What is Cape.ai?

Cape.ai delivers an agentic AI platform specifically tailored for the financial services industry. It focuses on significantly boosting productivity by automating complex and time-consuming operational tasks. Designed with security in mind, the platform supports deployment either on-premise or within the client's private cloud infrastructure, ensuring data control and confidentiality align with stringent financial regulations.

The tool streamlines critical functions such as Enhanced Due Diligence (EDD), Third-Party Risk Management (TPRM) by analyzing SOC reports, processing new account openings, and executing personalized marketing campaigns. By leveraging AI to automate data extraction, analysis, and verification from diverse sources, including PDFs, Cape.ai drastically cuts down manual effort and processing times, enabling financial firms to operate more efficiently while maintaining compliance and managing risk effectively.

Features

Enhanced Due Diligence Automation: Automates the collection, research, and analysis of data for EDD reports.
Third-Party Risk Management (TPRM): Extracts key data from SOC reports, ensures cross-functional coordination, and streamlines auditing.
New Account Opening Processing: Extracts, transcribes, and verifies data for new account applications automatically.
Personalized Marketing Campaign Management: Simplifies customer segmentation, integrates with platforms, and generates personalized emails.
PDF Processing: Extracts, analyzes, and validates data from PDF documents.
On-Premise/Private Cloud Deployment: Ensures data security and control by deploying within the client's infrastructure.
Data Connectors: Integrates with various data sources for comprehensive analysis.
Workflow Automation: Streamlines processes across different financial operations.
Secure LLM Access: Provides secure access to public and private Large Language Models.

Use Cases

Automating Enhanced Due Diligence (EDD) processes.
Streamlining Third-Party Risk Management (TPRM) through SOC report analysis.
Automating the intake and processing of new account applications.
Accelerating the creation and execution of personalized marketing campaigns.
Improving sales prospecting by quickly gathering relevant data.
Enhancing customer service operations through AI support.
Automating analysis of Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs).
Simplifying loan application intake and processing.

FAQs

How does Cape.ai ensure data security and privacy?

Cape.ai addresses security and privacy concerns by offering deployment options either on-premise or within your own virtual private cloud (VPC), ensuring data remains within your control.
What kind of productivity gains can be expected with Cape.ai?

Cape.ai aims to provide significant productivity gains, citing examples like reducing Enhanced Due Diligence processes from hours to seconds and automating the intake of thousands of applications, potentially repurposing entire teams.
Can Cape.ai integrate with existing systems?

Yes, the platform features data connectors and workflow capabilities, enabling integration with existing financial systems and platforms like Salesforce.
What types of documents can Cape.ai process?

Cape.ai specializes in processing various documents relevant to financial institutions, including PDFs for data extraction and analysis, SOC reports for risk management, and loan applications.