Pioneering the Future of AI-Driven Financial Modeling in Banking

Vector ML Analytics is an AI-powered financial modeling platform for banks. Vector offers an innovative solution that combines financial forecasting and planning with an integrated asset-liability management feature. One of Vector’s primary focuses is to support small community banks that may not have the resources to compete with larger institutions.

With a wealth of experience spanning more than a decade in the banking industry, I repeatedly encountered a recurring issue. It became particularly evident when two of the institutions I had worked for eventually went bankrupt. This experience prompted me to take a significant step in 2020 by leaving my job to confront this problem head-on.

Our approach involves providing state-of-the-art financial tools to these organizations, effectively addressing this issue. Through our efforts, we aim to level the playing field and cultivate a banking environment that is not only more inclusive but also highly competitive. Our mission is deeply rooted in social responsibility, which not only contributes to a more stable financial system but also transforms investing in Vector ML Analytics into a high-impact and socially responsible investment opportunity.

Our firm utilizes AI-powered financial models and object-oriented design (OOD) methodology to streamline financial modeling. We transform complex financial models into easily integrated libraries and functions, enhancing efficiency for clients. Our vision is to offer customizable “drag and drop” financial libraries with AI recommendations, saving clients time compared to Excel-based models. Vector competes on intelligence, simplicity, cost, and implementation time. Unlike competitors ‘ high-cost SaaS models, we remove unnecessary jargon and offer a cost-effective approach. Our modular approach levels the playing field for all financial institutions, promising to revolutionize the industry.

The capital raised from this round will primarily fuel our growth initiatives to scale our revenue from its current $110K ARR level to closer to $1 million ARR. To achieve this, we will focus on expanding our team of engineers and staff. A substantial portion of the funds will be dedicated to our engineering capabilities, facilitating efficient onboarding of new clients and enhancing our platform’s performance. We will also allocate resources towards customer acquisition, encompassing marketing, sales, and strategic partnerships, to attract new clients and broaden our market presence. The remaining funds will cover essential operating expenses, administrative costs, and ongoing platform maintenance.

The most challenging aspect of Vector ML Analytics’ growth is our inability to expand as rapidly as desired. This limitation affects our capacity to seize the current market opportunity and attract top-tier talent at an accelerated pace. To overcome this challenge, securing additional capital and the ability to grow at our desired rate is essential.

Our co-founding team at Vector ML Analytics comprises five dedicated individuals, each bringing a wealth of expertise to the company. I, Sadeq Safarini, serve as the CEO, with over a decade of experience in the financial industry. Jade Clarke, our COO, hails from a legal and marketing background and has played a pivotal role in building our customer pipeline. Alano Smit, our CRO, drives revenue growth and business development, forging strategic partnerships and client relationships. Phillip Morgia, our CTO, leads our technology direction, ensuring secure and scalable product development. Feras Khalil, our CIO, contributes technical prowess and innovation to our technology stack. We united through a strong working relationship that developed over several years, recognizing the synergy of our diverse skill sets and a shared vision for Vector ML Analytics. Additionally, our team benefits from a robust advisory board that includes some of the world’s top engineering, operations, and sales talent and industry leaders like Eric Ries, the author of “The Lean Startup.”

The culture at Vector ML Analytics is nothing short of dynamic and exciting. It’s a culture of innovation, collaboration, and unwavering dedication. We thrive in an environment that empowers our team members to think outside the box and push the boundaries of what’s possible in our field. Collaboration isn’t just a buzzword here; it’s the beating heart of our company.