7IM partners with fintech to deploy artificial intelligence

‘AI is central to business transformation and scalable growth’

Sahar Nazir
clock • 1 min read

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. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

How Parmenion is fuelling platform growth amid adviser fragmentation

How Parmenion is fuelling platform growth amid adviser fragmentation

Platform's soft skills training, switch service and Consumer Duty alignment cited as key drivers of adviser engagement

Sahar Nazir
clock 28 August 2025 • 3 min read
Former Titan Wealth employee convicted of harassing senior staff

Former Titan Wealth employee convicted of harassing senior staff

Judge orders mental health assessment ahead of sentencing next month

Sahar Nazir
clock 28 August 2025 • 3 min read
Reeves eyes landlord tax raid in Autumn Budget

Reeves eyes landlord tax raid in Autumn Budget

To address £40bn hole in public finances

Sahar Nazir
clock 28 August 2025 • 3 min read