ForwardLane, the AI-powered intelligence solutions provider, has announced the launch of its new generative decision intelligence platform, EMERGE. This groundbreaking platform aims to address the challenges faced by financial organizations in terms of data transparency, data privacy, and data security within the wealth, asset management, and insurance industries.
The complexity of deploying private, secure, and accurate generative AI has been a major obstacle for many financial services firms. EMERGE is specifically designed to overcome this challenge, enabling professionals in various roles such as advisory, distribution, sales, marketing, business intelligence, management, and product to harness the power of generative AI without requiring expertise in AI or large language models (LLM).
By utilizing ForwardLane’s state-of-the-art composite AI, EMERGE-GPT, along with the Visual Insight Generator, a zero-code tool that enables the creation of insights from data in natural language, users can easily find, create, preview, publish, and interact with entirely new and unknown insights. This empowers professionals across the organization to access valuable insights without relying heavily on data science teams.
One of the key advantages of the EMERGE platform is its ability to address IT and cybersecurity concerns. The platform ensures that private data remains confidential and is not shared externally. Additionally, it provides transparency and explainability in how answers are reached, offering a full audit log to ensure compliance with regulators.
EMERGE combines the power of ForwardLane’s composite AI with the Visual Insight Generator and its Next Best Action platform. This seamless integration enables the complete cycle of insight creation, orchestration, last-mile delivery, and usage feedback.
Nathan Stevenson, Founder and CEO of ForwardLane, stated, EMERGE is an applied Generative AI solution for financial services that brings together the best functionalities of ForwardLane’s ViGOR and privacy-friendly EMERGE-GPT. It gives financial services firms the ability to rapidly activate their existing data and data science investments and deliver insights to their frontline advisory and sales professionals.
Wealth, asset management, and financial services professionals can leverage EMERGE to enhance their data and analytics capabilities. The platform can be deployed on a white-label basis, either on the customer’s preferred cloud platform or hosted by ForwardLane, ensuring full control and compliance with data licensing and transfer requirements.
The EMERGE platform is currently undergoing limited beta testing with premier partners, and interested parties can join the waitlist for wider availability, which is expected in Q3 2023.
With its revolutionary generative AI platform, ForwardLane is poised to transform the way financial organizations scale their data and analytics capabilities. By empowering professionals across various roles to access valuable insights, EMERGE offers a significant breakthrough in addressing the challenges of data transparency, privacy, and security in the wealth, asset management, and insurance industries.
