March 5th: Applications of AI in Finance

MVCA members were invited to see how two companies applied AI in Finance over lunch:

Turnleaf AI helps investors, banks, corporates, and policymakers understand the economy in real time. They provide high-frequency, point-in-time data feeds covering global food and energy markets; macroeconomic forecasts that rank among the most accurate worldwide; and MARCOS, the first model factory that lets institutions build and operationalise AI-driven macro models.

Prosperise is a special situation fund focusing on missold motor finance agreements in the UK. They will dive on how AI helps them finance and manage high-volume claims under the Financial Conduct Authority’s (FCA) forthcoming motor finance redress scheme, focusing on cases where customers were overcharged due to undisclosed or excessive commissions.