Wipro, Microsoft team up for AI virtual assistants for financial services

IT major Wipro on Monday announced that it has teamed up with Microsoft to launch a suite of cognitive assistants for financial services powered by generative artificial intelligence (GenAI). These assistants, named Wipro GenAI Investor Intelligence, Wipro GenAI Investor Onboarding, and Wipro GenAI Loan Origination, aim to revolutionise how financial professionals operate.

Using cutting-edge GenAI technology, these assistants will furnish financial experts with in-depth market insights and timely updates on investment options and customer behaviour. They’ll also streamline the investor onboarding and loan origination processes by slashing document validation times and offering helpful responses to investor queries.