Aveni
Artificial intelligence solutions for the Financial Services industry
- B2B
- Artificial Intelligence
- Productivity
- Compliance
- Machine Learning
- SaaS
- Edinburgh, UK
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Company mission
To be the driving force behind the safe and ethical AI adoption within Financial Services
Our take
Financial services firms have vast amounts of data, but face strict regulatory requirements. While AI adoption is accelerating, banks struggle to find and use general-purpose models that meet FCA standards. Aveni addresses this with FinLLM, the UK's first large language model purpose-built for financial services
Rather than adapting standard AI models, Aveni co-creates with institutions like Lloyds and Nationwide to build models that understand financial regulations from the ground up . Their £11M Series A (led by Puma Private Equity) will scale FinLLM across production environments, embedding it into their Aveni Detect and Aveni Assist platforms
Success will depend on building confidence among traditionally risk-averse institutions, while maintaining their edge as larger tech players enter the space. Aveni's bet is that specialised, auditable models designed for regulated environments will win over generic alternatives.
Kirsty
Company Specialist at Welcome to the Jungle
Leadership
Joseph Twigg
(CEO)Over a decade of previous experience in Business Strategy and Risk Management at Protiviti, Janus Henderson Investors, Scottish Widows Investment Partnership and Standard Life Abderdeen.
Jamie Hunter
(COO)Previously spent many years in Finance, Accounting, Planning and Analysis at Morgan Stanley and Ignis Asset Management. He then worked for over half a decade at Aberdeen Standard Investments in Business Partnering, Planning and Performance.