Company News

7IM launches strategic AI partnership with leading AI firm Aveni to introduce transformational technologies to support client-centric growth

2 min read

Aveni has been selected by 7IM, the client-centric, technology-driven wealth and investment management business, as a strategic AI partner. The firm plans to leverage the technology as it accelerates growth following Ontario Teachers’ Pension Plan’s recent agreement to invest in 7IM.

7IM prioritises technology investment as fundamental to operational efficiency and enhanced client experience. The firm is committed to innovation and AI is central to business transformation and scalable growth. 7IM will deploy Aveni’s Generative AI and Natural Language Processing (NLP)-based technology platform to boost productivity of its financial advisers and wealth managers, and further strengthen its risk assurance capabilities.

The adoption of the latest advances in generative AI, NLP and large language models will allow the firm to fully harness the power of AI-technology to build a highly scalable operating platform, whilst providing unparalleled risk management and oversight. This is supportive of the FCA’s “data-first” approach, and in line with the FCA’s Consumer Duty regulations.

The AI-partnership will also see both firms collaborating on commercial opportunities to expand the application of AI technologies both within 7IM and across the broader asset and wealth management industry.

Jana Sivananthan, Chief Risk Officer at 7IM commented, “7IM is a business that has a long history of putting its clients first by staying at the forefront of technological innovation. This approach is reflected in the choice to partner with Aveni for strategic AI adoption.

“The recent announcement of Ontario Teachers’ intended acquisition of 7IM underlines our leading position in the UK asset and wealth management sector, and creates an exciting opportunity to invest in further business transformation and scale significantly. Fundamental to that is a highly scalable operating platform and data-first approach to managing risk. We have chosen Aveni as a partner that can help us achieve that.”

Andy Johnston, Aveni explains, “We’re in the initial phase of a technology revolution that will fundamentally change the industry over the next decade. This strategic partnership enables 7IM to deploy Aveni’s market leading AI-driven Client and Compliance tools, whilst working together to achieve transformational efficiencies across the whole value chain.”

Related posts

UK’s leading financial advice platform integrates generative AI for unprecedented automation   London, UK – 04 June 2024 –, an award-winning AI Fintech company, and intelliflo, a global leader...
Company News
Our co-founder and chief scientist Dr Lexi Birch is leading a newly approved EuroLLM project, utilising the Barcelona Supercomputer. The project was awarded 1.7M hours to help train large language...
Adviser productivity
Cavendish Online, part of Lloyds Banking Group, has partnered with, the Artificial Intelligence fintech business, to become one of the first protection distributors in the market to use AI...
Company News
Aveni has been selected by 7IM, the client-centric, technology-driven wealth and investment management business, as a strategic AI partner. The firm plans to leverage the technology as it accelerates growth...
Company News
Aveni has launched its Consumer Duty Board Report to provide Board members with the assurance that data requirements are being met. The demands of data-first supervision and the expectations of...
Company News
The broker and investment firm James Sharp has deployed technology from to ensure Consumer Duty compliance. It has moved quickly to adopt Aveni Detect, the AI and Natural Language...
Company News
We are excited to announce our membership of the Consumer Duty Alliance. Since our inception in 2018, we have been developing solutions utilising AI technology and incorporating the latest advances...
Adviser productivity
Today, we announced the release of a new platform: Aveni Assist. The GPT-powered AI assistant has been designed specifically for the financial advice market to transform administrative tasks, allowing advisers to...
Company News
Aveni has partnered with Delta Capita, a leading global capital markets consulting, managed services and technology provider, to advance their Consumer Duty offering by providing their clients with access to...
Company News, has been selected by Age Partnership, one of the UK’s leading Equity Release Advisory firms, to revolutionise its Quality Assurance systems setting new standards for customer service and outcomes.  ...
Company News
Aveni, has been selected by Schroders Personal Wealth (SPW) to transform its compliance function. Through the deployment of the Aveni Detect platform SPW will use the latest advances in Natural...
Company News
Aveni Detect is now available on the Genesys AppFoundry ™, a marketplace of solutions offering a curated selection of applications and integrations that elevate customer and employee experiences.   Developed...

Aveni’s platform uses the latest in NLP to transform productivity and risk oversight.

Scale compliance at a fraction of the cost

Cut financial advice admin from hours to minutes with Aveni’s AI assisitant

Aveni Assist

Get up and running with Aveni Assist and how it can help transform productivity and compliance. 

Aveni Detect

Get up and running with Aveni Detect and how it can help transform productivity and compliance. 

Read the latest articles from Aveni

Access our latest whitepapers, webinars, brochures and more

Jargon-bust your way to a better understanding of all things AI