Launch of Figen AI, a tailor-made AI solution dedicated to wealth management and finance professionals
As the Summit for Action on Artificial Intelligence approaches (February 10 and 11), Figen AI, a French fintech specializing in AI tools for wealth management and finance professionals, announces the official launch of its "AI agent" offering, a reliable and personalized tool designed to support and assist wealth management professionals.
• An innovative response to a rapidly changing sector
In the face of increasingly complex regulations, accelerated digitalization, and the growing demand for personalized savings solutions, Figen AI offers an "AI agent" specifically designed for wealth management and finance professionals. Unlike consumer chatbots, often prone to "hallucinations," Figen AI's solution relies on validated and continuously updated databases (legal codes, BOFiP, etc.) as well as human supervision to ensure the reliability of responses.
Vincent Aurez, Co-founder and President of Figen AI: "In a world where AI is set to transform our interactions, it is urgent for wealth management and finance professionals to ride the wave rather than be swept away by it. We designed Figen AI to keep human expertise at the heart of the client relationship while leveraging the power of AI."
After several months of development and training, Figen AI offers a reliable and personalized tool "ChatCGP" designed to support and assist wealth management professionals. In just four weeks, the company has already convinced 100 client firms to adopt it and intends to continue its momentum. Currently, several new agents are in the experimental phase with industry professionals.
• A solution tailored for wealth management and finance specialists
Unlike generalist AI tools, Figen AI has focused on the concrete needs of wealth management firms, family offices, and private banks: tax analysis, wealth optimization, etc. With an "AI agent" capable of breaking down problems into subtasks, manual searches are largely automated, allowing professionals to focus on their key role: human support.
• Specifically, Figen AI offers two solutions:
- A subscription to a platform that provides access to AI assistant tools for wealth, tax, legal, and extra-financial expertise research.
- Customized implementations in the intranets or extranets of companies in the savings and finance sector. By connecting the tool to their own databases, they can benefit from an AI "trained" on specific cases and products.
Artificial intelligence enters a new era: that of specialized agents designed to solve specific blockages in highly expert industries. Unlike generalists in the sector, Figen AI embodies this new wave of verticalized applications. Its AI agents do not merely assist; they are designed to structure, analyze, and accelerate decision-making in a sector where reliability and compliance are critical.
• Strong demand, confirmed by studies
According to the "GenAI: a possible way forward" study by Sopra Steria Next, the global generative AI market could reach $100 billion by 2028, demonstrating the increasingly central role this technology is taking in the financial ecosystem. Meanwhile, Seismic (2024) reveals that 93% of financial services companies believe it will fundamentally transform the sector in the next five years.
• An experienced founding team
At the helm of Figen AI are a sector leader and seasoned entrepreneurs who have already founded and developed several startups in fintech and tech:
- Vincent Aurez, former innovation director in asset management, recognized among the 35 positive leaders under 35 (Les Echos/Positiv).
- Nicolas Paulus, co-founder of the web agency Antadis and the international recruitment agency NextStation.
