An industry first AI offering for managers like MGG, delivers operational intelligence, saving 90% of the time spent on analysis and the evaluation of valuation statements.
intellimation.ai, an Artificial Intelligence company which undertakes end to end automation of processes through its proprietary product Vector, announced a new client engagement with MGG Investment Group (“MGG”) an investment manager serving middle market companies across various industries.
MGG is implementing intellimation.ai’s AI product Vector to automate the data extraction and analysis of their valuation statements. The product contextually processes the valuation statements, extracts specific data points, including prices, pricing inputs and assumptions, market data, and more, and presents the data for analytical purposes. With the help of intellimation.ai’s AI product, MGG can save time and improve the analysis of their data to identify trends, monitor certain data points, and over a
period undertake additional predictive analysis.
Quote from MGG:
“MGG is committed to enhancing our business through the use of technology and automation. In evaluating solutions to optimize our valuation review processes, intellimation.ai was a natural fit. Onboarding with intellimation.ai has allowed us to make more efficient what previously was a 100% manual process,” said Mustafa Tayeb, Chief Financial Officer of MGG Investment Group. “We expect to see significant time savings on the valuation review process.”
Quote from intellimation.ai:
“Vertical AI with its ability to process complex workflows with dynamic and unstructured data has to become the backbone of firms looking for scalable growth, efficiency, and control. This partnership with MGG helps accelerate their journey into Artificial Intelligence, letting them focus on value accretion for their investors whilst identifying new opportunities for Alpha generation” said Har Pulak Bahadur, founder of intellimation.ai.