Aveni launches Aveni Assist to transform productivity in Financial Advice market
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 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 […]
AI’ll Grow Arms & Legs: Emergence
AI’ll Take Your Job
Join Joseph Twigg and Jamie Hunter, the dynamic duo of financial services and AI, as they unleash their wit and wisdom on the game-changing influence of recent AI development on the industry.
An Introduction to ChatGPT in Financial Advice
Our CEO Joseph Twigg was joined by Iria Del Rio, our lead NLP engineer to talk about the explosive rise of ChatGPT and other large language models, what got us here and what this means for the financial advice and services space. Watch the full webinar replay here. We’re witnessing history The […]
Beyond the basics: Debunking common QA assumptions in financial services
Quality assurance (QA) is a critical business function, ensuring that products and services are compliant with regulation and meet customer needs. However, there are some common assumptions about QA within the financial services industry which can limit the effectiveness of this function. In this post, we challenge some of these and highlight the importance of […]
Aveni partners with Delta Capita to power their Consumer Duty offering
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 our cutting edge AI technology solutions. Delta Capita currently offers tailored Consumer Duty consulting services, including readiness health checks, vulnerability policy and framework development, […]
Limitations of adopting chatGPT and other large language models in the financial services industry
There has recently been a lot of hype surrounding ChatGPT, and other large language models (LLM’s) and rightly so. Their extensive capabilities make them impactful for a wide range of use cases across various industries. According to ChatGPT itself, some of its most popular applications include customer support, content creation- it edited this post – […]
Age Partnership selects Aveni Detect platform to enhance customer outcomes and mitigate risks
Aveni.ai, 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. Following a successful pilot scheme, Age Partnership has deployed Aveni Detect, our AI and Natural Language Processing (NLP)-based technology platform, to increase oversight of […]
Demonstrating Consumer Duty Compliance with Technology – Key Takeaways from Aveni’s recent webinar
In our latest Consumer Duty webinar series,”Demonstrating Consumer Duty Compliance with Technology,” Joseph Twigg, CEO of Aveni, sat down with John Liver, Strategic Adviser at Kore and NED at Barclays, and Alan Blanchard, Head of Partnerships at VERMEG. They discussed the latest tech solutions in product and service governance, automated monitoring of Consumer Duty KPIs, […]
Schroders Personal Wealth adopts AI-based Aveni Detect platform to transform compliance function
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 Language Processing (NLP) to monitor client interactions and produce data-led evidence of compliance. SPW has selected this AI and NLP-based technology platform to sit […]
Human in the loop 101: what is it and why is it so important?
Financial services firms have been turning to Natural Language Processing (NLP) solutions to extract valuable insights from vast amounts of unstructured data. But even the most advanced algorithms can’t match the intuition and creativity of the human brain. That’s where “Human-in-the-loop” (HITL) comes in. You might be wondering, what HITL is and why it’s so […]
‘Dear CEO’ letter: The FCA highlights gaps in Consumer Duty Implementation plans
The FCA has sent its ‘Dear CEO’ letters to 8 sectors in the financial services industry, providing guidance on how to effectively implement and embed the Duty. The letter outlines four key components: A reminder of the implementation timeline and key elements of the Duty. Expectations for firms to embed the Duty, with examples […]
