KLC Financial implements Tamarack Technology’s artificial intelligence platform

KLC Financial implements Tamarack Technology’s artificial intelligence platform

National equipment leasing and finance company KLC Financial Inc. has implemented Tamarack.ai, an artificial intelligence (AI) platform from Tamarack Technology.An element of KLC Financial’s growth strategy, the company is using the fully-integrated AI tool to increase efficiency and accuracy of its decision-making. For KLC Financial, the next step in the implementation of Tamarack.ai is the use of the platform’s prediction capabilities in the automation of processes to further drive digital integration across the organization.

Designed specifically for the equipment finance industry, Tamarack.ai helps reduce capital risk through analysis and learning gained from operational data that reflects an institution’s business processes, the company noted. The Tamarack Technology team worked closely with KLC to identify the data universally available across past transactions and built it into the model. The Tamarack.ai system is implemented to draw data from all KLC’s digital systems–past and present–for the last five years of business.

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