Regulatory Supervision_Innovative Use of Artificial Intelligence

Year: 2024

Award: Robotics & Automation Awards

Award Name: The Innovative Use of Artificial Intelligence Award

Company: Intellect Design Arena Ltd.

SJP has a regulatory responsibility to ensure that its partners and advisors are deemed fully competent and therefore have an associated duty of supervision.

This role is currently performed by supervisors, and for the most part, the assessment is via physical observations carried out no less than once a year. For the first time and through leading edge Artificial Intelligence, Machine Learning, Data Science and Intelligent Automation technologies, the solution will allow Partner/Advisor/Client interactions to be recorded, transcribed, analyzed with results available to the Supervisor highlighting areas of competence vs areas of improvement.

AI emerging technologies is leading the way and through the work with intellectAI has presented multiple exciting opportunities here at SJP with over £7 Million pounds of savings being recognized within the past 12 months alone through use of these technologies.