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...

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