Deutsche Bank Teams Up with finaXai to Explore AI in Tokenised Fund Servicing
Deutsche Bank has partnered with Singapore-based fintech startup finaXai to explore the application of artificial intelligence (AI) — including machine learning and large language models (LLMs) — in enhancing asset servicing workflows for tokenised investment funds.
This collaboration builds on the foundation of Project DAMA 2, a multi-chain pilot project aimed at increasing the efficiency of fund servicing through blockchain technology.
The initiative will evaluate how AI technologies, particularly LLMs, can be integrated into asset servicing processes to improve the speed, transparency, and accuracy of fund lifecycle management, while maintaining high levels of explainability.
FinaXai, co-founded by researchers from Nanyang Technological University and the National University of Singapore, operates out of the Fincubator programme at the Asian Institute of Digital Finance. The startup focuses on creating AI tools that align with industry needs and offer transparency, combining academic research with applied machine learning and natural language processing to support data-driven asset selection and portfolio construction.
In a media release, Deutsche Bank stated that the partnership aims to “unify leading research-backed solutions with industry applications to reduce complexity and boost AI’s explainability and integration with distributed ledger technology (DLT).”
This collaboration reflects Deutsche Bank’s broader effort to deepen its understanding of the evolving demands of asset managers in the digital asset space.
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