Report

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

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Page printed in November 12, 2024. Plase see https://www.feedzai.com/resource/buy2build-ai-platform-approach for the latest version.