Tiger Brokers has announced the launch an AI chatbox which is the first of its kind across the brokerage industry.
Known as TigerGPT, the service is the industry’s first AI-powered investment assistant, aimed at providing intelligent decision-making support for investors.
The Singapore-based company has been beta testing the platform’s vast array of online capabilities since April this year, and it is now believed that it can produce sentiment market analyses.
Henry Toh, CFO, Tiger Brokers said: “We recognise the crucial role AI plays in the investment industry today and its potential for future growth, which is why we developed TigerGPT — to revolutionise the investor experience on a larger scale.
“Users no longer need to rely solely on keyword searches or sift through vast amounts of information to find relevant and concise content, which can be time-consuming.
“With TigerGPT as their AI investment companion, users can now enjoy a whole new dimension of the interactive experience, empowering them to make more informed and intuitive investment decisions.”
The chatbox’s litany of market-tailored features means that it can even offer multi-turn conversations, meaning that it can retain previous information and continue to develop meaningful advice as the market shifts based on your ongoing dialogue.
This latest AI-based movement across the InsurTech space, continues a trend highlighted by the Investor Index earlier this year, which claimed that 73% of UK investors would trust ChatGPT for future financial advice.
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