Purple Fabric Triad: Setting new standards for unbiased decision-making in financial services

The European Union has set out seven key regulations to ensure responsible Generative AI use in business, focusing on Explainability; Bias Removal; Accountability; Data Privacy; Security; Fairness, and Transparency.

PF Triad, the fourth technology in the Purple Fabric Suite, embodies these principles by eliminating bias in the judgement of three key roles in the enterprise – Sales/Relationship Managers, Operations Managers, and Compliance Managers.

Using advanced AI algorithms and contextual LLMs, PF Triad ensures optimal, unbiased decisions and recommendations.

With built-in reasoning algorithms and real-time data access via self-constructed SQL queries, PF Triad provides comprehensive, up-to-date insights.

PF Triad has been successfully implemented in wealth advisory, complex investigations, and loss runs, particularly in the UK and US markets, setting a new standard for unbiased decision-making in financial services.

July 26, 2024

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Arun Jain

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