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Temenos and NVIDIA Revolutionize Real-Time Banking with Generative AI

Eli GrantTuesday, Nov 19, 2024 3:38 am ET
4min read
The banking industry is experiencing a transformative shift, driven by advancements in artificial intelligence (AI) and accelerated computing. Temenos, a global leader in banking software, has recently announced a collaboration with NVIDIA to bring high-performance, on-premises generative AI to banks, empowering them to transform data into real-time insights while retaining full control over their information. This partnership is set to revolutionize the banking sector, enhancing customer experiences and driving operational efficiency.

Temenos' generative AI, built with the NVIDIA AI platform, enables banks to process unstructured data efficiently and securely on-site. By leveraging NVIDIA GPUs and AI Enterprise software, Temenos' solution offers exceptional speed and precision in delivering AI-driven services. The integration of NVIDIA NIM microservices facilitates deployment, scaling, monitoring, and management of AI models, allowing banks to scale their AI capabilities quickly and meet customer demands effectively.

The collaboration between Temenos and NVIDIA emphasizes a commitment to responsible AI, ensuring privacy and control for banks. By deploying generative AI on NVIDIA's accelerated computing platform, banks retain on-premises data processing, safeguarding security and compliance. NVIDIA's AI Enterprise software and NIM microservices optimize AI inference, enabling banks to scale AI capabilities swiftly and responsively.

On-premises deployment of generative AI enables banks to maintain full control over their sensitive data, ensuring compliance with regulations like GDPR and PCI-DSS. By processing unstructured data securely on-site, banks can avoid data leaks and unauthorized access, which are common concerns in cloud-based solutions. Additionally, on-premises deployment allows for better visibility and management of AI models, enabling banks to monitor and audit AI decision-making processes.

The use of NVIDIA's AI platform and GPUs enhances the security and performance of on-premises generative AI in banking. The collaboration between Temenos and NVIDIA brings high-performance, on-premises generative AI to banks, empowering them to transform data into real-time insights while retaining full control over their information. This partnership emphasizes Temenos' commitment to responsible AI, allowing banks to harness the full power of data while ensuring privacy and control. With NVIDIA's high-performance AI platform, banks can future-proof their operations and elevate the customer experience.

In conclusion, the collaboration between Temenos and NVIDIA is a significant milestone in the banking industry's digital transformation. By harnessing the power of generative AI and accelerated computing, banks can deliver more personalized, customer-centered experiences while maintaining data privacy and regulatory compliance. As the banking sector continues to evolve, this partnership sets the stage for a new era of real-time, AI-driven banking services.


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