Aveni’s upgraded FinLLM is trained on highly specialised financial datasets and tested in real-world scenarios, delivering greater accuracy, efficiency, and a pioneering safety framework for agentic AI adoption. This update comes at a crucial time, as financial institutions accelerate the use of AI agents for customer service interactions and, eventually, regulated financial advice.
To power these enhancements, FinLLM integrates NVIDIA NeMo and leverages NVIDIA accelerated computing, aligning closely with NVIDIA’s vision for safer and more efficient Small Language Models (SLMs). FinLLM embodies this approach by distilling the most relevant financial knowledge, filtering out irrelevant data, and enabling responsible AI deployment across regulated industries.
With a strong focus on FCA regulatory priorities and positive customer outcomes, FinLLM is embedded within Aveni’s Assurance Platform and integrated into its flagship products – Aveni Detect and Aveni Assist. This ensures financial institutions can confidently adopt AI while maintaining compliance and trust as they move toward next-generation agentic AI systems.
Joseph Twigg, CEO of Aveni, explained:
“AI agents will soon take on autonomous roles in financial services, supporting customer interactions at scale. This requires a new class of assurance to govern their behaviour and mitigate risks. FinLLM ensures the right advice and responses are delivered in line with FCA guidelines, with the necessary guardrails to meet Consumer Duty requirements and safeguard customer outcomes.
Our collaboration with NVIDIA, Lloyds Banking Group, and Nationwide ensures FinLLM is not only technologically advanced but also deeply relevant to the financial sector. This foundation is key to the safe and scalable adoption of agentic AI.”
Both Lloyds Banking Group and Nationwide have worked with Aveni to refine FinLLM, providing practical input to align the model with real-world applications, governance, and risk management needs across the financial services industry.
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