FlowX.AI: Empowering Banks to Build Modern Apps & Platforms

For the past 20 years, Ioan Iacob has been creating companies that build enterprise software.  In 2020, when he established FlowX.AI, he struck gold. 

FlowX brings AI to banking modernisation to enable what seemed utterly impossible only a few years ago: integrating thousands of disjointed systems into a single source of truth, and enabling unprecedented agility in developing streamlined omnichannel experiences.  

Banks can massively accelerate modernising applications and business processes without changing their existing infrastructure, giving business a much-needed agility and speed - and then can use FlowX.AI to consolidate underlying systems and infrastructure incredibly fast.

FlowX.AI: Why support the banking industry? 

FlowX.AI can modernise enterprises across many industries, so why banking? 

“Banking plays a vital role in deploying capital, stimulating growth and innovation in the economy, technology, and society. As a modern technology company ourselves, we want to help fuel further innovation in the economy.

“Equally important, we understand the tech people in banks. They are the unsung heroes pulling together civilization with whatever technology they have been handed, yet getting blamed for the end-user experience.”

Ioan adds: “Banks are under enormous pressure. They deal with regulatory changes and market requirements - partially driven by generational change, with trillions of dollars transferred across generations, and increased competition.” 

Banks have been historically captive between inflexible point solutions and massive custom development projects that often fail. FlowX.AI unlocks agile solutions in weeks instead of years, with massive operational savings. 

NBC: Recognising the high value of FlowX.AI

One FI seeing benefits from partnering with FlowX.AI is the National Bank of Canada (NBC). The bank is looking at leveraging FlowX’s AI Core and multi-agent strategy approach for accelerating the modernisation of hundreds of applications.

"We deliver the first-ever specialised AI built specifically for modernising large banks such as NBC, relying on a robust, novel architecture," Ioan concludes.

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