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Developed by Simply, a Sinqia Group company, the new tool focuses on gaining operational efficiency

S-Gen Assist, name given to the new solution created by simply – fintech process automation with artificial intelligence, uses Google Cloud Generative AI technology to interpret complex and non-standard documents, providing automation and increasing productivity.

Thanks to the training carried out in the foundational model of Palm 2 for Text, one of the several Large Language Models (LLM) of Google Cloud and which is already available globally for customers, Simply achieved a high degree of assertiveness, while at the same time benefits from the security provided by the third-party certified Google Cloud environment. The Palm 2 for Text, in Portuguese, is integrated with Google Cloud's machine learning platform, Vertex AI, and the certification provided to Simply guarantees the protection and confidentiality of customer information, something essential in the financial sector. The robust architecture of Vertex AI also allows the company to maintain scalable growth, adapting to different use cases.

The solution will be presented to the market during Febraban Tech, which takes place between June 27th and 29th in São Paulo. During the event, it will be possible to check out demonstrations of operation.

Combining Sinqia's knowledge of years in the market with the needs of the financial market, the tool allows the automation of complex tasks that involve specialized labor. In this way, the whole part of analysis of firms and powers in social contracts, powers of attorney and minutes, classification of investment funds, balance sheet, DRE and Income Tax extracts, among others, is facilitated.

In addition to being used to automate document analyses, Simply will use the solution in its new Credit Engine module, and in S-View, the company's data intelligence tool. Applied to the credit engine, S-Gen Assist will support the decisions of credit analysts, learning from the analysis history and suggesting decision-making. In S-View, the solution can be used to ask questions about the data, finding and calculating variables, indicators and indices.

With this new tool, the company takes another step in the digital transformation of the market and starts offering operational efficiency with greater robustness with automation, security and speed in previously bureaucratic and time-consuming activities for its customers. “We are very happy to launch S-Gen Assist and use Google Cloud's generative AI to allow institutions to make more efficient, accurate and faster decisions, reducing operational costs and minimizing errors”, analyzes Vinicius Oliveira, Head of R&D at Simply .

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