Tag: Generative AI
Industry experts shed light on AI’s transformative role in finance
While many see generative AI as the superpowered technology stack that can do everything, it might be better placed to serve as the orchestrator for other systems.
GenAI in UK Finance: Balancing innovation with risk management
A UK Finance survey has revealed that a majority of UK financial services firms are actively piloting the use of GenAI.
The AI revolution in wealth management: Balancing automation with human insight
In the dynamic landscape of today's wealth sector, artificial intelligence (AI) stands as a pivotal force of change. This transformative era marks the confluence...
MAS spearheads Generative AI framework with new MindForge project
The MAS has recently completed the first phase of Project MindForge, an initiative focused on establishing a risk framework for GenAI within the financial sector.
Revolutionizing asset management: Aiviq’s data transformation capabilities
Asset managers are increasingly recognizing the importance of judicious investment in differentiators to drive AUM growth. WealthTech company Aiviq, has observed that due to...
NatWest and IBM collaborate on GenAI initiative to enhance customer experience
NatWest, a prominent UK-based bank, and IBM, the renowned technology giant, have joined forces to upgrade NatWest's virtual assistant, Cora.
Insurance automation firm Sprout.ai secures £5.4m
Sprout.ai, an "AI-led insurance claims automation company", has successfully secured an investment of £5.4m in a recent investment round. Spearheading this round were notable...
BlueFlame assemble strategic advisors to advance GenAI solution
BlueFlame AI, the generative AI platform tailored for alternative investment managers, has unveiled its distinguished panel of Strategic Advisors.
Oscilar unveils industry-first generative AI powered platform for fraud prevention
AI fraud detection company Oscilar has introduced a industry-first generative AI platform designed for fraud prevention.
From high-quality aggregated data to open banking support – How ByAllAccounts...
Despite data being the lifeblood of wealth management, many firms lack complete and clean datasets. Brian Costello - head of data strategy and governance at Morningstar Wealth - recently sat down with FinTech Global to explore how ByAllAccounts is helping wealth technology enterprises, platforms and the wealth managers they serve improve their use of data.