In a nutshell
Sinpex is a Natural Language Processing (NLP) software for financial institutions with a focus on KnowYourCustomer processes. These are processes by which banks obtain information about the identity and address of customers. These processes help to ensure that banks' services are not misused. They have developed a special NLP model, which is very flexible and at the same time specialized for the documents of the KYC processes. The KYC questionnaires can be pre-filled in a highly automated way and Sinpex saves analysts up to 70% of their working time. In addition, Sinpex automatically generates audit-proof reports in which every data point can be transparently tracked.
Sinpex’s vision is revolutionizing mandatory and recurring business processes in an One-Stop-Shop.