Advancing trustworthy AI solutions in financial services.
In brief:
- Stratiphy, an investment strategy builder technology firm that makes personalised investment solutions scalable, has announced the consortium it leads has been awarded a grant of £1 million from Innovate UK.
- The grant will be used by the consortium to accelerate the development and adoption of trustworthy AI solutions within the financial services sector. For Stratiphy, the additional funding will be used to enhance its personal investment management solution, by incorporating cutting-edge AI technology within it.
- As the lead applicant for the consortium, the company will enhance its focus in this area by expanding its team of AI specialists. This expansion will position the company to capitalise on new opportunities presented by the technology.
What does this mean?
Speaking on the announcement, Daniel Gold, CEO and Founder of Stratiphy commented: “We are thrilled to lead this consortium to deliver innovative AI technologies that offer high-value financial solutions. We have been joined by companies that are not only business leaders in their respective fields of wealth planning, pensions and structured credit, but also want to be at the cutting edge of innovation. By combining this commercial acumen with the deep expertise of our academic partners we aim to achieve important breakthroughs.”