Aveni

Aveni makes AI software for UK financial services firms, with one product suite for wealth managers and advice firms and another for compliance teams at banks, advice networks and other regulated businesses. The company says it works with more than 250 UK clients, a mix of wealth managers, banks, compliance providers and advice networks.

In the wealth suite, Assist prepares an adviser before a client meeting, records and transcribes the conversation, pulls out the financial facts, drafts the suitability report and follow-up letters, and pushes the results into the firm's CRM. File Check reads a complete advice case pack, compares documents such as the fact find and suitability report, scores the case against the firm's own standards and cites the source for each finding, with dashboards for supervisors. The compliance suite has three parts: Detect reviews recorded customer conversations for conduct risk, vulnerability and Consumer Duty outcomes; Approve tests a firm's chatbots and AI agents before launch; and Assure watches live AI conversations and escalates risky replies.

The products run on FinLLM, a family of language models Aveni trained on UK financial services text, alongside models from OpenAI, Anthropic and Google. Aveni is based in Edinburgh, has about 70 employees, and counts Lloyds Banking Group and Nationwide among its backers.