risk
Tamarack Technology, Inc., has hired equipment finance technology veteran Greg Henderson to support the company's new artificial intelligence (AI) offering. In his role as Systems Operations Manager, Henderson will provide development, operational oversight and support for clients implementing the Tamarack.ai cloud-based platform, products and services.
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Tamarack Technology, Inc. has launched its artificial intelligence (AI) offering. Tamarack.ai is a business intelligence and productivity platform that applies machine learning and AI to continuously and autonomously help institutions reduce capital risk through analysis and learning gained from operational data.
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Historically, we experienced the concept of real-time data in analog systems like driving a car and heating or cooling a house. But digital has changed the value of real-time data because it makes that data portable, accessible and more usable. Equipment finance in the days of analog – paper contracts and accounting spreadsheets – had little use for real-time data. But in a digital world, the value of real-time data is increasing and we must learn to take full advantage.
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For some curiosity is natural and instinctive. But others must learn how to learn - just as children do in their early years when they are encouraged to ask questions. The complexity of modern day business and pressures to conform to operational tenets can diffuse the clarity that comes from questions and learning.
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As the equipment finance industry evolves, technological advancements must explore emerging technologies as a solution to greater control of risk.
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