Microsoft has unveiled new AI models tailored specifically for different industries, promising to redefine how businesses handle operational challenges.
These adaptations, part of Microsoft’s Phi family of small language models (SLMs), are set to be a game-changer for industry-specific applications, focusing on enhancing performance across various sectors.
The new models, which will be accessible through the Azure AI model catalog, allow for the creation of custom AI solutions within Azure AI Studio or directly from partners. Additionally, these can be employed to configure agents in Microsoft Copilot Studio, facilitating the deployment of AI-powered agents tailored to address critical industry needs.
Of particular note is the collaboration with Saifr, a RegTech venture within Fidelity Investments’ innovation incubator, Fidelity Labs. Saifr introduced four new models that promise to transform the landscape of regulatory compliance for financial institutions. These models will aid in managing the compliance of broker-dealer communications and investment adviser advertising.
The newly introduced models by Saifr include the Retail Marketing Compliance model, which identifies potential regulatory compliance risks in text, and the Image Detection model, which does the same for images.
There is also a Risk Interpretation model that explains why certain content was flagged, and a Language Suggestion model that proposes alternative, compliant wording. These tools collectively aim to enhance regulatory oversight and streamline compliance processes, potentially reducing the time to market and boosting efficiency for financial institutions.
Keep up with all the latest FinTech news here.
Copyright © 2024 FinTech Global
