As the Summit for Action on Artificial Intelligence approaches, taking place on February 10 and 11, Figen AI, a French fintech specializing in AI tools for wealth management and finance, is unveiling itself. The startup announced on Tuesday, February 4, the official launch of its "AI agent" offering, a tool designed to support and assist wealth management professionals. "Unlike consumer chatbots, which often fall victim 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," the startup explained in a statement.

Already 100 clients After several months of development and training, Figen AI is officially launching its offering, which it began to propose more confidentially at the beginning of January. In just four weeks, the company has already convinced 100 client companies to adopt it and intends to continue its momentum. Currently, several new agents are in the experimental phase with industry professionals.

"In a world where AI is set to transform our interactions, it is urgent for wealth management and finance players 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," emphasizes Vincent Aurez (in the photo), co-founder and president of Figen AI.

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. Thanks to an "AI agent" capable of breaking down problems into subtasks, manual searches are largely automated, allowing professionals to concentrate on their key role: human support.

Specifically, Figen AI offers two solutions. First, a subscription to a platform that provides access to AI assistant tools for wealth, tax, legal, and extra-financial expertise research. Second, custom implementations within 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.

An experienced founding team At the helm of Figen AI are an industry leader and two seasoned entrepreneurs who have already founded and developed several startups in fintech and tech.

• Vincent Aurez, former innovation director at Novaxia.

• Nicolas Paulus, co-founder of the web agency Antadis, and of the international agency.