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Looking for financial advisers who are using AI in fact finds

Journalist: Hannah Smith, Freelance

ended 21. May 2023

Hello all. Looking to speak to financial advisers who are using AI in fact finds to help identify clients with vulnerabilities. It's for the CISI's journal The Review. Can offer quote approval for this one. Thanks! Hannah 

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We use AI, or as we call it hundreds of thousands of lines of computer code, in all our data work with our client's transactions. From automating client chases for items and data required to analysing their credit files and banking transaction data. We are currently tweaking our client vulnerability scale systems in readiness for Consumer Duty in August - this system will take snapshots of data from medical details, personal circumstances, existing financial arrangements, future financial arrangements, credit report data, bank statement data etc.