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Architecht and Microsoft Turkey Meet to Shape the Finance of the Future

The event titled "AI and Security in Financial Transformation," organized in collaboration between Architecht and Microsoft Turkey, brought together leading figures in the financial sector at Microsoft Turkey's headquarters. During this significant event, the latest developments in generative artificial intelligence for the financial sector were discussed in detail. The event, which attracted significant attention from finance executives, also showcased Architecht's work in artificial intelligence and the impactful security solutions offered to the banking and finance sector by its PowerFactor product.

At the event, jointly organized by Architecht, a provider of innovative solutions for the financial world, and tech giant Microsoft Turkey, the focus was on the importance of AI and security in the financial sector. The event began with an opening speech by Microsoft Turkey’s General Manager, Levent Özbilgin, followed by presentations from Microsoft’s vice presidents on the latest developments in AI and generative AI. Architecht CEO Ökkeş Emin Balçiçek also spoke at the event, explaining the use cases of generative AI in global finance and Architecht's AI-focused areas. Highlighting that they are following an AI-supported path in Architecht’s technology modernization journey, Balçiçek stated that they have increased their AI efforts in areas such as source code and documentation generation, source code transformation, semi-autonomous software development, customer assistance, employee assistance, conversational banking, and synthetic data generation. He also shared with the participants the impacts of Architecht's security product, PowerFactor, in this field. Balçiçek emphasized how PowerFactor addresses the increasing need for digital security in parallel with the rapid advancement of AI and how the product complies with regulations. The event provided participants with valuable insights, focusing on the challenges and solutions in the areas of AI and security in the financial sector.

PowerFactor Stands Out with Its Critical Security Features for the Financial World

PowerFactor is a product that provides multi-factor authentication and mobile application security in the financial sector. Financial institutions can use PowerFactor to securely and effectively authenticate their users. Given the growing threats of cyberattacks and fraud in recent years, along with advancements in AI, the security features offered by PowerFactor are of critical importance to the financial world. This product protects users’ personal and financial information, ensuring the security of mobile application transactions and elevating security in financial operations to the highest level. Additionally, by complying with regulations such as those set by the Central Bank of the Republic of Turkey and the Banking Regulation and Supervision Agency (BDDK), PowerFactor offers financial institutions a legally secure solution. As a result, institutions in the financial sector can improve both customer satisfaction and transaction security through PowerFactor’s versatile security solutions.

PowerFactor Meets the Security Needs of the Financial Sector in Compliance with Regulations

Architecht CEO Ökkeş Emin Balçiçek stated, "In the rapidly evolving financial world, AI has reached a new level. This event we organized in collaboration with Microsoft Turkey provided new perspectives on AI and security in the industry. We explained in detail how our PowerFactor product impacts the financial sector and addresses security needs. In this period of increasing cyber threats, our product plays a critical role by providing security and compliance solutions to financial institutions. This event, held together with Microsoft Turkey, served as a reminder to industry professionals and participants of the importance of generative AI and security strategies, and emphasized the need for us to take solid steps together towards the future."

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