November 29, 2022
IBAT’s Peer Review of AIS Portfolio Services, LLC Fulfills Texas Community Banks’ Robotics with Artificial Intelligence (AI) Need
Originally released by Independent Bankers Association of Texas
AUSTIN, Texas (November 29, 2022) – The Independent Bankers Association of Texas (IBAT) is pleased to announce that AIS Portfolio Services, LLC (AIS) has been selected as the first IBAT Peer Reviewed Provider for its ability to deliver software robotics with AI. AIS develops solutions that integrate with core banking and ancillary systems, automating up to 80% of manual, repetitive processes, at a 99.4% accuracy rating. In situations where automation cannot be deployed, AIS relies on its highly skilled workforce that is 100% college-educated, with 30% holding secondary degrees.
AIS’s banking clients are focused on profitability, efficiency and growth. At the same time, these banks seem to share similar pain points such as staffing shortages, lack of budget for digital transformation, limited access to desired technical skill sets, and inefficiencies and inability to scale for business growth. Banks partnering with AIS can run back-office operations 24/7, reducing cycle times and improving scalability by leveraging automation and staff augmentation capabilities.
"IBAT is thrilled to bring this mark of designation to AIS as our first Peer Reviewed Provider,” said Christopher Williston, IBAT president and CEO. "Technology-enabled efficiency has been long-promised and rarely delivered to community banks. We believe that AIS can be a critical partner to help Texas community banks do more with the resources they have.”
About Independent Bankers Association of Texas:
Formed in 1974, the Independent Bankers Association of Texas (IBAT) represents Texas community banks. The Austin-based group is the largest state community banking organization in the nation with membership comprised of almost 5,000 banks and branches in more than 700 Texas communities. Providing safe and responsible financial services to all Texans, IBAT member bank assets range in size from $28 million to $51 billion with combined assets statewide of $296 billion. IBAT member banks are committed to supporting and investing in their local communities.
AIS is a Texas-based fintech firm committed to lowering operating costs, improving quality and reducing cycle time with back-office automation, high quality talent and standardized reporting and analytics solutions. AIS manages the day-to-day work so its clients can focus on growing their business. We review client processes, eliminate non-value adds, and enhance productivity. We build financial and legal technology to automate and optimize workforce performance. We recruit, train, and manage skilled human resources to meet staff augmentation needs. We serve a variety of industries including banking, automotive finance, credit card, mortgage, insurance, and telecommunications.