Yahoo Financeยท2025-09-18 08:52Core Insights - HSBC Private Bank has launched a new AI-powered platform named Wealth Intelligence aimed at enhancing client interactions and providing tailored investment advice [1][2] - The platform processes proprietary research and external news from over 10,000 sources, addressing the growing demand for timely and personalized investment insights [2][3] - The initial rollout of Wealth Intelligence has taken place in Hong Kong and Singapore, with plans for expansion into additional markets [4] Technology and Features - Wealth Intelligence utilizes a large language model from OpenAI to assist investment advisors and product experts in market analysis [1] - The platform will eventually include a screening feature to flag investment products for wealth management teams, facilitating discussions on asset allocation [4] - HSBC aims to enhance client experience through AI, transforming workflows and enabling better data-driven decision-making for clients [5] Strategic Initiatives - The introduction of Wealth Intelligence aligns with HSBC's strategic focus on AI adoption to improve client services at scale [4] - The bank has also established a dedicated Wealth Centre in London, further emphasizing its commitment to premier and private banking clients [5]