ForwardLane unveils new AI APIs
US-based ForwardLane has introduced a pair of new artificial intelligence (AI) APIs that apply natural language processing and deep learning AI for managing research data and communication, reports David Penn at Finovate (Banking Technology’s sister company).
“The two APIs empower the world’s leading asset managers, wealth mangers, and insurers augment the capabilities of their star performers and bring a consistently high-quality, personalised experience to their clients,” ForwardLane CEO Nathan Stevenson says. “It ties humans with machines for exciting new solutions.”
The two API frameworks are Personalised Insights and Expert Conversation. Personalised Insights helps professionals working in advisory, sales, and distribution automate and augment the research and preparation process ahead of client meetings. The API leverages natural language processing to read client profile information and complies configurable human business data with commentary.
Expert Conversation is designed for institutional finance and enables on-demand access to company and market intelligence. Financial professionals and individual investors can use the technology to query the firm about how market-related issues and the company’s investment strategies can affect their portfolios.
Headquartered in New York, ForwardLane is a graduate of the FinTech Innovation Lab’s mentoring programme. ForwardLane has raised more than $1 million in funding, and includes Thomson Reuters among its investors. The company was founded in 2015.