DataStax has announced that Bud Financial is using its Artificial Intelligence (AI) platform, built with NVIDIA technology, to accelerate financial data classification by tenfold.

This partnership enhances customer experiences, enabling organizations like ANZ to improve lending efficiency while leveraging Bud's transaction enrichment technology.

By incorporating NVIDIA's tools such as Triton Inference Server and NeMo microservices, Bud Financial has reduced latency and costs in its services compared to traditional CPU-based systems.

Bud Financial is also set to integrate additional NVIDIA technologies into its Drive Copilot, a tool designed for no-code data analysis and customer segmentation. This will provide insights into customer behavior, risk management, and campaign performance.

ANZ utilizes Bud’s technology to streamline its lending processes, enhancing its financial management offerings to customers. Bud's proprietary large language model (LLM), enhanced by NVIDIA’s computing capabilities, aims to provide quick and accurate financial solutions.

Michael Cullum, VP of Engineering & Data at Bud Financial, stated that their collaboration with DataStax and NVIDIA allows the company to deliver real-time insights for clients, improving customer experiences significantly.

Ed Anuff, Chief Product Officer at DataStax, noted the importance of AI in transforming financial services and how their platform supports high-performance applications for companies like Bud Financial.