Suria Yang, a serial fin-tech entrepreneur, starting her career in software development, followed by investment banking and investing, founded FIR.ai in Sunnyvale, Silicon Valley after her last exit. The company offers CYPREX, an AI-powered platform that allows financial institutions to manage and discover high-value data and improve their decision-making. Having received an overwhelming response from pilot clients for the easy plug-in and easy access to high-value data, Suria and her team expanded their footprint to China to cater to the specific needs of the Asian financial market.
The financial market in Asia is still maturing unlike the U.S. While financial institutions are excited about the prospect of using advanced data-driven technologies, lack of expertise and IT infrastructure is posing significant challenges for them to innovate faster. With fast development in the areas of natural language processing and deep learning, FIR.ai aims to leverage the trend and build cutting-edge solutions and services for their clients from the financial industry. Team FIR.ai brings to bear its ten years of expertise in machine learning and knowledge graph to build an enterprise solution that delivers context intelligence and can transform disconnected and unstructured data points into a story. “Through our platform, we help financial institutions overcome the traditional barriers to innovation by streamlining data aggregation and analysis; we make financial data access and understanding easy,” says Suria.
At its early development stage, FIR.ai offered customized solutions to its first few clients. The company carefully plans the necessary steps of action to help its customers reach their business objectives by effectively managing the entire customer engagement and service delivery. Now, CYPREX can also serve its prospective clients with different combination of modules.
With a growing customer base, FIR.ai is sprinting ahead in full steam. Suria and her team are dedicated to further their R&D in the areas of natural language understanding and knowledge representation that will enhance the capabilities of the platform. The company is also aiming to serve clients that are not limited to financial institutions but also from other industries, and build new solutions to solve most of their challenges.