AI for Financial Services

With the new AI act coming into effect, the various regulatory bodies will start to enforce the rules, with possible large punishments, up to 35M€ for non-compliance, as explained by Arendt

It is therefore becoming a crucial aspect for any company to ensure that their use of AI is compliant, which involves multiple aspects, from detection of high risk queries, to audit trails and human oversight dashboards.

The CSSF has been clear on the use of AI in the financial sector: the use of online chats such as ChatGPT must be closely monitored, and allowing employees to use these services is extremely risky, as any leak of financial data would be illegal due to data residency laws.

In order to be compliant, your only real solution is to host your own models on a Luxembourgish certified cloud or on your own premises, to avoid any data leak.

We believe in amplifying human potential, not replacing it.

AI should be helping you digest your reports, summarize your documents, or structure your work. Help your team focus on what matters, by handling the repetitive mind-numbing tasks, and let them focus on the big picture.

It's not automation for the sake of speed. It's a long-term partnership with an assistant.