Who Are We?
CogniFrame is The Hybrid Machine Learning Company. Its solutions use Classical Machine Learning and Quantum Optimization and Sampling to help financial institutions improve their Return on Assets. Using its pre-built cognitive engine, CogniFrame powers credit decisioning for a variety of lending products including loans, lines of credit, mortgages and trade credit. It works with or without credit scores and is integrated with a number of banking solutions.
CogniFrame algorithms leverage the power of Quantum Computing to derive optimized samples of potential optimal solutions for Asset Liability Management to help Financial Institutions improve their Return on Assets (ROA) on their Banking Book.
It is partnered with several institutions in Canada and Globally.
Partners, Clients and Investors
Stefanini is a USD 1.2 billion global IT services organization that provides IT managed services, systems integration and consulting. Stefanini is home to more than 24,000 employees with 96 offices in 40 countries. Stefanini group offer solutions such as Core banking platform, ATMs, Card processing, Internet and Mobile banking, Artificial Intelligence Chat bots, and much more. Marquee customers include Scotiabank Uruguay, HSBC, Santander, Citibank, Capital One, Bank of America and Bradesco along with another 650 active customers globally. It owns Total Systems, Uruguay which has deployed a core banking platform called Topaz with over 50 financial institutions worldwide. It also works with over 160 banks globally.
Founded in 1999, D-Wave Systems is the world's first quantum computing company and the leader in the development and delivery of quantum computing systems and software. Their mission is to unlock the power of quantum computing to solve the world's most challenging problems. Their systems are being used by world-class organizations and institutions including Lockheed Martin, Google, NASA, USC, USRA, Los Alamos National Laboratory, Oak Ridge National Laboratory, Volkswagen, and many others. D-Wave has been granted over 160 U.S. patents and has published over 100 peer-reviewed papers in leading scientific journals. D-Wave is a privately held company, with offices in Vancouver, British Columbia; Palo Alto, California; and Hanover, Maryland.
A leading technology partner to Canadian FI’s, promoting solutions that will enable digital engagement, deliver significant operational efficiencies and allow for the execution of an enhanced customer experience.
Established in 2004, thirdstream provides online and in-branch account origination solutions to credit unions, trusts and banks in Canada. Clients have a combined asset size of over $330 billion and more than 1.1 million account holders. The digital origination services are integrated with all the leading enterprise core banking platforms. Along with account origination solutions, thirdstream provides companion lending origination solutions: POS Lending by thirdstream provides an online solution where financial institutions extend real-time purchase financing to retailers, available online or on-location. thirdstream’s solutions bring together financial institutions and merchants to provide credit solutions to consumers at point of purchase. Consumer Online Lending integrates with financial institutions’ existing online presence or launches as a discrete brand. Financial institutions can accept consumer lending applications online to predetermined limits, with applications adjudicated and funded real-time. All of its solutions are built on thirdstream’s open API Identity Verification Platform, focusing on four areas, in partnership with established third parties. thirdstream’s solutions are live in over 30 Canadian financial institutions headquartered in six Canadian provinces.