Project: Wealth Advisor Assistant

[sethns]

Project name

FortunAI

Description

FortunAI , is a wealth advisory bot, digital genie whispering investment wisdom for financial advisors. This AI-powered assistant, unlike human counterparts, is available 24/7, tirelessly crunching numbers and suggesting personalized wealth management strategies and decisions.

Business Outcome Delivered:

• Reduced Manual Fund Research • Improved Fund Risk Scoring • Minimized risk of financial losses • Timely Fund Risk Alerts Alerts

Key Challenges of a Human Wealth Advisor:

Today’s Wealth advisors rely on a variety of information sources to enable effective advisory for their clients like • Financial Statements: Reviewing clients' financial statements, tax returns, and other relevant documents. • Client Meeting Notes: understand their financial goals, risk tolerance, time horizon. • Market and Economic Research: Staying informed about current market conditions, economic indicators, and global trends. • Investment Research Reports: Accessing research reports from financial institutions, investment banks, and independent research firms. • Regulatory and Legal Updates: Keeping abreast of changes in financial regulations, tax laws, and other legal aspects. • News and Media Sources Monitoring financial news, business publications, and industry-specific media. • Internal Analytical Platforms: access real-time market data, perform portfolio analysis, and generate financial models.

These variety of sources provide crucial data and insights for making informed timely financial decisions for wealth management. However, manually analysing these information is time consuming and effort intensive. Hence delays in decision making can have a huge impact in the asset valuation. And time is critical for actionable and timely recommendation for investment allocation.

Why FortunAI:

Enable cutting edge technologies like generative AI based LLM search, wealth advisor skims through a variety of content to enable timely recommendations to safeguard wealth valuation and reallocation to financial advisors. It enables features like

• Doc Assist: Automated extraction of o News feeds on invested portfolios o Periodical financial statements and earning reports. o 3rd party macro, industry segment performance data o Stock performance trends. o Internal fund performance databases • Search Assist: Summarization and Vectorization of extracted information. • Query Assist: Prompt Engineering to analyse various fund performance and scoring patterns. • Sentiment Assist: Sentiment Analysis of the extracted information • Report Assist: Dashboards for risk scoring and recommendations of funds for reallocation. • Email Assist: Risk alerts by email for alerted funds.

Powered by Microsoft Fabric – The FortunAI components:

• Lakehouse: Document Storage for Fund Knowledge base • Warehouse: Database for customer, assets, and fund performance data • Synapse Data Science: Python Notebooks for LLM / OpenAI integration and sentiments. • Azure AI Services: Cognitive Search and indexes • Azure WebApp: User Front end Screens

Project video: • Code walkthrough: https://youtu.be/IEFzn5cFZo4 • Demo of the tool: https://youtu.be/1Yog3WTFig8 • FortunAI: https://youtu.be/hS7hBTakfeY

Deployment Link: https://fortunai.azurewebsites.net/

Project Repository URL

https://github.com/sethns/FortunAI

Project video

• Code walkthrough: https://youtu.be/IEFzn5cFZo4
• Demo of the tool: https://youtu.be/1Yog3WTFig8
• FortunAI: https://youtu.be/hS7hBTakfeY

Team members

https://github.com/Sneharosemohan, https://github.com/shakthee04

[toolboc]

@sethns, please double-check the YouTube video links, they seem to be set to private and we are unable to review them

[sethns]

@toolboc Hi there! I've made the videos publicly viewable. Apologies missed to update before. We know the winners have already been announced. Yet, if you can have a view at our videos and at least give a feedback that will be very helpful. Thank you! :)