This Wednesday, Wenalyze participated in the online edition of the Innovation & Fintech Forum by Forinvest. Carlos Albo, CEO of the company, presented the audience the services and particularities offered by Wenalyze to its customers. Albo’s presentation took place within the ‘Elevator Pitch Startup Valencia’ panel, that consisted of four-minute presentations by the ‘startups’ selected by the main accelerators of the ecosystem. In the case of Wenalyze, it was selected by GoHub Accelerator, the open innovation hub by Global Omnium that promotes a sustainable industrial digitization.

Wenalyze Forinvest Finntech and Innovation Forum, Startup Valencia

In his speech, Albo explained that “at Wenalyze we realized that large amounts of data are used, but these types of data not the right ones”. This is a fact that jeopardizes companies that use them, since “just useful data is the new gold in the financial sector, both for insurers and for banking.” In fact, he pointed out that the rate of inaccurate data in companies stands at 55%, even reaching 70%.

The CEO of Wenalyze said that for this reason “we help our clients to automate processes, improve risk selection and increase the quality of their data”, contributing to the digitization of these companies and analyzing sources in real time to determine risk ranges. Carlos Albo also recalled that the firm is working in Europe, Asia and the Americas.

Both Wenalyze’s presentation and more content of the Innovation & Fintech Forum by Forinvest are available in open access through this link.

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