Abu Dhabi-based AI and big data analytics company Presight has partnered with Dow Jones Factiva to develop AI-native risk and compliance solutions for financial institutions, regulators, and sovereign entities. This collaboration will leverage Dow Jones Factiva’s regulatory-grade data alongside Presight’s advanced AI capabilities, aiming to create predictive systems that enhance risk management in the global financial sector. Presight CEO Thomas Pramotedham emphasized the significance of combining these resources to revolutionize risk assessment through real-time, contextualized intelligence. Potential applications include tools for uncovering hidden ownership structures, monitoring sustainability issues, and detecting legal risks. The initial focus will be on the Gulf region, catering to sovereign wealth funds and central banks, with plans for expansion into Southeast Asia, Central Asia, North Africa, the UK, and the US. This alliance signifies a crucial advancement in next-generation risk management solutions for global financial entities.
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