Team Covalent gathered up to celebrate the independence day of our beloved country Pakistan and together they launched Skunkworks & inaugrated their new facility The Hub.
Skunkworks is an even more agile division within Covalent that specializes in using Ai to deliver innovative products in days and weeks. They have quickly signed up multiple large enterprises and have delivered industry first innovative products in a matter of days & weeks.
Skunkworks has created & launched Ava – an omni channel virtual assistant powered by Generative Ai with built-in intent recognition, voice in, voice out, easy integration using APIs, ability to learn about the organization & its services on the go, enhanced persona management. All built using banking grade security measures that are a hallmark of Covalent. One of the large and progressive banks in Pakistan and a digital bank in Middle East have already launched it for their internal users and are in the process of commercially launching it in days.
Skunkworks has also created & launched Chequemate – an omni channel digital cheque & signature verification suite again built using the power of Ai. It directly integrates with the core system of any bank and enables straight through processing of cheques digitally of the customers from anywhere in the world. It has capability of verifying multiple signatures, cheque attributes, MICR reading, enhanced OCR and much more.
One of the largest banks in Pakistan is already integrating it with their digital channels and core. Chequemate recently won the award at APICTA – Asia Pacific ICT Award and the P@SHA ICT Award for its industry first & innovative idea & technology suite.
Covalent’s new inaugrated facility – The Hub is designed to give a conducive environment towards creative thinking, where the employees will feel at home while designing and delivering newer and innovative products. With everything from fresh coffee to snacks to facilities to play sports within the facility, Covalent has created this with love for the real asset of the company – its employees.
Covalent has also started work toward creating the first in-country Global Integrated Operations Centre serving its existing customers in Pakistan, Iraq & Africa. The board & management of Covalent appreciated the hardwork & the innovative approach undertaken by the entire team at Covalent.