Case Study: a leading financial services company achieves stronger banking security and efficiency with NexGen Cloud’s Generative AI solution

Using Generative AI for Software Security in Banking

A leading global bank was struggling with an overwhelming volume of millions of daily security alerts, a high rate of false positives, and inefficient processes that consumed up to 80% of developer time. To address this, they turned to vendor NexGen Cloud for a Generative AI-based solution.

NexGen Cloud implemented a GenAI system that automated security controls across the software development lifecycle, provided advanced threat triaging to prioritize critical risks, and automated routine security protocols. The results were a dramatic reduction in alert volume, freeing developers to focus on innovation, and enhanced operational efficiency, all contributing to a significant return on investment calculated through a risk economic model.