Commencis launches new Turkish LLM targeting banking and financial services

EQS-Media / 16.05.2024 / 12:22 CET/CEST Firat Isbecer, Co-founder and CEO of Commencis

Developed with high-performance GPUs and tailored datasets, Commencis LLM exploits exceptional Turkish language capabilities and customization potential for financial services, with scalability across multiple domains including aviation, insurance, and telecommunications. Engineered to provide enhanced user experience and operational efficiency, Commencis LLM is designed to the highest security standards, offering on-prem installations to maintain exceptional data privacy.

ISTANBUL – Commencis, a leader in digital transformation technology, has introduced Commencis LLM, a Turkish-specific large language model (LLM) developed for banking and financial services. Trained with customized data sets tailored to meet the specific needs of these sectors, the model is designed to automate customer service, generate content, and analyze data for users and customers alike.

Commencis LLM was developed using sector-specific needs and customizable data sets and has the capability to improve user experience in critical functions such as live support and data analysis. The model’s versatility allows it to be customized and adapted across other sectors including aviation, insurance, and telecommunications, in addition to banking and finance. Developed to the highest privacy and security standards, the Language Model comes with an on-prem installation option, allowing companies to use Commencis LLM with full security within their own infrastructure.

Language model with highly advanced Turkish language skills

Commencis LLM is the product of extensive research and data production and training activities on language models such as Llama 2, Mistral, Zephyr, and OpenChat 3.5. During its development, the Commencis engineering team executed extensive optimization on Amazon Web Services’ high-performance GPUs (graphics processing units) over three months. As a result, a language model with highly advanced Turkish language skills emerged, capable of supporting an AI based chat assistant that can respond to user requests and handle question-answer capabilities in various fields, particularly in banking and finance.