GFT Launches Wynxx to Accelerate AI-Driven Digital Transformation for Financial Institutions

GFT Introduces Wynxx: AI-Powered Software Development for Financial Institutions

NEW YORK — GFT, a digital transformation company, has launched Wynxx, an AI-driven software development product aimed at accelerating cloud and AI projects for financial institutions across the U.S. and Canada.

As financial firms work to modernize legacy systems and expand AI capabilities, they face the challenge of balancing quality with cost efficiency. Wynxx addresses this by cutting the time needed to deploy cloud and AI solutions by up to 95%. For example, a global tier-1 investment bank used Wynxx to reduce a cloud deployment task from over a month to just one day.

Despite the clear benefits, fewer than 40% of financial institutions have fully committed to cloud environments. This is because digital transformation initiatives, such as cloud migration, demand extensive developer resources and can be complex to execute. Wynxx aims to ease this burden by reducing the developer time and resources required for these projects, enabling firms to move faster and more efficiently.

Accelerating the Shift to Cloud Environments

GFT collaborates with major hyperscalers like AWS and Google to build cloud environments tailored to each institution’s needs. Cloud migrations often take months or even years, leading many to adopt a slow, incremental approach. Wynxx shortens this timeline significantly, allowing organizations to focus on developing innovative AI solutions that leverage their new cloud infrastructure.

Improving Automation Updates

Automation tools in financial institutions—covering areas like fraud detection and anti-money laundering—are constantly evolving. However, updating these systems can be complicated, especially when code documentation is incomplete. Wynxx reduces the time needed for documenting code by over 90%, helping firms update automation workflows more quickly without sacrificing quality.

Integrating AI to Scale Manual Tasks and Boost Revenue

Rising demand for financial products such as private credit requires fast, accurate risk analysis. Many firms struggle to scale manual credit risk assessments without risking errors that impact revenue. Building proprietary AI systems tailored to internal risk controls is often too resource-intensive. Wynxx enables GFT to quickly develop custom AI solutions that integrate with existing systems and respect each firm's risk parameters, supporting scalable and accurate decision-making.

Christopher Ortiz, Regional CEO for North America, UK, and APAC at GFT, stated, “With Wynxx, we deliver the quality and customization our clients expect, but on a much faster timeline. This allows financial institutions to address pressing business challenges and explore new innovation opportunities sooner than before.”

Wynxx is part of GFT’s broader strategy to become a fully AI-centric company by 2025, embedding AI into both its internal operations and client services.

Financial professionals interested in enhancing their understanding of AI applications in finance might explore relevant AI tools for finance and latest AI courses available online.