Schroders Personal Wealth (SPW), the joint venture between Lloyds Banking Group and Schroders, has partnered with AI fintech Aveni to transform its compliance function.
Through the deployment of Aveni's detect platform, SPW will use Natural Language Processing (NLP) to monitor client interactions and produce data-led evidence of compliance.
Aveni detect aims to meet the data-first requirements being introduced with the new Consumer Duty regulation...