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Ocorian: Family offices turn to AI for financial data insights

To gain financial data insights, the majority of family offices now turn to AI, according to new research from Ocorian. The global study reveals 86 percent of these private wealth groups are utilising AI to improve their daily operations and data analysis. Representing a combined wealth of $119.37 billion, these organisations want machine learning to […]

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Automating complex finance workflows with multimodal AI

Finance leaders are automating their complex workflows by actively adopting powerful new multimodal AI frameworks. Extracting text from unstructured documents presents a frequent headache for developers. Historically, standard optical character recognition systems failed to accurately digitise complex layouts, frequently converting multi-column files, pictures, and layered datasets into an unreadable mess of plain text. The varied […]

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Palantir AI to support UK finance operations

UK authorities believe improving efficiency across national finance operations requires applying AI platforms from vendors like Palantir. The country’s financial regulator, the FCA, has initiated a project leveraging AI to identify illicit activities. The FCA is currently testing the Foundry platform from Miami-based software vendor Palantir. This three-month pilot costs upwards of £30,000 per week […]

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