INTESA SANPAOLO CHOOSES IGENIUS FOR GENERATIVE BUSINESS INTELLIGENCE AND ANALYTICS

Milan, 29 September 2023 – Intesa Sanpaolo, Italy's leading bank and among the largest in Europe, has chosen iGenius – a cutting-edge company that applies its generative AI technology to business intelligence (BI) – to implement its BI solutions.

iGenius is a platform that simplifies access to data using natural language, offering a customised professional configuration because it is built around the needs of the end user, including the automation of various functions.

Intesa Sanpaolo will thus adopt iGenius' generative business intelligence solution Crystal, already successfully tested within the Group through Fideuram Private Banking.

Crystal, based on state-of-the-art GPT technology, harnesses the power of generative AI to provide effective insights and decision-making tools, analyse large amounts of data and extract solutions to support decisions and projects. Intesa Sanpaolo will thus implement BI solutions to enhance its processes, improving its efficiency and overall productivity.

Marco Ditta, Head of Data & Artificial Intelligence at Intesa Sanpaolo, commented: "The use of artificial intelligence solutions, such as that proposed by iGenius, and big data is becoming increasingly established in the workplace and our company environment as a key to transformation and simplification. It is thus essential to adopt an approach in which humans are at the centre of projects and processes. Such an approach prioritises the needs of the organisation's people and proposes the use of technology to support and enhance professional skills; it creates a more efficient and effective working environment, where people participate in the design of new solutions and processes and are trained in the use of new technologies, thus contributing to the evolution of how work is done in this new era."

Uljan Sharka, Founder and CEO of iGenius, commented: "The partnership between Intesa Sanpaolo and iGenius shows where the future of work is headed, with advanced technologies such as generative BI playing a key role in driving business success and data-driven decisions. Both companies adopt a human-centric approach, with benefits for all stakeholders – and first and foremost employees and customers. In addition, iGenius and Intesa Sanpaolo are working to implement products with a focus on sustainability, introducing smart data processing methods that optimise the use of computational resources with green benefits for data centres."

Contacts for the media