7IM will provide artificial intelligence (AI) for its financial advisers and wealth managers for an “enhanced client experience”.
The decision comes as part of 7IM's strategy to accelerate growth, spurred by a recent investment agreement with the Ontario Teachers' Pension Plan. As part of the initiative, 7IM selected AI fintech business Aveni.ai as its AI partner and will deploy Aveni's generative AI and natural language processing (NLP)-based technology platform to "further strengthen its risk assurance capabilities". The adoption of the latest advances means 7IM can work on building a "highly scalable operating platform", which it said is in line with the Financial Conduct Authority's "data-first" approach. ...
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