Bank of America said on Monday that he presented a new feature on the CashPro mobile application, allowing US customers to access central capital market data supported by artificial intelligence.
The new tool, called Capital Markets Insights, is said to provide a team of Treasury and Financial Managers concerned with standardized market information and issuance, including AI’s trade evaluation driver (TED).
TED score uses market variables to measure conditions to issue an investment degree, providing customers an objective scale for the total environment before making debt issuance decisions.
“The financial manager and the couple who use the CashPro app to agree to payments are the same people who make debt issuance decisions,” said Tom Durkin, head of the world’s CashPro producer at Bank of America. “Capital Markets Insights deepens the application’s ability to enhance and simplify decisions to our investment customers.”
The service will collect the data pre -spread through emails, calls and external platforms, and to provide them in customized display methods directly in the application.
Bofa said that customers will be able to reach market statistics including TED degrees, version data on the same day, modern version data, and search for pricing secondary investment bonds.
CashPro, the digital banking platform in the American America, is already used by more than 40,000 commercial and commercial customers all over the world to manage the treasury, trade and credit, according to the bank.
“By digitizing the visions of capital markets within the application, customers will be able to dispose of quickly and efficiently based on the relevant market information,” said John Klein, co -chair of global investment capital markets at Bank of America.