DataStax’s AI Platform Enables Bud Financial 10x Faster Financial Data Classification
DataStax, a leading AI platform that helps enterprises and developers build accurate AI applications at scale, today announced that Bud Financial is leveraging the DataStax AI Platform, built with NVIDIA AI, including NVIDIA NeMo Retriever, NVIDIA NIM microservices, and NVIDIA AI Enterprise, to enhance customer experiences for organizations such as ANZ while increasing speed 10x.
DataStax and NVIDIA AI drive both internal and external efficiency, reduce costs, and improve accuracy across Bud’s financial data services. By integrating NVIDIA Triton Inference Server and DCGM Exporter, Bud Financial has supercharged its real-time financial data classification and enrichment service, significantly lowering latency and costs compared to CPU-based solutions.
Additionally, Bud Financial plans to incorporate NVIDIA NeMo Guardrails, NVIDIA NeMo Retriever reranking, and NeMo Evaluator microservices into its Drive Copilot, a conversational interface for Bud’s no-code transactional data analysis and customer segmentation tool. This enhancement will enable Bud’s customers to instantly understand their account holders, build high-impact segments, track campaign performance, accelerate research, manage risk, and more—with greater accuracy and reliability.
ANZ – one of Australia and New Zealand’s largest banks – leverages Bud’s transaction enrichment and customer insights technology to improve efficiency of its lending processes and deliver personal finance management capabilities. Bud’s proprietary large language models (LLMs), trained on NVIDIA accelerated computing and running using NVIDIA Triton Inference Server and DCGM Exporter, power real-time solutions with superior speed, efficiency, and accuracy while significantly reducing latency and costs compared to CPU-based processing. This enables ANZ to provide a more accurate and efficient customer experience.
"At Bud, our goal is to provide banks and financial institutions with the most accurate, real-time insights possible, and by working with DataStax and NVIDIA, we’re able to push the boundaries of what’s possible," said Michael Cullum, VP of Engineering & Data, Bud Financial. "These innovations allow us to offer faster, more reliable financial intelligence that transforms how institutions like ANZ can understand their customers and enable better customer financial wellbeing."
"AI is reshaping financial services, and Bud Financial’s work with ANZ is a great example of how AI-driven data solutions can drive efficiency and improve customer experience," said Ed Anuff, Chief Product Officer, DataStax. "With the DataStax AI Platform, built with NVIDIA AI, we’re enabling companies like Bud to deploy AI-powered applications that are both high-performance and cost-effective.”
About DataStax
DataStax is the company that helps developers and companies successfully create a bold new world through GenAI. We offer a one-stop generative AI stack with everything needed for a faster, easier, path to production for relevant and responsive GenAI applications. DataStax delivers a RAG-first developer experience, with first-class integrations into leading AI ecosystem partners, so we work with developers’ existing stacks of choice. With DataStax, anyone can quickly build smart, high-growth AI applications at unlimited scale, on any cloud. Hundreds of the world’s leading enterprises, including Audi, Bud Financial, Capital One, Skypoint, and many more rely on DataStax. Learn more at DataStax.com.
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About Bud Financial:
Bud Financial (“Bud”) enriches financial data, identifying the likes of merchant, category, location and regularity of transactions, to provide actionable insights and readable inputs for LLMs in the financial services industry.
Scaling rapidly, Bud has been a trailblazer in its use of AI since 2015. The company has enabled banks and fintechs worldwide to get customer context from their transaction data so they can personalize the banking experience, proactively manage risk and optimize their business operations.
With tens of billions of transactions processed, Bud’s market-leading transactional enrichment, categorization and analysis helps financial institutions to become intelligent enterprises, fully harnessing their customer data and finding new, data-driven opportunities to grow.
More at: thisisbud.com
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Contacts
DataStax
press@datastax.com
Bud Financial
press@thisisbud.com