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Industries
Fintech
Financial Services
Company Size
11-50
Company Stage
Series A
Total Funding
$34M
Headquarters
New York City, New York
Founded
2017
Alkymi provides automation tools specifically designed for the financial services industry, focusing on improving data management and operational efficiency. Its main product, the Alkymi Data Inbox, uses active learning technology to automate repetitive tasks, which reduces the need for manual data entry. This allows financial professionals to concentrate on more important work. Alkymi serves various clients, including banks and investment firms, helping them navigate complex regulatory requirements and manage risks. The company offers enterprise-ready solutions that integrate with existing systems and operates on a subscription-based model, ensuring ongoing support and updates for its clients. Alkymi stands out by tailoring its tools to fit the unique workflows of each client, making the transition to automation easier. The goal of Alkymi is to enhance efficiency, compliance, and data accuracy in financial operations.
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Total Funding
$34M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
Employer-paid health, vision, and dental premiums
Company-sponsored 401(k) plan
Generous vacation policies
Remote-first company
Parental leave
Career advancement & educational opportunities
"Alpha Alternatives has been delighted to partner with Alkymi this year as a trusted implementation partner, providing our mutual clients an unparalleled combination of strategic services and advanced technology."
NEW YORK, Feb. 14, 2024 /PRNewswire/ - Alkymi, the leading business system for unstructured data, today announced a strategic partnership with Lionpoint Group ("Lionpoint"), a global consulting firm to the alternative investments industry, to provide mutual financial services clients an unparalleled combination of strategic services and advanced technology.
Generative AI Enables TSCP to Capture More In-depth Information, FasterNEW YORK, Jan. 9, 2024 /PRNewswire/ -- Alkymi, the leading business system for unstructured data, has been selected by Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, to expedite their data review processes utilizing Alkymi's new generative AI product, Alpha.TSCP sought to accelerate their review of industry and market information, which includes analyzing large amounts of unstructured data. TSCP reviews hundreds of reports and information sources annually to better understand markets, spot industry trends, and identify potential opportunities for their firm, and doing so quickly, efficiently, and accurately is essential to TSCP's success.TSCP selected Alkymi and their Alpha product, a generative AI tool built for financial services teams and powered by cutting-edge large language models, for their ability to expedite data review and processing, as well as extend the types of information that they were able to capture.Ray Wagner, Managing Director, TSCP, commented, "We are thrilled to be partnered with the Alkymi team. Alkymi's Alpha product allows us to efficiently review and analyze vast amounts of information and enhance the accuracy and consistency of our processes. Alpha enables us to quickly sift through unstructured data to focus on the information that matters most, and make decisions faster, without sacrificing the quality of our analysis.""We designed Alpha for firms like TSCP to embrace large language models to not only speed up manual review processes, but to expand the level of data they are able to get," says Harald Collet, CEO of Alkymi
Alpha enables financial services firms to get instant answers utilizing next-generation large language models.NEW YORK, July 12, 2023 /PRNewswire/ -- Alkymi, the leading business system for unstructured data, today announced the launch of Alpha, a generative AI-powered solution that allows financial services teams to uncover instant answers from documents and proprietary data sets through an interactive chat experience and structured workflows. Using Alpha, customers will be able to accelerate critical business activities such as conducting due diligence, interpreting investment performance, crafting quarterly reports, as well as answering client inquiries.Until now there has been no way to securely apply large language models (LLMs) to targeted documents and data sets in financial services with a turnkey workflow. Due to these concerns, financial services firms have had to sacrifice access to insights that could have a major impact on business outcomes.Alkymi has solved this challenge by allowing firms to create their own unique, private, and secure data sets from over 25 supported file formats for data mining and insight generation. Alpha helps customers systematically generate answers from these document data sets in a user friendly way. Alkymi is empowering customers to use LLMs with confidence, keeping their data encrypted and ensuring it is not used to train a model. To build confidence in model output, answers can be traced directly back to their sources in documents.Customers get insights instantly and can continue to drill down for more context where needed while being assured of the security of their proprietary data
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Industries
Fintech
Financial Services
Company Size
11-50
Company Stage
Series A
Total Funding
$34M
Headquarters
New York City, New York
Founded
2017
Find jobs on Simplify and start your career today