SBI Neo Financial Services and AntWorks Announce Joint Venture to Provide Intelligent Automation to ASEAN Market Through SBI Antworks Asia - Seite 2

SBI Antworks Asia will enter into an exclusive business alliance agreement with AntWorks on operations in East Asia and Southeast Asia, thereby assisting the sale and introduction of its products.

Japan must pursue operational rationalization urgently as a nation that is now beset with labor shortages against the backdrop of a shrinking working-age population. In this respect, by leveraging AntWorks products, SBI Antworks Asia will provide solutions for such social challenges, while assisting customers who want to rationalize operations.

SBI Neo Financial Services Representative Director, Yoshitaka Kitao, commented, "AntWork's platform uses AI for CMR and RPA on their platform which enables the machine to recognize unstructured data. This Intelligent AI is the next generation RPA technology. It will realize the true automation in the office just like it happened in factories in Japan in 1950's and 1960's. Japan is now facing the labor shortage because of the decrease in population. Intelligent RPA is the solution to this situation. SBI Neo Financial Services is going to deliver this technology not only to the regional banks but also other companies in Japan. Moreover we are ready to bring this intelligent RPA to Asian countries through our bases in the region. This will accelerate the growth of Asian countries by increasing the productivity of operations in companies."

AntWorks CEO and Co-Founder, Asheesh Mehra, commented, "I am very excited with signing of this Joint Venture as it strengthens the relationship between SBI and AntWorks. This partnership will enable the accelerated penetration of the East Asia and Southeast Asian marketplaces for AntWorks and will bring to the forefront the strength of the AntWorks' ANTstein Enterprise Intelligent Automation Platform." Mr. Mehra also added, "With the deep relationships SBI hold, this partnership will enable AntWorks to be part of the significant change that will take place, both at an enterprise-level, and in future back office operations, in delighting its customers in the region using a digital workforce."

About SBI Neo Financial Services  

SBI Neo Financial Services is an affiliate company of SBI Holdings, and aims to drive further diffusion of innovative technologies towards various users, such as regional financial institutions of Japan through SBI Group's experience and insight on online finance. SBI Neo Financial Services' objective is to contribute to regional revitalization through relationships developed between regional financial institutions and the SBI Group, by utilizing innovative services of SBI Group companies and Fintech companies from around the world.

About AntWorks  

AntWorks^[TM] are a global, artificial intelligence (AI) and intelligent automation company; creating new possibilities with data through digitization, automation, and enterprise intelligence. As the World's only platform that understands every data type, ANTstein digitizes every bit of information for a diverse range of industries. By creating human-like bots in a low-code / no-code environment, ANTstein innovates new ways to automate complex processes. AntWorks' solutions power up enterprises with accurate insights through an integrated, intelligent, technology stack that automates and learns independently. Put simply, it accelerates the new, constantly. ANTstein is also the first and singular Enterprise Intelligent Automation Platform powered by fractal science principles and pattern recognition.