09 May 2024

Stratiphy leads £1mn consortium

Written By FinTech Alliance in A.I.

Stratiphy leads £1mn consortium

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.”

 

Read more here.

Up Next ...
01 November 2024

Mollie and Hyvä announce strategic partnership, launching Hyvä Commerce

Mollie, a leading financial service provider, has partnered with Hyvä, ...

01 November 2024

CBI partners with Zumo to advance innovation in sustainability of digital assets

Commercial Bank International (CBI) in the UAE has partnered with ...

01 November 2024

Causal, key player in the financial planning and analysis market, becomes part of the Lucanet Group

Lucanet, a leading provider of CFO software solutions, has acquired ...

30 October 2024

LSEG Risk Intelligence unveils two new verification solutions to combat advanced fraud techniques globally

LSEG Risk Intelligence has introduced two cutting-edge verification tools to ...

More in A.I.

Meet Cleo, London based FinTech

14 May 2024

Using AI to close in on unicorn status In brief:Suddenly, all ...

ComplyAdvantage acquires Golden

25 April 2024

Bolstering financial crime intelligence.In brief:- ComplyAdvantage, known for its advanced ...

Tifin hires Brooke Juniper as CEO of its AI investment platform Sage

18 March 2024

Tifin hires ex-BlackRock MD Brooke Juniper as CEO of its ...

Klarna's AI chatbot does the work of 700 full-time humans.

29 February 2024

Klarna says its OpenAI-powered chatbot is doing the equivalent work ...

White Papers A.I.

Retail Banking: The Scope of AI Within Financial Services

12 January 2024

Just as AI and machine learning (ML) swept through the industry bringing automation and disruption,....

White Papers A.I.

Comarch on: Knowledge is power – the role of AI in building loyalty in finance

27 April 2022

What you will find in this useful free e-book:Our e-book discusses the role of artificial intelligen...

Articles A.I.

It’s time to get excited about boring AI

30 June 2021

The good news? Artificial intelligence (AI) offers ways to perform these complex, integrated tasks f...

Articles A.I.

AI for business

25 May 2021

During a corporate crisis, time is essential. Getting the integration process wrong can prove d...

There are no Events in this category