The capital markets vertical is characterized by customization, with no two companies operating in exactly the same way. Back, middle, and front office workflows all need to be executed daily; and with each firm having its own set of brokers, accounting systems, and analytics tools, each company has its own operational nuances.
On the other hand, specialized technology companies serving this industry provide functionality that is difficult to customize. They offer a stack that solves a specific part of the daily operations of a capital markets company, but the functionality provided amounts to an “average” of the overall client needs. Only commonly found requirements that cater to the majority of clients are implemented and offered as a product.
Thus, when hiring a new service provider, the onboarding and implementation can be painful and time-consuming due to lengthy timelines, high switching costs, and inflexible systems. This leads many firms to avoid adopting new solutions altogether.
At Everysk, we bridge this gap by leveraging generative AI to deliver fully customized solutions, with the efficiency and speed of off-the-shelf platforms, minimizing the common pain points associated with long implementation timelines.
How AI and Automated Workflows Streamline Investment Operations
First and foremost, Everysk is a no-code platform that provides hundreds of core digital robots. These robots are built for purpose to serve capital markets use cases, and are time-tested by clients across the industry. Users leverage Everysk’s comprehensive library of core robots to build customized, automated workflows in areas such as:
- Pre and post-trade compliance
- End-of-day reconciliation
- Risk and liquidity monitoring
- Trade allocation
- Portfolio rebalancing
- Regulatory compliance
- Investment guideline monitoring
- And dozens more…
Our core robots eliminate the need for extensive coding, allowing users to build complex workflows without starting from scratch (See Appendix). However, for unique requirements beyond our core offerings, our LLM robots can build specialized robots to complement our core library.
Historically, when a client required custom functionality within a workflow, Everysk’s expert engineers and support team would assist in deploying the customization using a “For Developers” robot, i.e. a robot that accepts Python code and integrates with the rest of the client’s workflow.
More recently, we launched our own integrated Generative AI models to build these specialized robots. Instead of writing them from scratch, users prompt the desired functionality and ask for a named python function to be generated. The code is automatically injected into a newly minted robot, available in the client’s account to use within their workflows.
Boosting Development Speed and Efficiency with AI
Traditional development processes are often time-consuming and resource-intensive. Typical implementation times for large enterprise systems can take months if not years.
By integrating LLMs into our workflows, we can produce high-quality, production-ready code to create new robots within minutes. The LLM is also inherently aware of the tools, APIs, and resources available within Everysk’s ecosystem, enabling seamless integration into our client’s existing workflows.
Our expert developers and support team are available as needed to review and ensure these AI-generated robots meet the highest standards of quality and functionality.
Combining Expert Support with AI for Tailored Workflows
While AI plays a crucial role in creating new robots, the human touch remains indispensable. Our team of experienced financial professionals and developers assist our clients by meticulously reviewing and customizing each workflow to meet their specific requirements. This blend of AI efficiency and human expertise ensures that you receive solutions that are both powerful and precisely tailored to your needs. The automated nature of the solutions and our highly qualified support team remove the traditional pains of learning and onboarding a new system. Clients have the flexibility to choose their level of involvement, from hands-on configuration to fully automated processes.
Conclusion: Why AI-Powered Customization is the Future of Investment Operations
This innovative approach bridges the gap between ready-made and fully customized applications. Capital markets firms can accelerate the development and implementation time of custom developed solutions, making Everysk’s platform more versatile and responsive than legacy platforms. Once created, workflows are easily scheduled and put to work immediately with the full backing of a dedicated support team.
In summary, the pairing of a standard library of core robots with the ability to deploy specialized, LLM-generated robots, allows Everysk to provide the best of both worlds: the adoption speed of turn-key platforms, and a level of customization previously only available from consultant-led implementations.
Ready to experience the next generation of investment operations? Learn more about Everysk’s AI-powered workflows here.
Appendix: Core Robot Library Categories
- Integration: Robots that provide integrations with all major brokerage, administration, and custodial firms, allowing the data for positions, trades, NAV, cash accruals, etc. to be imported into workflows.
- Connectivity: Robots that allow API, FTP, and WebSockets connectivity to be set up in minutes for more customized integrations across third-party vendors or internal systems.
- Calculation: Robots that perform complex risk, liquidity, credit, and counterparty calculations using Everysk’s proprietary engines, models, reference and market data.
- Data Exploration: Robots that provide data exploration capabilities: filters, aggregations, and transformations of large datasets are performed seamlessly within the automated workflows. These data explorations can be performed with a slice of the data (POT: point-in-time) or with a series of temporal datastores for powerful trend analysis (using a rich library of available transformations, such as z-scores, total returns, moving averages, and many more)
- Logic & Limits: Robots that perform checks on data within specified ranges or limits, allowing complex logical and/or criteria to be created in minutes within a modern interface. Leveraged across use cases for compliance, data quality, reconciliation, portfolio monitoring, and more.
- Custom Reports: Robots that provide business intelligence reporting capabilities allowing beautiful dashboards to be designed in minutes and dynamically link data from the automations.
- Alerts: Robots that trigger the distribution of information, allowing deliverables to be placed in common distribution channels such as email, Slack, Teams, Zoom Chat, and many others.
