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Risk Insights and Instinctif Partners Launch Nigeria’s First AI-Powered ESG Rating Tool

Image sourced from Kiguru and Associates. /* custom css */ .tdi_4_6d3.td-a-rec-img{ text-align: left; }.tdi_4_6d3.td-a-rec-img img{ margin: 0 auto 0 0; } ESG (environmental, social and governance) data analytics company, Risk Insights, and Instinctif Partners, a strategic communications company, today announced the launch of ESG GPS Nigeria, the country’s first AI and machine learning ESG rating tool, developed by Africans for Africa. ESG GPS is based on global standards and bespoke to the country’s laws, regulations, and best practices. “ESG GPS uses machine learning and artificial intelligence to process unstructured data with structured financial information to provide a rating to a listed corporate. Risk Insights ESG GPS tool considers voluntary and mandatory disclosure, negative news ...

FNB is Leveraging AI to Redefine Risk Management

Sourced from Htxt.Africa FNB has been harnessing artificial intelligence (AI) to reimagine risk management and forensic due diligence processes. The result is the ability to review profiles for various financial crimes holistically, more rapidly, and more consistently, and free up the time of analysts to perform the functions that they remain better suited to than AI. FNB claims that this doesn’t mean that they need fewer analysts, but rather that their focus is now being used to conduct quality assurance of reviews, and to constantly feedback data into the evolution of the AI. On average, the use of AI frees up 70% of analysts’ time and generating a forensic synopsis ready for a human analyst to review that previously took hours can now be completed in as little as 8 seconds. AI is growin...