Turning to AI for Optimizing Your Data Movement

There is plenty that human beings can do well, and yet there is little we do better than growing on a consistent basis. This progressive approach, on our part, has already got the world to hit upon some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the right goods. The same has grown increasingly evident over the recent past, and assuming one new fintech-themed development shakes out just like we envision, it will only make that trend bigger and better moving forward.

Flatfile, the pioneer of AI-assisted data exchange, has officially confirmed the launch of its brand-new Flatfile Data Exchange Platform, marking industry’s first extensible platform for file-based data import. According to certain reports, the stated platform is designed to help developers build fully customizable and powerful workflows that address a whole assortment of those file-based import requirements. By doing so, it basically ensures faster, secure, and more accurate data availability across the board, all while also cutting back on the costs. But what are some granular level features that will hit the deck as a part this new solution? Well, we begin from its extensive API and code-based plugins collection. This collection has the means to facilitate value-packed data imports, validation, transformations, and workflows so to provide development teams that ultimate extensibility access.  Notably, the API collection in question is also supported on the back of an event-driven architecture which fits into most tech stacks. Anyway, next up, we dig deeper into the platform’s advanced import functionality. Owing to the said functionality, users can collect any file type from any type of data source conduct AI-powered data matching, automated formatting, data clean up and validation, as well as expedite human-in-the-loop reviews and approvals. Another feature that enhances the platform’s prospects is ability to thrive at a big scale. Such a capability covers support for rigorous compliance and security standards, very large file support, parallel processing, load balancing, and multi-region data storage etc. Complimenting the whole value proposition is an intuitive user experience which is visible in each and every aspect of the platform whether it is the workbook-style data editing, microsites-protected collaboration or any other facet.

“Ridgeline has been an early adopter of Flatfile’s Data Exchange Platform the past six months. Flatfile has helped us efficiently migrate data from 30+ year old, on-premise legacy software into Ridgeline’s modern industry cloud for investment management. Asset Management is one of the last industries to experience the tangible benefits of industry cloud; Flatfile is helping Ridgeline and our customers turn the vision into reality.” said Brian Stone, VP of Customer Success at Ridgeline.

Founded in 2018, Flatfile’s rise to prominence is essentially orchestrated by the way it has mastered the art of AI-assisted data exchange. The company’s excellence in what it does can be validated from the fact that the likes of AstraZeneca, Square, Sage, and plenty other big players use Flatfile to conceive  enterprise-scale, intelligent, file-based data import solutions, increase developer productivity, reduce cost, and also unlock better overall data quality.

“Over the last 5 years, we have heard from thousands of organizations and their development teams and their wide range of requirements and workflows,” said David Boskovic, Founder and CEO of Flatfile. “Instead of trying to create yet another one-size-fits-all tool that would inevitably be limited, we set out to create a platform that enables any developer to build the ideal solution for their specific needs. The release of the Flatfile Data Exchange Platform opens up entirely new options for companies looking for data file import solutions that support their business.”