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

Dynamic Planner CEO on AI's role in 'trusted advice'

Dynamic Planner CEO on AI's role in 'trusted advice'

‘The challenge is that delivering advice is hard’

Isabel Baxter
clock 09 December 2025 • 6 min read
FCA reveals first group of financial firms to take part in AI testing

FCA reveals first group of financial firms to take part in AI testing

To deploy ‘safe and responsible’ AI

Cristian Angeloni
clock 03 December 2025 • 1 min read
Providers have 'clear role' to help advice firms with AI governance support

Providers have 'clear role' to help advice firms with AI governance support

Less than 5% of advisers have a full AI policy

Isabel Baxter
clock 02 December 2025 • 3 min read