Fx Agent

Open AI API
PDF Result Generation

About The Project

Industry :

Crypto Currency

Sector :

Foreign Exchange (FX) Services

Niche :

Financial Services

Country :

United States

Technologies:

Team Size :

Backend developer (1), Frontend developer (1), QA Project manager (1)

Initial Goal

The client approached us with a unique request: to enhance their existing website by integrating an AI-powered GPT agent designed to help businesses find the best FX (foreign exchange) benchmarks tailored to their specific needs. The goal was to provide users with a fast, intelligent, and easy-to-use tool that could streamline FX rate comparisons.

Pain Area

Complex FX Searches: Businesses struggled to navigate multiple FX providers and banks to find the best rates.
Time-Consuming Processes: Manually comparing FX options was inefficient and often led to missed opportunities.
Lack of Confidence in Decisions: Users needed a tool to validate whether they were getting the best rate or if better options existed.
Usability and Accessibility: The solution needed to be simple, quick, and accessible to users with varying technical expertise.

Development Approach

Understanding Requirements:

Collaborated with the client to understand the complexities of FX rate benchmarks and the data points required for accurate analysis.
Analyzed the workflow to ensure the AI agent could process user inputs efficiently and provide meaningful outputs.

Design & Development:

Integrated GPT-powered AI to analyze FX benchmarks by querying relevant FX providers and banks for public offerings.
Designed a clean, intuitive form for users to specify their FX needs.

Report Generation:

Automated the generation of rate benchmark reports, ensuring accuracy and speed.
Ensured that reports included actionable insights to help users make informed decisions.

Sustainability Measures:

Limited tool usage to once per day per user to maintain free access and prevent system overuse.

Deliverables Outlined

AI-Driven Feature Integration: Designed and implemented an AI-powered FX benchmark advisor that analyzed user needs, including currencies, countries, banks, and urgency, to deliver tailored rate benchmarks efficiently.

Dynamic User Input Form: Developed an intuitive form interface for users to specify detailed FX requirements seamlessly. Real-time data collection and processing improved overall usability and response times.

Performance and Scalability: Built a robust backend capable of handling high traffic volumes and delivering accurate, real-time results to users within seconds.

SEO-Friendly Structure: Optimized the platform for search engines while ensuring all interactive elements performed flawlessly across devices, enhancing discoverability and accessibility.

Challenges Faced

Data Fetching and Analysis: Building APIs to aggregate FX rates from multiple public sources was challenging, especially in ensuring consistency and avoiding data bottlenecks that could delay the tool’s response time.
Accuracy and Relevance of Results: Ensuring the AI agent recommended only the most suitable FX benchmarks tailored to user requirements was critical. Fine-tuning the model to prioritize relevant results required extensive testing and refinement.
GPT Version Discrepancy: A significant challenge arose from differences in performance between GPT-3.0 and the latest versions. While GPT-3.0 often produced inconsistent or less accurate results, the latest versions provided more reliable outputs. Balancing these discrepancies and ensuring the AI always leveraged the most accurate data source was a complex task.
Usage Limits Implementation: Introducing a once-per-day usage restriction while maintaining a positive user experience requires a carefully designed mechanism that balances accessibility with limitations.
Integration Complexity: Embedding the feature into the existing website without disrupting its speed, usability, or aesthetics requires a meticulous approach to ensure seamless operation across all devices and browsers.

Solution

Data Fetching and Analysis Optimization: Developed robust APIs that aggregated FX rates from multiple public sources in real time, ensuring accurate and consistent data delivery. Implemented caching and load-balancing mechanisms to eliminate bottlenecks and enhance response times.
Enhancing Accuracy and Relevance: The AI model was fine-tuned using custom datasets tailored to the FX domain. Additional layers of validation logic were integrated to filter out irrelevant or erroneous results, ensuring users received only the most relevant FX benchmarks.
Resolving GPT Version Discrepancies: To address the inconsistencies between GPT-3.0 and the latest versions, we transitioned to using the latest model exclusively for production.
User-Friendly Usage Limits: Introduced a seamless once-per-day usage restriction by tying the limit to user session data and secure identifiers.

Unique or Interactive elements

Designed to handle high volumes and mulitiple API requests without performance lags, offering a smooth experience to all users.

Success Story

AI integration

Quick turn around

Custom UI development

Business Impact:

The tool has become a valuable resource for businesses seeking better FX rates, enhancing the client’s credibility and user retention.
The client also reported a 35% increase in daily website traffic and a sharp rise in return users. The “once-per-day” usage model fostered continued engagement, with users returning regularly to benefit from the tool.