Axyon is a company based in Modena and specialized in the use of artificial intelligence, particularly in that of deep learning applied to the financial sector. It currently offers two products: SynFinance, dedicated to the syndicated loan market, and IRIS dedicated to the world of asset allocation.
Giacomo Barigazzi, CCO of Axyon, explains that “both products are based on our own proprietary platform. We use it internally to be fast and effective in testing different models based on deep learning and finding what is optimal for the specific case in use “.
Last fall, Axyon closed an investment in which ING bank and Unicredit took part as well as some angel investors mainly involved for their networking
Last May a company, completely controlled by Axyon, was opened in England, “to better serve the market in Europe, especially for our product on syndicated loans” however Barigazzi explains that the objective, for the next year, is to extend their business in the United States; the following year in Asia.
2019 will also be the year in which Axyon increases its presence in Europe. For this reason, its team plans to take part in international events uniting the world of technology and the financial sector such as Money 20/20, in Amsterdam in June, and the Paris Fintech Forum, in January.
“We will also take part in all the events organized together with our partners IBM and Nvidia. These are important events because they offer us the opportunity to present our offer by directly speaking to the customer “.
Operating in areas of the financial sector that are difficult to reach, Axyon has also chosen to become part of the Fintech District community with a specific goal: “to seize all opportunities to get in touch with potential partners, investors and customers”.
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