Buy2Build AI Platform Approach
Buy vs. Build is the Wrong Debate for Risk Management Platforms, Think Buy2Build
Should an FI build its own machine learning platform for risk in-house, or is it better to buy a ready-made fraud prevention or financial crime compliance solution? The choice between buy and build has been a long-running debate when it comes to choosing the right machine learning software for fraud prevention.
While both options have legitimate pros and cons, there’s a better approach: Buy2Build. With Buy2Build, financial institutions can enjoy the benefits of both scenarios.
Our new report, Beyond Buy vs. Build: Introducing Buy2Build for Financial Institutions, explains how this hybrid approach offers greater flexibility and cost savings for financial institutions.
Read the report to learn:
- Why Buy2Build’s key advantages include faster implementation and time-to-value
- Success stories from other companies who have pursued a Buy2Build approach, including Atlassian, Stripe, and Santander UK
- A cautionary tale from a well-known entertainment provider about building your own platform
- The key criteria to consider when selecting a Buy2Build vendor
Download the Report!