Model Office launches adviser AI chatbot to support firms

Helps advice firms with governance, risk and compliance challenges

Isabel Baxter
clock • 1 min read

Regtech business Model Office has released a new version of its artificial intelligence (AI) chatbot to support advice and wealth management firms’ governance, risk, and compliance challenges.

The chatbot - MO 2.0 - uses open AI ChatGPT and is trained across cyber secure resources built by Model Office including the Financial Conduct Authority (FCA) handbook and other regulatory directives and resources. The new features of the updated chatbot include generative AI to deliver guidance across the FCA handbook including the Consumer Duty, tailored conversational responses including relevant URL resources based on user queries, signposting professional services that can help with global compliance and reporting (GRC) advice and guidance, a tailored version that can be adapted for...

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 Business

All the advice firm acquisitions that have taken place in 2026

All the advice firm acquisitions that have taken place in 2026

Keeping track of the ongoing consolidation in the advice industry

Professional Adviser
clock 20 October 2026 • 4 min read
The advice failures that happen between teams

The advice failures that happen between teams

'Advice, technical work and administration support the client, while culture shapes what happens between them'

Mark Buck
clock 15 October 2026 • 5 min read
Catalyst Partners on the advice market M&A continuum

Catalyst Partners on the advice market M&A continuum

Acquirers eyeing £500m firms are ‘fishing in a very shallow pond’

Jenna Brown
clock 09 October 2026 • 8 min read