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Axenix: Smartax LFFR

Product
Developers: Axenix (formerly Aksencher Russia) Aksenix
Date of the premiere of the system: 2024/07/30
Branches: Insurance,  Financial Services, Investments and Auditing
Technology: BMS - Decision Support System

Main article: Medical Decision Support Systems (CDS)

2024: Presentation of "Smartax LFFR"

Axenix introduced "Smartax SPPR" for banks and insurance companies. The developer announced this on July 30, 2024.

Axenix's "Smartax SPS" decision support system will help financial institutions make decisions based on detailed data analysis.

"Smartax BAP" is a low-code platform for building intelligent decision support systems. It allows you to quickly configure, test and implement decision-making strategies in various business processes of companies and provides support at all stages of the life cycle of decision-making strategies - from hypothesis formation to operation.

Decision support systems are primarily in demand by financial sector organizations. Smartax SPPR helps banks improve the quality of digital services: speed up the processing of loan applications, automate the calculation of solvency and debt burden on BKI data, make decisions within the credit pipeline in real time. The system allows you to optimize the collection of receivables, predict its occurrence among customers, select the most effective collection measures and methods of communication with debtors. As a result, organizations will be able to accelerate the turnover of debt.

In addition, Smartax SPR is used in the field of risk management: the system helps to increase the profitability of a financial institution while maintaining acceptable risks.

The platform also solves the tasks of targeted marketing. For example, it allows you to form personalized offers, which is important for increasing customer loyalty and proactive retention. The system is able to predict and increase the share of individual responses and, as a result, increase the effectiveness of marketing campaigns.

Smartax BSA is a convenient solution designer aimed at business users. It allows you to customize decision strategies in low-code mode without the need for technical specialists. At the same time, "Smartax SPPR" allows you to supplement the standard functionality of the system with Python or SQL code. Based on the platform, companies will be able to configure the necessary algorithms and decision logic, business rules and decision strategies of any complexity.

"Smartax BAP" supports application algorithms AI in various use cases. The system contains a repository of models machine learning for their application in decision strategies. The built-in AI assistant integration and with large language models are used as an intelligent assistant in strategy development and for writing code.

The Smartax platform is an open system developed on an import-independent technology stack, with great integration capabilities.

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Smartax SPS helps you process large amounts of data, obtain accurate and complete information, analyze it and quickly make the necessary decisions. The system provides a unified management environment for decision strategies and, through end-to-end automation, allows you to respond to changes in the external environment in a timely manner, as well as minimize the risk of making erroneous decisions. We analyze market trends and customer requests, constantly updating the platform's capabilities so that it brings the maximum business value possible for customers, "said Mikhail Alexandrov, Technical Director of the Axenix Analytical Product Development Center.
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