OnCorps AI, a leader in delivering production AI solutions for financial operations, announced a strategic partnership with PIMCO, a leading global asset management industry investment management firm. The partnership will enable the asset management industry to securely share sophisticated algorithms developed by OnCorps AI, with the expert guidance and fine-tuning from PIMCO experts.

For over five years, PIMCO and OnCorps AI have collaborated to develop AI solutions designed to optimize financial operations, enhance efficiencies and minimize risk in accounting oversight and middle office reconciliations. These innovations have allowed PIMCO to enhance the accuracy and transparency of its accounting and investment operations. OnCorps AI has just released a groundbreaking feature that enables the secure sharing of pre-trained algorithms. PIMCO professionals have been working with OnCorps AI machine learning specialists to train and fine-tune algorithms for several years. This means other firms can benefit from these algorithms in production today. Moreover, the feature will deliver other firms alerts on common issues as well as benchmarking on root causes and operational performance.

Bob Suh, Founder and CEO of OnCorps AI, said, "PIMCO has always taken a leadership position as an innovator in products and technology. Our long-term work with PIMCO has helped us enhance our algorithms, which are now ready for use across the financial services industry. These pre-trained models, developed alongside PIMCO and other major asset managers, allows everyone in the industry to leverage solutions refined from years of PIMCO's feedback."