Question 1

What is Abacus AI?

Accepted Answer

Abacus is an enterprise AI platform designed specifically for banks, credit unions, insurance companies, and other regulated industries. Unlike general-purpose AI tools, Abacus provides on-premise deployment options, SOC 2 Type II compliance, FINRA compliance, and bank-grade security to meet the strict regulatory requirements of financial services.

Question 2

How is Abacus different from other AI platforms?

Accepted Answer

Abacus is purpose-built for regulated industries. Key differentiators include: on-premise LLM deployment for complete data sovereignty, built-in compliance frameworks for FINRA, SOC 2, and HIPAA, real-time AI validation and audit trails, and integration with existing banking core systems. Unlike cloud-only AI solutions, Abacus keeps sensitive data within your infrastructure.

Question 3

Is Abacus compliant with banking regulations?

Accepted Answer

Yes, Abacus is designed from the ground up for regulatory compliance. The platform is SOC 2 Type II certified, FINRA compliant, and supports HIPAA requirements. Abacus provides comprehensive audit logging, data lineage tracking, and model governance features required by financial regulators.

Question 4

Can Abacus be deployed on-premise?

Accepted Answer

Yes, Abacus offers flexible deployment options including fully on-premise, private cloud, and hybrid configurations. This allows banks and financial institutions to maintain complete control over their data while leveraging advanced AI capabilities.

Question 5

What is Abacus used for?

Accepted Answer

Abacus is used by banks, credit unions, insurance companies, and healthcare organizations to automate customer service, compliance checking, document processing, and knowledge management. Abacus provides secure AI assistance while maintaining regulatory compliance.

Question 6

How much does Abacus cost?

Accepted Answer

Abacus pricing is customized based on your organization's needs, deployment model, and usage requirements. Contact the Abacus sales team for a personalized quote and free demo.

Question 7

Is Abacus better than ChatGPT for banking?

Accepted Answer

For banking and regulated industries, Abacus offers significant advantages over ChatGPT including on-premise deployment, SOC 2 certification, FINRA compliance, banking core integrations, and complete data sovereignty. Unlike ChatGPT, Abacus never trains on your data.

Question 8

Why is the company named Abacus?

Accepted Answer

Abacus is named after the Chinese abacus (suanpan), one of humanity's most significant computational innovations. For over 2,000 years, the Chinese abacus served as the primary calculating tool across Asia. Like the traditional Chinese abacus that delivered accurate calculations, our platform provides precise, reliable AI validated by rigorous compliance frameworks.

Question 9

What is the connection between Abacus AI and the Chinese abacus?

Accepted Answer

The Chinese abacus (suanpan) represents principles that guide our platform: intuitive operation, verifiable results, and universal accessibility. Just as the Chinese abacus transformed ancient commerce and administration, Abacus AI transforms modern enterprise operations with the same core values of speed, accuracy, and reliability.

Abacus.AI | AbacusAI - Enterprise AI Platform for Banks and Financial Services

Why Abacus.AI? Our Chinese Abacus Heritage