7IM launches strategic AI partnership with leading AI firm Aveni to introduce transformational technologies to support client-centric growth
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 […]
Consumer Duty: three months down, a long way to go
We know that FCA’s Consumer Duty is a marathon, not a sprint. As FCA’s Director of Cross Cutting Policy & Strategy Nisha Arora reminded us recently, “The Consumer Duty is not one and done.” The purpose of Consumer Duty is to bring improved customer service and to ensure that consumers are receiving value […]
A-Z Journey of Adopting Aveni Assist
In a perfect world, financial advisers would only spend their time providing personalised financial advice to their clients. But, alas, we’re in the real world, where a good chunk of time is spent on completing repetitive administrative tasks for each advice case. There’s a never-ending loop of writing investment reports, populating CRM systems, firing […]
Aveni prepares the first Consumer Duty Board report template for Financial Services
Navigate the uncertainties of Consumer Duty with our free Consumer Duty Board Report Template. We all know that the Financial Conduct Authority’s (FCA) Consumer Duty regulations are now in effect. But two months down the line, are the regulations being implemented? How are we measuring the outcomes? To answer that, let’s refresh ourselves […]
Aveni launches Consumer Duty Board Report to demonstrate data compliance
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 quality and risk assurance which Consumer Duty mandates, places far greater responsibility on the Board and Aveni has designed this template to address that. The […]
A-Z Journey of Adopting Aveni Detect
Like us, you’ve probably noticed that generative AI is causing a productivity revolution. In order for this to be successful, your business needs to adopt domain specific solutions built for your industry, your challenges, and your workflows. This is what we’ve built at Aveni. We’ve combined years of Natural Language Processing and Financial Services […]
Optimising Customer Interactions: How Aveni Detect Analyses Customer Calls
We’re living in a world of tightening regulations and ever-changing business environments, where understanding and enhancing customer interactions has taken centre stage. If you analyse customer calls, you have an opportunity to deepen relationships, uncover hidden patterns, address client needs and concerns and ultimately elevate customer experiences. Seems pretty straightforward, right? But how do […]
3 ways generative AI could boost your financial advisors today
It wasn’t so long ago that the thought of receiving financial–or any–advice from a machine would feel like something from a film, and likely heavily caveated with warnings about the robot uprising (we’re looking at you I, Robot/Terminator). Yet 2023 has seen us embrace advanced AI (Artificial Intelligence) technology like never before. It can […]
Accurate AI for Financial Services: Aveni’s AI Models Lead the Way
Financial services institutions operating in today’s regulatory landscape face a myriad of challenges in ensuring compliance and quality assurance in their operations. To tackle these hurdles, Aveni has been at the forefront of developing advanced AI models to provide the best results for its clients. A model is an intelligent software system that learns […]
Brokers James Sharp implement Aveni’s AI technology to meet Consumer Duty vulnerability monitoring needs
The broker and investment firm James Sharp has deployed technology from Aveni.ai to ensure Consumer Duty compliance. It has moved quickly to adopt Aveni Detect, the AI and Natural Language Processing (NLP)-based technology platform to be sure its brokers and investment advisers are offering the right level of advice, that customer interactions are monitored properly […]
Aveni commits as member of Consumer Duty Alliance
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 in Natural Language Processing (NLP) to help the financial services market better meet regulatory requirements. With the introduction of Consumer Duty and the data-first […]
Aveni Assist
Aveni Assist, the GPT-powered AI assistant has been designed specifically for the financial advice market to transform administrative tasks, allowing advisers to focus on supporting a significantly greater number of consumers. This new product will enhance productivity by up to 3x for wealth and financial advisers, cut administrative tasks from hours to minutes, and demonstrate […]
