About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Briefs

Writer Builds New LLM for Financial Sector

Subscribe to our newsletter

A new specialised large language model (LLM) has been created by American technology firm Writer for financial services firms based on its Palmyra products.

The Palmyra-Fin-70b model enables firms’ generative artificial intelligence (GenAI) platforms to assist in financial forecasting, investment analysis, risk evaluation, fraud detection, and asset allocation strategies, the company said.

The new LLM is available through NVIDIA, Baseten, Hugging Face and Writer’s own platform. The Palmyra suite of LLMs is already being used by firms including Vanguard, Franklin Templeton and Intuit, San Francisco-based Writer said.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlocking value: Harnessing modern data platforms for data integration, advanced investment analytics, visualisation and reporting

Modern data platforms are bringing efficiencies, scalability and powerful new capabilities to institutions and their data pipelines. They are enabling the use of new automation and analytical technologies that are also helping firms to derive more value from their data and reduce costs. Use cases of specific importance to the finance sector, such as data...

BLOG

Modern Data Platform Adoption Growth Seen as Benefits Become Apparent: Webinar Review

Take-up of modern data platforms (MDPs) is expected to accelerate in the next few years as financial institutions realise the greater agility, scalability and deeper insights offered by the innovation. Organisations that have so far been relatively slow to adopt the streamlined platforms – because they have been unsure of the technologies’ benefits – will...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Corporate Actions USA 2010

The US corporate actions market has long been characterised as paper-based and manually intensive, but it seems that much progress is being made of late to tackle the lack of automation due to the introduction of four little letters: XBRL. According to a survey by the American Institute of Certified Public Accountants (AICPA) and standards...