Nowcast Introduces TMAM AI for Tokio Marine
Nowcast, a member of the Finatext Group, has officially unveiled "TMAM AI," a cutting-edge generative AI application designed exclusively for the employees of Tokio Marine Asset Management (TMAM). This development marks a significant leap in the financial sector's use of technology to enhance efficiency and security in investment analysis and corporate research.
The Context of Development
In recent years, the financial industry has rapidly embraced generative AI technologies, ranging from customer service chatbots to complex investment analysis tools. Tokio Marine Asset Management recognized the need for a dedicated AI application that meets their stringent security requirements while streamlining labor-intensive processes. With a vision to modernize their operational infrastructure, they approached Nowcast to develop a specialized generative AI solution.
Nowcast has a proven track record of leveraging generative AI and data to support companies in digital transformation. Their experience includes the establishment of customized data platforms and the development of AI-powered tools that foster operational efficiency across various sectors, including finance. The company's expertise in adhering to stringent security standards, bolstered by its relationships with securities companies and insurance providers within the Finatext Group, made them an ideal candidate for this project.
Features of TMAM AI
Overview
TMAM AI provides a robust generative AI tool for Tokio Marine Asset Management employees, incorporating various AI services, including the Claude series from Anthropic. Developed on a private network within TMAM's AWS environment, TMAM AI allows for extensive customization, catering to specific operational needs and enhancing the user experience.
Key Features
- - Data Analysis: Streamlines analysis processes, allowing employees to make informed decisions quickly.
- - File Uploads: Simplifies document management by allowing users to upload various file types directly.
- - Prompt Library: Provides a library of prompts to facilitate the efficient use of the AI application.
Future enhancements are planned, with unique TMAM AI functionalities to be developed based on user feedback.
Adoption Timeline
The development of TMAM AI began in January 2025, with full deployment to approximately 400 employees slated for April 2025. Even within the first month of launching the application, around 70% of the workforce had already started utilizing it.
Expected Impacts
With TMAM AI in place, the company anticipates a significant reduction in time spent on document preparation and information organization, aiming for operational efficiency gains exceeding 10,000 hours annually.
Screen Representation
Future Developments
Moving forward, Nowcast plans to further explore the evolving needs for generative AI applications within the asset management sector. This includes enhancing functionalities to address unique challenges specific to the industry. Additionally, Nowcast aims to bolster data infrastructure and promote internal data utilization, leveraging their existing expertise to support Tokio Marine Asset Management's ongoing digital transformation initiatives.
Reference Information: Generative AI Solutions Offered by Nowcast
Nowcast provides a range of generative AI solutions tailored to meet diverse corporate needs. From creating customizable AI environments to developing unique solutions, they focus on facilitating advanced data utilization. The company’s long-standing expertise in big data analytics enables them to build efficient data infrastructures that drive successful digital transformation initiatives for businesses.
Notable Features
1.
Custom Environment Construction: Instead of generic SaaS solutions, Nowcast delivers a highly customizable generative AI environment tailored to specific corporate needs.
2.
AI Solutions Catered to Individual Needs: The company develops solutions not only with standard chat functionalities but also focused on specific operational improvements relevant to various industries.
3.
Data Infrastructure and Utilization Promotion: By ensuring high-quality input data, Nowcast utilizes its big data expertise to enhance company operations.
4.
Collaborative Consulting Services: They offer supportive consulting services that include member training and tailored use-case evaluations, ensuring optimal usage of generative AI environments.
Contact Information for Implementation Inquiries
For inquiries related to the implementation of generative AI solutions, please visit the following contact form:
Inquiry Form.
About Finatext Group and Nowcast
Finatext Group is a fintech conglomerate committed to reinventing finance as a service through the provision of next-generation financial infrastructure. It comprises companies like Finatext, which focuses on developing innovative financial services, and Nowcast, a leader in alternative data analytics, among others. Established in 2015, Nowcast specializes in big data analytics to support enterprises using alternative data, contributing to over 250 clients, including financial institutions and global hedge funds, in enhancing their analytical capabilities.