Tag: AI

With Consumer Duty coming into law this year, with 31 July being the date it officially comes into force - how can firms ensure compliance?

In a time where AI is revolutionising industry after industry, the increasing need to automate compliance is becoming more sought after.

 SteelEye, which claims to be the first and only integrated surveillance solution, has integrated ChatGPT into its compliance platform.

Generative AI has taken the world by storm in just a matter of months. As companies look to assess whether the technology could transform their operations, will wealth management become a natural home for it?

The rise of AI has been an ongoing and slow-burning process for a number of years now. While the technology is disruptive by nature, the recent introduction of ChatGPT by OpenAI has taken the world by storm.   

SESAMm, which develops natural language processing (NLP) technology for global investment firms, has raised $37m for its Series B2 funding round.

While natural language processing (NLP) solutions are helping financial services extract valuable insights from unstructured data, Aveni warns there is the need for human-in-the-loop (HITL).

Quantexa, a developer of decision intelligence (DI) solutions, has acquired Ireland-based Aylien, which builds NLP and advanced AI tools for data to collect, analyse and understand unstructured data.

Robin AI, a generative AI startup, has scored $10.5m in a funding round headed by investor Plural.

NeoSwap AI, an AI-powered NFT trading startup, has closed its pre-seed investment round and bagged $2m.