AI at the helm: how Cyberport start-ups boost efficiency and security for the financial industry

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The content of this article has been produced by our advertising partner.] With the first-phase facility of AI Supercomputing Centre expected to commence operation within this year, Cyberport, as the city’s digital tech hub, is poised to empower AI start-ups such as 221b, Aereve, AutoML Capital, AIFT (rebranded from OneDegree Group) and Wizpresso, to create innovative AI-powered solutions for the financial sector.

"Deployments of GenAI technologies really help compliance managers to save thousands of hours of workload, which they could focus on higher quality work,” says Andre Leung, CEO and co-founder of Aereve.  Leung credits Cyberport’s ecosystem for enabling Aereve to tackle Asia’s unique compliance challenges, allowing him to channel his international tech experience into meeting regional client demands.

The company’s anti-money laundering (AML) and know-your-customer (KYC) analytics harness patented natural language processing (NLP) to improve the accuracy and efficiency of compliance processes, with built-in support for non-Latin languages, including Traditional and Simplified Chinese, Japanese and Arabic.

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Article Details

Author / Journalist: Advertising partner

Category: Business

Markets: Hong KongJapan

Topics: Start-ups Japanese Management Risk Solutions Fintech Aereve Languages Compliance Non-latin Cyberport

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 00:00:13 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 174 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23449302

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