Cognaize wins Business Intelligence Group’s 2024 Artificial Intelligence Excellence Award

The Cognaize company with Armenian founders has been awarded the 2024 Artificial Intelligence Excellence Award by the Business Intelligence Group.

“We are truly honored to recognize Cognaize with this prestigious award,” stated Maria Jimenez, Chief Nominations Officer for the Business Intelligence Group. “The unwavering commitment of their team to excellence and their innovative AI applications have catapulted them to this remarkable achievement. Congratulations to the entire organization!”

Al Eisaian, CEO of Cognaize, for his part, said that this award further emphasizes the company's leadership in the growing market and unsurpassed pace of innovation.

“I know I speak for our founder, Vahe Andonians, and the entire Cognaize team when I state that we are even more motivated and committed to living up to this award by continuing to push the envelope for what is possible when AI becomes the cornerstone for solving specific industry problems and meeting critical customers needs to ensure business success,” he said.

Cognaize is the first and only document automation solution to use hybrid intelligence to deliver on the promise of AI for financial services. It combines sophisticated financial models that have been trained on over 1.9 million financial documents, including loan applications, SEC filings, ESG-related documents, bank statements, presentations, or trustee reports, with human “experts in the loop” throughout the document automation process. Cognaize is designed from the ground up to address complex challenges for data scientists and deliver immediate efficiency to financial analysts.