Persistent Systems Achieves Databricks Specialization for Financial Services

Persistent Systems has achieved Databricks Brickbuilder Specialization focused on the Financial Services, Banking, Securities, and Insurance (BFSI) sector. This recognition allows the company to enhance the development of governed artificial intelligence solutions for financial services firms.

The specialization reinforces Persistent Systems' capability to combine industry expertise, governed data, and production engineering. The objective is to improve risk management, fraud detection, and customer decision-making within the financial services industry.

The company has previously announced its strategic partnership with Databricks, aiming to build AI-driven solutions that comply with stringent regulatory requirements while boosting operational efficiency.

Persistent Systems states that adopting governed AI in the financial sector is crucial for addressing escalating regulations and cybersecurity threats. This specialization will assist clients in leveraging AI securely and responsibly.