Akoni

Category: Startup

Vertical: Banking; Capital Markets

Website: www.akonihub.com

Description: 

Akoni is a digital cash treasury manager, ensuring maximum returns through the portability of cash and cash management tools. This presents dual benefits in the current market: to Banks — addressing Open Banking risks to business loss; in addition to the Basel Ill Liquidity upside, and by increasing income relating to a languishing business asset, cash. Decisions are based on client and market analytics, and a matching algorithm creates the bespoke portfolio of deposit products with automated re-allocation. Leveraging machine learning and artificial intelligence, Akoni provides levels of certainty relating to cashflow projections, company/sector data analytics and technology integration.