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Amazon Kendra at banking document management system

Author

Listed:
  • Stanislav USTENKO

    (Kyiv National Economic University named after Vadym Hetman, Kyiv, Ukraine)

  • Taras OSTAPOVYCH

    (Kyiv National Economic University named after Vadym Hetman, Kyiv, Ukraine)

Abstract

Electronic document management systems have a great prospect of use in the banking sector, all information stored in electronic document management systems requires further analysis and processing, this involves the use of a machine learning service to build a semantic search result, which implies the presence of a search ser-vice with the thinking of artificial intelligence and the ability to provide links clearly reasoned answers. Such a service that satisfies the needs of semantic search is the Amazon Kendra service, the question of using such a service is more relevant than ever for the construction of modern banking products. Under such conditions, an important area of research is to assess the effectiveness of Amazon Kendra in the banking sector, which necessitates the development of a conceptual model for evaluating the effectiveness of banks to make management decisions aimed at improving the efficiency of individual banks and the banking system. Objectives: The purpose of this work is to improve the work of electronic document flow in the banking sector using Amazon Kendra to design an innovative banking product and develop the banking sector of Ukraine. Methods/Approach Scientific research methods – both comparative and analytical – is used in the process of drawing up of this article. Results: A semantic search system based on the bank's electronic document flow system was designed.

Suggested Citation

  • Stanislav USTENKO & Taras OSTAPOVYCH, 2023. "Amazon Kendra at banking document management system," Access Journal, Access Press Publishing House, vol. 4(1), pages 34-45, October.
    • Handle: RePEc:aip:access:v:4:y:2023:i:1:p:34-45
    DOI: 10.46656/access.2023.4.1(3)
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    References listed on IDEAS

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    1. Nilofer Hussaini, 2020. "Economic Growth and Higher Education in South Asian Countries: Evidence from Econometrics," International Journal of Higher Education, Sciedu Press, vol. 9(2), pages 118-118, April.
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      More about this item

      Keywords

      information and communication technologies; innovative technologies in the banking sphere; digitalization processes; bank activity; electronic document circulation system; innovative banking products; Amazon Kendra;
      All these keywords.

      JEL classification:

      • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
      • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
      • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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