Base39 Leaps to Efficiency in Latin American Financial Services with Amazon Bedrock
Base39, a financial services company in Latin America, faced a challenge with a manual, costly, and slow loan analysis process which limited efficiency and approval rates.They transitioned to a serverless architecture using AWS technologies including Amazon Bedrock, Amazon S3, Amazon DynamoDB, AWS Step Functions, and MongoDB Atlas Vector Search, and integrated Anthropic's Claude 3.5 Sonnet and Claude 3 Haiku foundation models via Amazon Bedrock.The new AI-powered modular credit analysis solution reduced loan analysis costs by 96%, decision-making time from days to under an hour, infrastructure costs by 84%, development costs by 75%, and maintenance costs by up to 100%, enabling rapid model updates and continuous improvement.