Vontobel to increase use of AI through cooperation with Microsoft
- Vontobel is strengthening its cooperation with Microsoft to make increased use of AI in its employees’ daily work – setting new standards in the industry
- The use of Microsoft Azure Open AI Service will initially be aimed at further enhancing the hybrid client experience and increasing productivity
- With this initiative, Vontobel is underscoring its pioneering role in AI
The global investment firm Vontobel is strengthening its cooperation with Microsoft in order to deploy Azure Open AI Service at enterprise level in accordance with the applicable regulations – thus supporting its employees in their daily work through the use of AI.
Azure Open AI Service is expected to be deployed at Vontobel from fall 2023 to boost productivity in various business areas, such as programming, and to support the manual evaluation of free text or the analysis of data.
Based on its initial experience of deploying AI, Vontobel will carry out evaluations to determine other areas where Azure Open AI Service could be used to support the work of employees.
“We see the enormous potential of this ground-breaking technology and are excited and convinced of the opportunities it offers. Our focus is on increasing productivity, and we also plan to develop examples of how it can be applied to further enhance the hybrid client experience. The collaboration with Microsoft will allow us to further expand our leading position in the field of AI and will position Vontobel as an employer of choice for top talent,” stated François Rüf, Head Digital Investing, Vontobel.
At Vontobel, we actively shape the future. We create and pursue opportunities with determination. We master what we do – and we only do what we master. This is how we get our clients ahead. As a globally active investment manager with Swiss roots, we specialize in wealth management, active asset management and investment solutions. We harness the power of technology to deliver a high-quality, individual client experience and to deploy our investment expertise across multiple platforms and ecosystems. We empower our employees to take ownership of their work and bring opportunities to life. We do so based on the conviction that successful investing begins with the assumption of personal responsibility. We continuously scrutinize our achievements as we strive to exceed the expectations of our clients. The registered shares of the Vontobel Holding AG are listed on the SIX Swiss Exchange. The Vontobel families' close ties to the company guarantee our entrepreneurial independence. We consider the resulting freedom as an obligation to also assume our social responsibility. As of March 31, 2023, Vontobel held CHF 268.0 billion of total client assets. Around the world and in our home market, we serve our clients from 27 locations.
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