Bridgewise, a capital markets intelligence platform, has launched BRIDGET, its Conversational AI Investment Tool, designed specifically for the institutional investment sector, including brokers and trading platforms.
Leveraging the flexibility, convenience, and capabilities of large language models (LLM) AI, BRIDGET transforms traditional investment intelligence reports into dynamic, interactive conversations, and provides regulatory-compliant investment recommendations that are delivered through its customizable, multilingual platform.
“Bridgewise’s BRIDGET is a conversational AI investment tool that presents a significant leap forward for the global investment and securities industry. By integrating advanced AI with regulatory compliance, we are not only enhancing the efficiency and accuracy of investment decisions but also ensuring that these decisions are made within a secure and compliant framework,” said Gaby Diamant, Co-Founder and CEO of Bridgewise.
“This tool is a game-changer for financial institutions looking to stay ahead in a rapidly evolving sector, and to empower their analysts and investors to interact with data in a more intuitive and insightful manner, thereby enhancing decision-making processes,” he added.
In today’s fast-paced financial environment, analysts and investors face numerous challenges, including information overload, time constraints, and the need for precise, actionable insights.
Unlike other existing LLMs which may generate quirky and interesting responses but do not deliver reliable investment recommendations, Bridgewise’s BRIDGET offers regulatory-compliant investment insights, including specific buy/sell recommendations for stocks.
BRIDGET also addresses several key AI chat-related drawbacks, such as:
- Lack of Opinions or Investment Recommendations: Competing AIs refrain from recommending one stock over another, while BRIDGETTM provides actionable, regulatory-compliant advice, including specific buy/sell recommendations.
- Finance-Focused Expertise: Unlike general LLMs, BRIDGET uses a specialized Micro Language Model (MLM) tailored for conversations about investments and capital markets, offering a high level of expertise and precision.
- Hallucinations: Other AIs often generate inaccurate or illogical suggestions, such as recommending non-existent stocks or those with poor fundamentals. BRIDGET is designed to overcome these pitfalls, ensuring reliability in its investment advice because its MLM has been exclusively trained to understand and address the nuances of investment-specific topics.
Research has estimated that generative AI (Gen AI) could add between $200 billion and $340 billion in value annually, or 2.8 to 4.7 percent of total industry revenues across the global banking sector.
Against this high-growth potential, GenAI has emerged as a crucial enabler of innovation and transformation, empowering financial institutions to exceed the expectations of today’s sophisticated customers and investors, who are increasingly demanding faster, more convenient and timely services.
For the finance institutions who serve global and regional institutional investors, this expectation is arguably compounded by the dynamic and fast-changing as well as the cross-border regulatory compliance requirements.
This expansion is part of Bridgewise’s vision to leverage its technology and AI intelligence capabilities to revolutionize how capital markets operate.
Bridgewise is currently available in more than 25 languages and across 15 markets and has a coverage of more than 50,000 global financial instruments.
