Deutsche Bank and finaXai partner to improve tokenised funds servicing with AI
From Yahoo Finance: 2025-05-27 08:26:00
Deutsche Bank partners with finaXai for AI-powered tokenised funds servicing as part of Project DAMA 2. The project aims to create a unified platform for asset managers and integrate machine learning for enhanced speed and precision. FinaXai, part of the Fincubator programme, focuses on deep technology and digital finance innovation. The collaboration seeks to streamline processes and enhance the accessibility of digital assets through explainable AI.
Deutsche Bank collaborates with finaXai to explore AI integration in asset servicing workflows. The goal is to boost explainability and reduce complexity for asset managers. The partnership bridges academic research with real-world applications to enhance the management of digital assets and streamline fund lifecycle activities. The initiative lays the groundwork for synergies between trustworthy AI and asset managers for faster, more precise planning and execution.
Deutsche Bank recently obtained a financial services license in Abu Dhabi, allowing the bank to conduct regulated activities, including arranging deals in investments and advising on investments or credit. The collaboration with finaXai on tokenised funds servicing aims to revolutionize the creation, dissemination, and management of tokenised funds through the use of AI and innovative technologies.
Read more at Yahoo Finance: Deutsche Bank and finaXai team up on tokenised funds servicing