ForwardLane unveils Generative AI platform for wealth management

By Gloria Methri

ForwardLane has launched its new generative decision intelligence platform EMERGE to help solve challenges such as data transparency, data privacy, and data security issues within the wealth, asset management, and insurance industries.

EMERGE harnesses the power of generative AI to easily find, create, preview, publish, and interact with entirely new and unknown insights – while remaining private, secure, and accurate.

This reduces reliance and demand on data science teams while freeing them up to strategically scale D&A capabilities across the organization without the overhead of data aggregation, data processing, insight creation, Large Language Model fine-tuning, and last-mile delivery of insights and Next Best Actions.

EMERGE combines the power of ForwardLane’s composite AI – EMERGE-GPT – with Visual Insight Generator, a zero-code tool, to easily create insights from data in natural language without the need for any LLM technical expertise. Together with ForwardLane’s Next Best Action platform, this enables the full circle of insight creation, orchestration, last-mile delivery, and usage feedback.

Nathan Stevenson, Founder and CEO, ForwardLane said, “We have been leveraging AI since 2016 and have made significant investments in building an enterprise-grade Next Best Action platform for wealth, asset management, and insurance. EMERGE is an applied Generative AI solution for financial services that brings together the best functionalities of ForwardLane’s ViGOR and privacy-friendly EMERGE-GPT. It gives financial services firms the ability to rapidly activate their existing data and data science investments and deliver insights to their frontline advisory and sales professionals.”

Enterprises can use the EMERGE platform on a white-label basis, and it can be deployed on their preferred cloud platform or hosted by ForwardLane, ensuring full control and compliance with data licensing and transfer requirements.

Designed to be transparent, flexible, easily deployable, upgradeable, and compliant with financial services regulations, this solution is currently in limited beta testing with premier partners, while interested parties can join the waitlist with wider availability coming in Q3’23.