Applied AI in Finance sector

Sectors  /  Finance

The finance sector covers a wide range of activities. Algospark has historically focused activities around asset management, however other areas can also benefit from applied AI to identify opportunities and better manage their processes.

Challenges

Attracting clients, managing risk, ideas generation, compliance and operations are key challenges for investment management. The wide array of investment options, increasing competition and legal considerations make this a challenging sector.

Opportunities

Applied AI can help streamline client assessment and risk assessment so that a bespoke service can be offered faster and easier. It can also massively help with portfolio monitoring and risk detection. The same ability to automatically detect signals also provides opportunities for new idea generation and determining to which clients this is most likely to appeal. Report generation, compliance and operations is another large area of opportunity for applied AI.

Sales & marketing opportunities

  • Investment idea / customer matching using cluster analytics
  • ESG (Environmental, Social, Governance) mapping
  • Marketing channel / spend / effectiveness

Customer support opportunities

  • Portfolio structuring and performance alerts
  • Automated report generation
  • Automated client support interventions

Operations support opportunities

  • Detect outliers in trading / performance
  • Portfolio risk metrics monitoring
  • Automated regulatory compliance
  • Machine reading (natural language processing) for report quantification and importance prioritisation

Our Approach

Successful AI projects have clear specific goals. Algospark specialise in short, targeted projects that deliver clear business benefits. We work with our clients to scope, prototype, optimise, build and pilot. We are agile, fast to deliver and are a great addition to your internal teams.

Retail Sector Frameworks

Azure Proactive Customer Management
A Microsoft Azure Proactive Customer Management solution that brings together AI, Azure and customer management. Targets increased revenue per customer, increased customer satisfaction and a reduction in customer churn.
Machine Reading
An automated report reading tool that maps report content, context and meaning. Helps users prioritise which reports to read (or not) and why. Helps identify and prioritise new opportunities, and save time reading reports with low relevance.
Contact
+44 207 558 8728
info@algospark.com
3rd Floor, 207 Regent Street
London, W1B 3HH. UK
Interested in working in analytics and applied AI? Contact us at careers@algospark.com
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