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ABA: The American Bankers Association
Industry News

Automated Spreading in Banking: A Transformative Solution

The banking industry is rapidly evolving, and with it comes the need for new and innovative solutions to improve efficiency, accuracy, and productivity. One such solution is automated spreading, which uses optical character recognition (OCR), machine learning (ML), and Artificial Intelligence (AI) to automate the process of extracting data from financial documents and integrating it into financial analysis tools.

Vikar Technologies

Vikar is revolutionizing the way banks do business today. We are the only company providing software in which customers, lenders, branch managers, underwriters, KYC, and operation teams collaborate from a common interface across loans, deposits, treasury, and wealth management. Our Loan Lifecycle and Client Lifecycle Management software solutions save banks time and money by streamlining onboarding and lifecycle operations; allowing banks to efficiently onboard new clients & loans and grow revenue faster. The One Vikar solution is built with a holistic view of a bank’s business and completely integrates into the core banking system. Smarter Modern Banking: One Vendor, One View, One Vikar