdiAI helps banks, financial institutions, and other organizations discover new and valuable insights in enterprise data, with unprecedented accuracy, transparency, and speed. Built upon over a decade of research and experience, Symphony AyasdiAI delivers insights and enables organizations to capture growth, avoid risks, and manage inefficiencies. Website: www.ayasdi.com
About SymphonyAI Group
SymphonyAI Group is the fastest-growing private group of B2B AI companies, backed by a $1 billion commitment to deliver next-generation AI solutions for transforming the enterprise. Since its founding in 2017, SymphonyAI Group has grown rapidly to a group of seven companies with a combined revenue run rate approaching $500 million. Over 1,900 talented leaders, data scientists, and other professionals operate the group under the leadership of one of Silicon Valley’s most successful serial entrepreneurs, Dr. Romesh Wadhwani. Website: www.symphonyai.com