EZOPS – Leading AI-powered data control & automation platform driving transformative operational efficiency for financial firms

The Silicon Review

EZOPS harnesses the power of Machine Learning (ML) and Intelligent Process Automation to revolutionize data control and drive transformative efficiency gains at some of the world’s largest financial services institutions. The company has blended decades of financial services experience with cutting edge technology to eliminate age-old inefficiencies across the full range of market participants, asset classes and business processes. From plain vanilla assets to the most complex derivatives, the EZOPS platform delivers quantifiable business value within months of going live. The customers manage tremendous scale and complexity day in and day out, and EZOPS offers comprehensive functionality they need to manage the four pillars of operational data control – reconciliation, research, remediation and reporting – all powered by Machine Learning and smart workflow management.

The power of A.I. in any user’s hands

Hyperautomation: According to Gartner, firms must deliver hyperautomation—end-to-end automation beyond RPA—by combining complementary technologies to augment business processes. EZOPS' platform is purpose-built to deliver hyperautomation for financial firms. Empower business users to take charge and accelerate results. The use of ETL, machine learning, IPA, reconciliation, workflow and reporting works seamlessly to magnify enterprise- wide results. A.I.-enabled automation is not a black box solution—to be meaningful, it must be purpose-built to address the complex nature of the financial industry. EZOPS’ low code framework makes it easy for users to automate the source of most inefficiencies—manual data quality remediation—paving the way to automating other repeatable tasks throughout the data lifecycle. Armed with insight garnered from Curie, users can easily configure custom Bots and connectors to automate any repeatable task. Includes tasks generated from legacy or third party applications that can be transitioned to achieve quick productivity wins. Stop users from leaning on excel spreadsheets and macros to carry out repetitive data transformations required to complete operational tasks. Predict root cause for data exceptions with very high accuracy—dramatically improving the speed in which exceptions are resolved. It can be applied to native EZOPS’ processes or to data from third party or proprietary systems. Further boosted by IPA—When coupled with EZOPS IPA, Curie can automate both the identification of and remediation of breaks.

User-defined Technologies: For decades, users have relied on standalone Excel-, Access-, or SQL query-based tools to manually onboard, aggregate, transform, enrich or reconcile data and manage business processes—at the peril of serious business risks. EZOPS not only permits replication of all spreadsheet-based mathematical functions but also has the added benefit of audit history, version control and integrated automatic data transformation, enrichment, and built-in workflow and reporting functionality. This results in a robust, standardized solution, delivering a single version of the truth—factors that are vital in generating accurate reports and making solid business decisions for key executives, managers, and users. EZOPS drives versioning, audit history, user permissions, and collaboration. All repeatable activities can be automated—from fetching, validating, transforming, and calculating data to informing and instructing workflow. Convert and normalize data into a useable tabular form from any source or format including—Excel, XML, text, FIX/SWIFT or proprietary formats. Before sending data to downstream systems, Data Modeler makes sure that it conforms to the requirements needed and attests to the sanctity of the data—alerting users to any potential breaks.

Regulatory and Compliance: Banks have continually struggled to comply with Dodd Frank, MiFID, EMIR, and other regulations resulting in heavy fines and a hit to their reputations—there is no room for additional costly mistakes. Furthermore, institutions lack systems that provide a front-to-back view of all transactions with integrated compliance rules, workflow, reconciliation, and reporting capabilities. Track QFC, EBC, and KPIs for Part-43 and Part-45 of CFTC regulations. Ensure compliance for CFTC, Finra, NFA, FCA, and ESMA mandates. Confirm in real-time if SWAP doc initial and variation margin docs were signed prior to trading with new counterparties by pinging relevant systems. Check for over-, under-, and misreported data submission to trade repositories and reconcile with internal data. EZOPS offers the industry’s only self-service platform that enables end users to resolve simple and complex recs with no IT help and are deployed on a flexible on-prem and hosted basis. From cash products to Total Equity-like complicated products, Nostro, FOBO, period- to month-end and refresh recons, to suggesting proposed matches—their platform supports it all. It maximizes efficiencies across the lifecycle—from low code pre-recon data ETL to using machine learning to automate break research and resolution with integrated reporting capabilities.

Sarva Srinivasan | Founder and CEO

Sarva is a serial entrepreneur and a fintech ideator. With more than two decades of experience in early stage companies and founding startups in US and India, he has harnessed emerging technologies to solve complex problems for financial enterprises across the globe. Sarva has a B.Tech in Computer Science from IIT-Madras, and holds a Post Graduate Diploma in Management from IIM, Bangalore.