Cecabank Joins Forces with GPTadvisor in CNMV’s Financial Sandbox
This project will delve into the advantages and potential of generative artificial intelligence aimed at transforming investment services.
Cecabank is set to embark on a groundbreaking journey with us at GPTadvisor in the financial Innovation Sandbox driven by Spain's National Securities Market Commission (CNMV). This ambitious project will delve into the advantages and potential of generative artificial intelligence to transform investment services, thereby enhancing Cecabank's value chain.
Leveraging the Power of Generative AI in Investment Services
Our collaboration is designed to capitalize on the technological edge provided by gen-AI to deliver substantial improvements in two key topics: financial education and information management. The initiative is expected to streamline search and analysis processes, elevate financial education, and improve accessibility and availability for users—all while adhering to new investment service regulations like MiFID and RIS.
Key Objectives
Exploration and Adoption: The sandbox project aims to explore the potential of gen-AI in investment services. Key use cases will focus on facilitating natural language access to information, reducing time spent on product information searches, and bridging the gap in financial education.
Regulatory Alignment: The project's development will be closely monitored to ensure compliance with applicable financial regulations. The CNMV will oversee that all regulatory standards and guidelines are adequately followed within this controlled testing environment.
Stay tuned as Cecabank and GPTadvisor work together to pave the way for the future of investment services!