Aveni unveils domain-specific AI poised to 'reshape financial advice delivery'

Backed by Lloyds and Nationwide

Sahar Nazir
clock • 1 min read

Aveni has today (19 May) released the first version of its domain-specific large language model (LLM) FinLLM, designed specifically for the UK financial services sector – a move the fintech firm said, “marks a transformative moment for financial advice”.

Speaking to Professional Adviser, Aveni CEO Joseph Twigg said FinLLM not only helps advisers meet today's compliance and efficiency demands but also plays a key role in driving cultural adoption of artificial intelligence (AI) – both within advisory firms and among clients. The model is the product of six months of development by Aveni Labs and is underpinned by strategic investment from Lloyds Banking Group and Nationwide, whose involvement influenced both the model's technical build and governance approach. Twigg said FinLLM could transform financial advice by helping advisers navig...

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 Technology

FE Fundinfo launches AI assistant for advisers

FE Fundinfo launches AI assistant for advisers

Part of updates to Nexus for Financial Advisers platform

Sophia Panayi
clock 13 August 2026 • 2 min read
Is the FCA ignoring an obvious breach of the regulatory perimeter?

Is the FCA ignoring an obvious breach of the regulatory perimeter?

'There are genuine legal complications'

Gareth Fatchett
clock 11 August 2026 • 5 min read
Some UK top advice firms invisible to AI platforms – research

Some UK top advice firms invisible to AI platforms – research

‘Advisers aren't unaware of this at all’

Sophia Panayi
clock 11 August 2026 • 3 min read