Figen AI will implement its solution within Métagram’s network and provide it with a new infrastructure designed to industrialize regulatory processes and streamline the customer journey.
Figen AI and Métagram announced on Tuesday, January 13 that they have signed a strategic agreement to equip the latter’s entire network with dedicated solutions.
Launched in October 2023 by Vincent Couroyer, Métagram surpassed the €1 billion mark in advised assets in less than two years. Figen AI is a French fintech specialized in developing industry-specific AI solutions.
A strategic agreement to transform business tools
Following a decision validated by its executive committee, Métagram chose to equip all its current and future employees with the Figen AI tool and to integrate the fintech’s customized modules in order to deeply transform its business tools. Métagram will also have a new infrastructure designed to industrialize regulatory processes and streamline the customer journey.
Six months of testing
Métagram conducted a joint program of experimentation and comparison among different AI solutions on the market over six months. These tests made it possible to assess, in real conditions, the power and reliability of the solutions on complex real cases.
- Wealth audit
- AML-CFT compliance
- Automation and securing of suitability reports
- Document analysis, etc.
“After a testing phase of Figen like other solutions, we agreed on the partnership project, the operating mode and the schedule. The Figen teams finished convincing us by very quickly showing their ability to deliver tools that are real ‘game changers’. For all Métagram partners, integrating AI is obvious and essential to continue our development, guarantee and improve quality of service to our clients”
— Vincent Couroyer, President of Métagram (Citywire France)
By putting Figen AI’s solutions into production, Métagram pursues two structuring objectives:
- Secure and make regulatory compliance reliable through automated and documented processes.
- Enhance client experience and responsiveness, giving advisers more time for human support.
AI has become essential for financial advisers
“The missions of the financial adviser have broadened and enriched over the years and I’m not only talking about compliance and regulation. We must integrate the new technologies at our disposal to improve the quality and productivity of our work. All these improvements should allow us to devote more time to the human relationship with our clients, a relationship that differentiates us from other wealth management players”
— Vincent Couroyer
The president of Métagram is one of the first wealth management leaders to advocate using AI in the financial adviser profession. He helped author the practical guide to artificial intelligence published by the CNCGP last March. A text he co-wrote with Sandrine Genet, with whom he co-chaired the Chamber’s Innovation & Fintech commission.
The contribution of AI in three concrete elements
“We can summarize AI’s contribution in three concrete elements. First, productivity on low value-added tasks (meeting summaries, preparation of reports, extraction of information from documents, etc.). Second, better robustness in analysis. When AI is correctly framed (sources, jurisprudence, traceability, safeguards), it can help quickly cross-reference information (client profile, objectives, horizon, constraints, risks), and produce structured reasoning that facilitates decision-making aligned with the adviser’s product convictions. Finally, it turns compliance into an integrated reflex in the work process: reminding obligations, generating evidence, standardizing deliverables, and reducing omissions. Compliance will no longer be ‘a step to do’, but a starting point in producing advice”
— Vincent Aurez, President of Figen AI
Source: Citywire France
