AI Efficiency for Banking & Investment

Achieve 30% more efficiency in assessing loans and investments

Stop letting slow risk assessments hold back your growth.

Traditional risk assessment and underwriting assessment processes can take weeks, or even months, and are prone to errors.

The result?

Missed opportunities, wasted time, and precious dollars down the drain.

With Sphere, lending and investment decisions become faster, smarter, and cost-effective. Achieve up to 30% time-efficiency by eliminating manual tasks. Automated data analysis reduces errors, ensuring reliable loan risk assessments and accurate asset evaluations, so you can make confident, data-driven decisions every time.

Liberate your team from time-consuming documentation. Focus on activities that drive revenue, improve customer service, and open doors to new growth opportunities.

AI-driven risk and underwriting assessments

No-more second guessing. Minimize errors with reliable and accurate assessments.

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Use Cases

Accelerate Underwriting with AI-Powered Risk Assessments

Traditional underwriting processes are slow, taking weeks to evaluate risks due to manual data analysis. AI agents and machine learning algorithms can automate data analysis, document validation, and risk evaluation. Sphere has achieved over 35% efficiency improvement, reducing underwriting time from weeks to days for a client.

Accelerate Underwriting with AI-Powered Risk Assessments

Automate Client Communication for Faster Loan Approvals

Delays in gathering missing client information prolong the loan approval process. AI assistants can automatically identify missing information and send prompt requests to clients. Sphere has reduced information-gathering time by 40%, expediting loan approvals and improving customer satisfaction for a client.

Enhance Risk Management with Predictive Analytics

Difficulty in quickly detecting risky behaviors due to delayed data analysis hinders proactive risk mitigation. Machine learning and predictive analytics can analyze data in real-time. Sphere has identified risk patterns within a day instead of weeks, allowing for proactive risk management for a client.

Increase Efficiency in Underwriting Through Document Summarization

Underwriters spend excessive time reviewing lengthy documents to assess risks. AI can generate quick summaries of multiple documents for faster evaluation. Sphere has saved 35% of underwriters’ time, enabling quicker decision-making and increased productivity for a client.

Boost Investment Analysis with AI-Driven Insights

Investment decisions are hampered by time-consuming data analysis and risk evaluations. AI can automate data analysis and provide actionable insights. Sphere has improved investment decision-making efficiency by 30%, leading to better portfolio performance for clients.

Reduce Errors in Risk Assessments with Automated Data Validation

Manual data entry and validation lead to errors in risk assessment reports. AI algorithms can automate data validation and error checking. Sphere has minimized errors, ensuring reliable risk assessments and increasing trust in the process for clients.

Streamline Compliance Checks Using AI

Compliance checks are complex and time-consuming, delaying processes. AI can automate compliance verification against regulatory requirements. Sphere has reduced compliance verification time by 35%, ensuring timely adherence to regulations for a client.

Enhance Customer Experience with AI Chatbots

Customer inquiries overwhelm support teams, leading to delays and dissatisfaction. AI-powered chatbots can handle routine customer queries and support. Sphere has improved customer satisfaction by 40%, freeing up staff to focus on complex issues for clients.

Predict Market Trends with AI for Better Strategic Planning

Companies struggle to anticipate market changes due to data overload. AI and machine learning can analyze market data and predict trends. Sphere has enabled proactive strategic planning, improving competitiveness and growth for clients.

Our work

The 5 Pillars of Implementing a Successful AI Strategy in 2024

Is Your Organisation Planning to Invest in AI? What Are the Markers of Success in AI Implementation?

Discover with Our Checklist in the White Paper.

“Companies that have adopted AI successfully have proven to beat their competitors in revenue and market share by more than 10%.”
—Mario Schwarts, Data Practice Director, Sphere Partners

This sums up the why behind the AI adoption race. We/ (You and I know), without a doubt, that Artificial Intelligence (AI) can take your business to the next level and turn your data into actionable insights.

But the most important question remains – are you ready for AI? And if yes, how do you align AI in your existing processes to extract real value out of your data?

In this whitepaper, we dive deep into concepts to help you identify and overcome the obstacles in your AI strategy. Transitioning into a data-driven organization is not a final destination, but a journey. Get the complete picture of building for the future, the challenges you may face and overcoming them to find business success.

Download the Whitepaper

Hear from

our clients

Hear from our clients

Lee Ebreo

VP of Engineering at Credit Ninja

These things would not have been achievable if we did not build our own in-house system and if we did not partner with Sphere to help us achieve our goals.

Selah Ben-Haim

VP of Engineering at Prominence Advisors

Our experience with Sphere and their team has been and continues to be fantastic. We keep throwing new projects at them, and they keep knocking them out of the park (including the rescue of a project that was previously bungled by another vendor).

Ben Crawford

Senior Product Manager at Enova Financial

I would expect to be delighted. It's been a really positive experience, working with Sphere, and I would expect you to have the same.

Mark Friedgan

CEO at CreditNinja

Sphere consistently prioritizes the needs of their clients, demonstrating both agility and teamwork. As an offshore team, they have been an integral part of our organization and we plan to continue growing with them.

René Pfitzner

Co-Founder at Experify

Sphere provided excellent full-stack development manpower to augment our team and help push our product forward. They are easy to work with, tech-savvy and proactive.

Bruce Burdick

Chief Information Officer at Integra Credit

We've been working with Sphere and its excellent consultants since our founding. I've found that they are true partners in the success of our business.

Jemal Swoboda

CEO at Dabble

The resources and developers that Sphere Software provides are skilled and have the required technical expertise, but more importantly, they have helped us build a culture of excellence within our team.

Arthur Tretyak

Founder and CEO at IntegraCredit

With Sphere, we were able to migrate in half the time it would take to train an additional FTE… and for a fraction of the cost. Our experience with Sphere has been exceptional.

Lee Ebreo

VP of Engineering at Credit Ninja

These things would not have been achievable if we did not build our own in-house system and if we did not partner with Sphere to help us achieve our goals.

Selah Ben-Haim

VP of Engineering at Prominence Advisors