Advertisment

3i Infotech Services: Altiray Introduces AI powered Next-gen ‘Conversational Services’

3i Infotech Limited unveiled its latest service offering, ‘Conversational Banking’ at the recently concluded American Banker event in Colorado Springs, US. 

author-image
PCQ Bureau
New Update
3i Infotech

3i Infotech Limited unveiled its latest service offering, ‘Conversational Banking’ at the recently concluded American Banker event in Colorado Springs, US. 

Advertisment

Voice & chat which are central to conversational banking and advanced analytics such as channel interaction analytics and voice mining are integrated into this solution to increase cross-selling and minimize channel attrition leading to a friction-less omnichannel experience.

Conversational Banking is a part of Altiray’s ‘Omnichannel Solution - Conversational Services’ and is powered by Artificial Intelligence. The solution provides a 360 degree and holistic approach to converse with customers and enhances their experience.

The voice-led omnichannel solution finds easy application across various industries like banking, insurance and healthcare. It demonstrates how a customer initiates simple or complex transactions, such as applying for a loan or insurance, checking account balance or renewing policies etc.

Advertisment

Further, using voice interaction and if necessary continue through other digital channels like the bot, mobile and portal. It converses with customers, understands requirements, captures requisite data and pre-populates forms where possible and uses social media like LinkedIn or bank aggregators as the source.

Speaking on their Next-gen offering, Mohua Sengupta, EVP and Global Head of Services, 3i Infotech said, “Following the recent rebranding of our services business unit to Altiray, we are pleased to announce one more innovative offering from our stable, which is poised to be a game-changer in the industry.

This further reinforces our commitment to help enterprises in their digital transformation journey. What this service provides, essentially, is to allow banks to have seamless interactions with their customers. We have also forayed into Conversational Insurance and Healthcare to extend these benefits to insurers and healthcare providers.”

The key features of Omnichannel Conversational Services include Security, Dialoguing, Persistence and Open API. Here, there is no device dependency. The approach to the conversational services is to use Q&A to answer generic queries; use cognitive services to answer intelligently; interface with the right backend system through APIs to get responses; create NLP based responses and present to chat client; and handoff to human interactions at the appropriate time during conversations.

3i-infotech conversational-banking altiray
Advertisment