By: Maria Williams

After a successful invite-only beta test to private investment funds, virtual assistant alloan.ai has launched publicly to empower portfolio managers globally. The generative AI-powered platform addresses ongoing challenges for SME asset-based finance players by leveraging emerging technologies. alloan.ai aims to enable small players to make sense of their data with less stress. By deploying robust machine learning and AI algorithms, alloan.ai tests data and generates insights and accessible resources for producing cutting-edge investment strategies. 

Led by co-founders Anirudh Badam and Vijay Krishnamurthy and a team of dedicated advisors, alloan.ai is positioning itself as a leading provider of AI services within the asset-based finance community. Chief Technology Officer Anirudh and Chief Executive Officer Vijay forged the intelligent, adaptive virtual assistant after recognizing the setbacks in the finance industry. As technology continued evolving rapidly, small and medium-sized investment firms struggled to extract value from their data. These insights inform investment strategy, fueling competitiveness and innovation. Without access to them, firms began falling behind in the market. The ongoing evolution of AI and its use cases in finance was a secondary issue alloan.ai’s co-founder saw as problematic. 

“Due to the initial difficulty of making data and technology work for their funds, too many investment firms adopted a mindset of ‘if it’s not broken, don’t fix it’,” says Anirudh. “Their hesitance to positively disrupt operations with AI-powered solutions like alloan.ai hinders them from tapping into their full capabilities. We want to bridge this gap with a simple, yet powerful virtual assistant that will become vital to many funds globally.”

alloan.ai’s virtual assistant assists portfolio managers in extracting value from millions of data points. The smart companion shoulders the workload of large data scientist teams, enabling companies to access the benefits of data analysis with lower overhead costs. This democratization levels the playing field for smaller firms competing with legacy banks possessing significantly larger budgets. alloan.ai has achieved this feat by merging its co-founders’ decades of expertise in computing, commercial technology development, and investment strategy.

“alloan.ai empowers smaller players to create experiments with their data, generate shareable reports, and produce insights at the touch of a button,” says Vijay. “With less energy spent on data, portfolio managers can focus on what really matters: investment strategy.” Continuously adapting the value of a loan is vital for fund managers in changing macroeconomic conditions. alloan.ai’s main focus is to empower fund managers to achieve this through the virtual assistant. The AI service helps build and understand data sets, conduct future simulations, and generate an investment strategy.

As alloan.ai serves more investment firms, the company envisions a worldwide evolution in asset-based finance. AI will pioneer a smarter, more efficient future that pushes the boundaries of conventional investing strategies while the accessibility of alloan.ai’s tools will drive global impacts in underserved communities.

Published By: Aize Perez