Bridgewise Launches BRIDGET™, World’s First Conversational AI Investment Tool That Provides Regulatory-Compliant Investment Recommendations

  • Artificial Intelligence , Trading Systems
  • 03.10.2024 09:05 am

Bridgewise, the capital markets intelligence platform, announced today the launch of BRIDGETTM, its Conversational AI Investment Tool, designed specifically for the institutional investment sector, including brokers and trading platforms that fundamentally changes the way investors conduct research.

Leveraging the flexibility, convenience, and capabilities of large language models (LLM) AI, BRIDGET transforms traditional investment intelligence reports into dynamic, interactive conversations, and provides regulatory-compliant investment recommendations that are delivered through its customizable, multilingual platform. Bridgewise is currently available in more than 25 languages and across 15 markets and has a coverage of more than 50,000 global financial instruments.

Gaby Diamant, Co-Founder and CEO of Bridgewise, says, “Bridgewise’s BRIDGET is a conversational AI investment tool that presents a significant leap forward for the global investment and securities industry. By integrating advanced AI with regulatory compliance, we are not only enhancing the efficiency and accuracy of investment decisions but also ensuring that these decisions are made within a secure and compliant framework. As one of the world’s few financial research intelligence platforms focused on serving the institutional investment sector, we are able to tailor BRIDGET to meet institutional-specific standards and requirements. This tool is a game-changer for financial institutions looking to stay ahead in a rapidly evolving sector, and to empower their analysts and investors to interact with data in a more intuitive and insightful manner, thereby enhancing decision-making processes.”

In today’s fast-paced financial environment, analysts and investors face numerous challenges, including information overload, time constraints, and the need for precise, actionable insights. Unlike other existing LLMs which may generate quirky and interesting responses but do not deliver reliable investment recommendations, Bridgewise’s BRIDGET offers regulatory-compliant investment insights, including specific buy/sell recommendations for stocks. BRIDGET also addresses several key AI chat-related drawbacks, such as:

  • Lack of Opinions or Investment Recommendations: Competing AIs refrain from recommending one stock over another, while BRIDGETTM provides actionable, regulatory-compliant advice, including specific buy/sell recommendations.
  • Finance-Focused Expertise: Unlike general LLMs, BRIDGET uses a specialized Micro Language Model (MLM) tailored for conversations about investments and capital markets, offering a high level of expertise and precision.
  • Hallucinations: Other AIs often generate inaccurate or illogical suggestions, such as recommending non-existent stocks or those with poor fundamentals. BRIDGET is designed to overcome these pitfalls, ensuring reliability in its investment advice because its MLM has been exclusively trained to understand and address the nuances of investment-specific topics. 

Research has estimated that generative AI (Gen AI) could add between $200 billion and $340 billion in value annually, or 2.8 to 4.7 percent of total industry revenues across the global banking sector#. Against this high-growth potential, GenAI has emerged as a crucial enabler of innovation and transformation, empowering financial institutions to exceed the expectations of today’s sophisticated customers and investors, who are increasingly demanding faster, more convenient and timely services. For the finance institutions who serve global and regional institutional investors, this expectation is arguably compounded by the dynamic and fast-changing as well as the cross-border regulatory compliance requirements. 

This announcement follows several major Bridgewise developments in recent months, marking five years of rapid expansion and innovation since its founding in 2019. Among those were its successful $21-million fundraise, the launch of Bridgewise Funds Analysis product (FundWise), and the appointment of several capital market industry veterans to its Advisory Board, which now includes new members such as Christian Reuss, former CEO of the Swiss Stock Exchange, who brings extensive experience in strategic transformation, sales, and business development, as well as Dato Neto (former Managing Director of Banco Modal, Brazil), David Lenchus (Managing Director and Head of Research at HC Wainwright), David Siegel (former CEO of Investopedia and President of Seeking Alpha), and Yochai Korn (former Global Head of Market Data and Research at Interactive Brokers).

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