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Big Tech for Small Banks

Big Tech For Small Banks

Net Interest Margin       Fee Income      Safety and Soundness

GenAI ML LLM GenAI / ML
Secure DataOps Secure DataOps
Identity Management Identity Management
Agile Compliance Agile Compliance
FEW WORDS ABOUT US

About Amberoon

Amberoon addresses C-suite priorities with solutions that improve Net Interest Margin (NIM), boost fee income, and effectively manage risk within the safety and soundness mandates of community banks. Amberoon solutions bring big tech to small banks—tools typically beyond the reach of smaller institutions. Amberoon solutions consist of a portfolio of interconnected products that leverage advanced technologies like GenAI tailored for banking workflows, secure identity management using blockchain, and predictive models using machine learning to solve business problems that add immediate value for banks. As an approved vendor for many banks and the U.S. Treasury, we offer regulator-inspired solutions that improve efficiency and effectiveness of community banks.

 

SAAS PRODUCT

Solutions

StatumKPI

Statum KPI

Statum KPI is a performance management and analytics solution that helps banks directly measure, monitor and manage their performance against peer banks. Unlike traditional operational analytics systems, Statum provides sharp insights into the future using agile risk analytics.
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Manatoko ID

Manatok ID is a suite of privacy-preserving solutions for identity management and data analysis for banking applications. It leverages advanced, patented technology, including encryption, verifiable credentials, and digital identities, to securely manage and protect sensitive data.
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Lucre AML

Lucre AML is a suite of modernized Anti-Money Laundering (AML) solutions that use agile compliance to closely align with a bank’s mandate of safety and soundness.  With Lucre, governance drives the technology and not the other way around.
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Vento Kredit

Vento Kredit workflow is a set of technology-powered processes that drive non-interest income in areas like benefits and incentives for banks and their customers. Vento leverages intelligent automation and a system of insight to ensure efficient, effective operations.
 
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Lorem Privacy

Manatoko Lorem Privacy is a privacy-preserving analytics system that helps financial institutions get analytical insights from data in the cloud without compromising privacy. Lorem simplifies the process of managing private data in a manner that is seamless and transparent to end-users. 
BOIR

Manatoko BOIR

Manatoko BOI (Beneficial Ownership Information Reporting) is a specialized compliance solution for businesses. It is designed to manage the beneficial ownership information in accordance with FinCEN requirements. It leverages advanced identity management technologies and follows KYC/KYB best practices.

 
ELITE FEATURES

Agile Approach

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Situation

Small banks have it hard: Rising operational costs, tighter earnings levels, the inability to benefit from economies of scale. These organizations spend five to ten times as much as big banks (as a percentage of assets) on Anti-Money Laundering requirements alone.  Modernizing AML compliance can affect ROTE by 60-100 basis points. These technologies are available, but they remain out of reach.

 

Approach

Approach

Agile Compliance represents a new approach to AML: A blend of modern technologies (secure cloud, AI/ML, intelligent automation) and targeted processes to streamline processes, enhance efficiencies and ensure compliance. It’s closely aligned with regulatory guidelines that require financial institutions to identify risks in different areas, and is designed to perfectly manage the balance between innovation and safety & soundness.

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Solution

Amberoon uses Agile Compliance to develop technologies that enhance AML, measure performance and manage operational risk. They’re built on a Regulatory System of Insight (RSOI) that uses each bank's systems of record, systems of automation and systems of engagement.  Insights are delivered through forensic inquiry and predictive modeling. All offerings are provisioned in a hybrid cloud through a SaaS model.

SAAS PRODUCT

Agile Analytics Blog

disruptive technologies
Finternet: Reimagining Banking with Tokenized Self-Sovereign Identity

The concept of the "Finternet"—a vision for the future of global finance—has been gaining traction in financial circles. This vision was ...

KPI
Can AI help Community Banks improve their Statum BankRank?

A recent report by the U.S. House Financial Services Committee's Bipartisan AI Working Group highlights AI's transformative potential in ...

Comminity Banks
The Top 5: Mid-Sized Banks to Watch ($10B-$100B)

Amidst the ever-evolving financial landscape, mid-sized banks in the U.S. hold a significant position, bridging the gap between smaller, ...

advanced analytics
Financial Fusion: Can Agile Compliance Rewire Bank partnerships?

The growing importance of fintech partnerships and AI technologies in modernizing financial services and expanding access was highlighted ...

banking
William to Swift: From Bee Hives to Banking's Digital Revolution

Ever wondered what William the Conqueror, Taylor Swift, and your bank account have in common? Buckle up, because we're about to embark on a ...

banking performance
Statum BankRank: An Outlook Metric for Small Banks

The future of a bank is not what it used to be. With due apologies to Yogi Berra, it is hard to predict the outlook of a small bank. In the ...

SAAS PRODUCT

Press Release

Ovenue and Amberoon Form Strategic Partnership to Build Artificial Intelligence and Blockchain-Based Technologies for Asset Valuation, Tokenization, and Monetization

San Francisco & Cupertino, California, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Ovenue Inc., a leading provider of artificial intelligence ...

Amberoon Launches Statum KPI on IBM Cloud Catalog to Simplify Performance Management at Smaller Banks

Innovative no-code solution makes modern AI technologies easily accessible, with special pricing for MDIs Cupertino, CA, March 23, 2022: ...

SAAS PRODUCT

news

Breathing new life into old: DXC’s Hogan strategy

It still runs many large banks around the globe so what can be done about DXC’s mainframe-based workhorse, Hogan? The supplier has a plan and ANZ is one of those on the journey

FDITECH Selects Six Teams in Sprint for Banks to Measure and Test Resiliency

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today announced the selection of six teams to participate in a ‘tech sprint’ designed to explore new technologies and techniques to determine how well community banks, and the banking sector as a whole, can withstand a major disruption of any type.

Six teams – made up of 17 firms – selected to develop methods for determining bank resiliency

Technology firms that will make up six teams were selected to participate in a “tech sprint” designed to explore new technologies and techniques to determine how well community banks, and all banks, can withstand a major disruption of any type, the federal insurer of bank deposits said Monda

IBM is Growing its Ecosystem to Support IBM Cloud for Financial Services and Add Value for Clients

Last year, IBM designed an industry-first platform called the IBM Cloud for Financial Services™. This summer we introduced a partner ecosystem to support the platform.

The Partner Ecosystem on IBM Cloud for Financial Services

Our partners create consistent reliable services and more personalized experiences every day on the IBM Cloud. We asked partners why they chose the IBM Cloud for Financial Services. Here’s what they had to say.

Embracing the Ecosystem: Why Partners Are Key to Creating a Secure Cloud for Financial Services

Banks today are facing a significant challenge: they must evolve to follow the latest trends in new technology and consumer demand, while adhering to stricter and ever-changing industry regulations.

FDIC Selects 14 Companies in Tech Sprint to Modernize Bank Financial Reporting

The Federal Deposit Insurance Corporation (FDIC) today announced the selection of 14 technology companies to compete in the next phase of the agency’s Rapid Prototyping Competition, a tech sprint designed to develop an innovative new approach to financial reporting, particularly for community banks.

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