ZUG, SWITZERLAND – October 17, 2024 –
Evalueserve, a leading global provider of technology-enhanced managed services for financial institutions, has been named a finalist for the Best Digital Solution Provider – LendTech at the 2024 Banking Tech Awards for its automated spreading platform, Spreadsmart.
For 25 years, the Banking Tech Awards have honored organizations, leaders, and technologies that have reshaped the landscape of banking and finance. Winners are selected by an independent panel of judges made up of experts in technology and innovation in banking.
The Best Digital Solution Provider – LendTech award will be granted to a lending solution that is built on modern technologies, has comprehensive functionality, and delivers clear and measurable improvements to its users.
Evalueserve’s Spreadsmart effectively replaces manual spreading processes with automated data extraction from financial statements to a configurable template. Leveraging a combination of AI, OCR, and custom algorithms, Spreadsmart delivers 70% efficiency improvements and nearly 100% final output accuracy.
“We’re proud to be recognized as a finalist for Best LendTech Provider,” said Saikat Gupta, Head of Automation and Products for Financial Services at Evalueserve. “Spreadsmart has significantly contributed to our clients’ lending transformations by automating labor-intensive manual spreading to boost productivity and deliver clean, accurate data. Being shortlisted for the esteemed Banking Tech Awards affirms the quality and impact of our solution.”
The winners will be announced at the awards ceremony on December 4th in London. The full shortlist can be found here.
About Evalueserve
Evalueserve is a global leader in providing technology-enhanced managed services to clients in the financial services industry. The company offers innovative and sustainable solutions, serving over 60 of the world’s largest financial institutions. With a presence in more than 45 countries across five continents, Evalueserve leverages state-of-the-art technology, domain-specific AI solutions, and deep subject matter expertise to enhance its clients’ strategic decision-making and business impact.
Contact us
For interview requests and any other information, please contact Allison Cornett at marketing@evalueserve.com.
