The financial industry faces unique challenges in software management, including dealing with legacy systems, maintaining code security, and ensuring optimal performance. Artemis AI addresses these challenges head-on, offering a suite of tools designed to transform how financial institutions develop and maintain their codebases.
The Challenges of Managing Financial Software
- Overcoming legacy system limitations
- Ensuring code security and compliance
- Optimising performance
- Simplifying code management and debugging processes
Artemis AI
Artemis AI harnesses the power of GenAI combined with proprietary genetic optimisation techniques to offer a suite of capabilities to refactor, upgrade, and optimise code underlying financial applications.
1. Enhancing Financial Software Efficiency and Security
Problem:
Financial institutions often struggle with legacy software systems written in outdated programming languages. These systems are hard to maintain, prone to security vulnerabilities, and not optimised for current technological standards. Maintaining and upgrading these systems is both time-consuming and costly.
Solution:
Artemis AI’s Code Upgrade functionality allows financial institutions to easily update their code to the latest language version. This feature enables a seamless transformation into the latest features of a coding language, enhancing maintainability and compatibility with current technologies. Code Upgrade ensures that new inefficiencies are not introduced into upgraded codebases, ensuring they run at optimal performance.
Benefits:
- Code resilience: With Artemis AI and its code upgrade feature, users can easily update their codebases to the latest releases of languages and libraries. This improves code performance while addressing any vulnerabilities, ultimately increasing the resilience of code bases.
- Code Debugging: Post-upgrade, Artemis AI can analyse error logs and fix bugs that emerge from the upgrade process, ensuring a smooth transition.
- Cost and Time Efficiency: By automating the upgrade process, financial institutions save valuable time and resources, allowing them to focus on core business activities.
2. Streamlined Code Management
Problem:
Financial analytics tools require constant updates and improvements to handle large volumes of transactional data efficiently. However, finding and rectifying inefficiencies or bugs in a vast code repository is a daunting task for developers, often leading to delayed updates and decreased performance.
Solution:
Artemis AI’s code search and chat features enable developers to quickly find specific segments within a vast code repository and interact with the codebase efficiently through a chat interface. Furthermore, it also allows developers to ask and get answers to general questions about coding from the web without leaving Artemis AI. This capability is complemented by Artemis AI’s code optimisation, which identifies and rectifies inefficiencies at scale.
Benefits:
- Enhanced Productivity: Developers can swiftly locate and interact with the necessary code segments, significantly reducing the time spent searching for inefficiencies and refactoring code.
- Optimised Performance: Artemis AI optimises code performance to ensure that the financial analytics platforms run efficiently, handling large data sets without performance lags.
- Improved Code Quality: Regular debugging and security checks maintain high standards of code quality, crucial for sensitive financial data processing.
3. Robust Security for Financial Transaction Systems
Problem:
Financial transaction systems are prime targets for cyber-attacks. Ensuring the security of these systems is paramount, but identifying and fixing security loopholes in a large and complex codebase is challenging.
Solution:
Artemis AI’s Code Refactoring and Code Upgrade functionalities offer a proactive approach by continuously scanning the codebase for potential security vulnerabilities and suggesting necessary code changes to fortify these systems. Artemis AI also has built-in testing options such as unit tests and compilation tests to strengthen the reliability and validity of the code changes and the codebase.
Benefits:
- Enhanced Security: Continuous monitoring and updating of the codebase significantly reduces the risk of cyber-attacks.
- Operational Reliability: Automated refactoring ensures that the financial transaction systems are always robust, maintaining trust and reliability for users.
- Cost-Effective Security Maintenance: Automating the security checks and debugging processes reduces the need for extensive manual oversight, leading to cost savings.
As financial software challenges evolve, solutions like Artemis AI empower institutions to streamline code management, improve security, and optimise performance. By leveraging GenAI and genetic optimisation, Artemis AI offers a comprehensive suite to tackle financial software complexities, enabling institutions to maintain a competitive edge.
