TAMPA, Fla.– Trellance is reporting it continues to invest in AI technology, and is now delivering new natural language processing and generative AI -powered solutions to existing clients.
“Currently available to existing Trellance Predictive Analytics clients is Q&A functionality, which allows a user to type a plain language query and immediately receive a graph or table of the requested data,” the company said. “This new functionality allows for immediate access to insights without creating complicated, technical queries. The first release of Q&A is now available to existing clients, and a second release will be rolled out to all Data Warehouse customers later this year.”
‘Very Powerful Tool’
Trellance said the other AI project it is working on and which is in the laboratory phase has the potential to be a “very powerful tool” for credit unions.
“The solution is currently called CUReg-GPT, and it is a Generative-AI expert tool based on carefully curated sources that allows any credit union employee to have a conversation about regulatory guidelines, with contextual and summarized responses,” Trellance said. “This provides insightful information to credit union staff, enabling regulatory awareness and compliance. At this time CUReg-GPT is only available for private preview - subsequent versions will provide citation capability.”
According to Trellance, both initiatives are only part of the next phase of Trellance’s roadmap with AI, which it refers to as “augmented Intelligence” rather than artificial intelligence.
‘Not About Replacing People’
“A lot of people think AI will replace a human worker,” said Daragh Fitzpatrick, SVP-advanced analytics. “We don’t think of it that way – it’s not about replacing a human but augmenting how they do their job. AI is a force multiplier for realizing measurable business outcomes from complex data analytics assets, complementing our ‘last mile’ advisory and execution services.”
While Q&A and CUReg-GPT are available as part of the Analytics unit product offering, Trellance said the Talent and Cloud business units are also offering other AI-powered solutions for credit unions.
For additional information, go here.
How to Get the Daily CU News Headlines In Your Inbox Each Day, For Free!
The biggest, best and freshest news reporting in credit unions remains free in ’23! Each morning CUToday.info delivers its daily Fresh Today news update offering the latest headlines and breaking news right to your email, with the easy-to-read headlines format allowing you to click on the stories that interest you most in order to learn more.
If you haven’t yet signed up for the new email solution on which CUToday.info has partnered with ResponseGenius, you can do so here. Signing up requires less than one minute of your time—and it’s free!
Please note that after signing up you may need to go to your Spam/Junk folder and mark the morning headlines email as safe. CUToday.info does not provide its list of readers and emails to outside parties, and we will not be contacting you to sell you an extended warranty or sending you any links so you may cash in on an inheritance you didn’t know was coming.
And did we mention it’s free?
Please note and/or make your IT department or email administrator aware the emails will be coming from the domains CUTodayinfo.com and CUTodayinfoReply.com