Past Achievements: Pioneering AI in Wealth Management

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Our journey to integrate large language models(LLMs) in portfolio proposals began with a proof of concept in 2023, which has now evolved into a robust solution that aims at transforming client engagement and wealthtech. From Privé’s portfolio reporting to advisory solutions integrated with our proprietary AI GO (AI based Portfolio Construction tool), we have continuously improved our capabilities to better serve Relationship Managers (RMs) and clients. This is leading us to embrace innovation, and provide a service that delivers personalization at scale, boosts efficiency and much more. Making these changes, Privé is taking bold steps to adapt to the future. 

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Current Solutions: Enhancing RM Capabilities

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Today, our AI-driven tools empower Relationship Managers (RMs) with real-time insights and personalized recommendations tailored to their clients' preferences. By integrating market data, advisor inputs, and client preferences, our AI Portfolio Construction generates and optimizes personalized portfolios within seconds. This allows advisors to spend more time understanding their clients and less time manually constructing portfolios, ensuring every client interaction is informed and impactful.

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Additionally, our integrated natural language AI features, currently in beta testing, enable RMs to derive valuable insights from CIO market outlooks and compare these with client portfolios. For instance, RMs can instantly assess whether clients are overweight or underweight in certain asset classes by comparing strategic asset allocation targets with actual portfolios, providing critical information for rebalancing. Further prompting streamlines these traditionally lengthy processes, enhancing efficiency and effectiveness for RMs.

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In line with our pioneering AI initiatives, our software empowers clients to input essential details such as risk profiles, financial goals, ESG (Environmental, Social, and Governance) targets, and preferences such as currency and region. This client-centric approach ensures our AI-driven solutions are finely tuned to individual needs to aid the RMs in their workflow—enhancing the precision and relevance of  their recommendations. By leveraging these inputs, our platform aims to be able to create deeper client engagement, enabling RMs to deliver customized strategies that perfectly align with client objectives. 

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Future Vision: Our Roadmap To Success 

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Looking ahead, we're committed to expanding AI capabilities further. Our roadmap includes enhancing machine learning models, integrating new APIs, and developing AI-generated visuals for deeper client insights. These advancements will empower RMs to deliver even more personalized and strategic guidance, maintaining our steadfast commitment in wealth management innovation.

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Embracing innovation at its core, we look to enhance client interaction, boosting operational efficiency and enabling personalized service at scale. Ensuring clients receive tailored solutions aligned with their financial goals and preferences.

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Find Out More: Explore Our Latest Innovations

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Join Us in Shaping the Future of Wealth Management. Discover how our latest AI prototypes and upcoming features can enhance your approach to client relationships and portfolio management. Contact us today to schedule a demonstration and experience the future of wealth management with Privé Technologies.

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Disclaimer: This press release is for information purposes only. Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Privé does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will Privé and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages. Privé assumes no obligation to update any information contained herein.

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