WeeFin, an impact fintech that supports financial institutions in managing their sustainability strategies, has announced the integration of artificial intelligence into its platform. The aim is to make ESG (Environmental, Social, Governance) research and analysis faster, more accurate and more contextualised, thanks to AI based on data quality and structuring.
The fintech company is launching a six-month pilot programme, WeeFin AI Lab, and is looking for around ten financial institutions to contribute to the development of its intelligent co-pilot, so that it fully meets the needs of the market.
Data at the core of innovation
WeeFin places data quality at the centre of its approach. Reliable, well-structured data is essential for training high-performance artificial intelligence capable of generating relevant and directly actionable analyses. The AI tool is based on a progressive approach: strengthening the core business by ensuring the robustness of models, enabling augmented search capable of understanding and contextualising information, and offering customers a fluid environment where analyses and data are directly accessible in their tools.
‘Artificial intelligence is a powerful tool, but it can only be reliable with high-quality, well-structured data. Our goal is to offer useful AI that generates a real impact, not technology that is disconnected from the environment and the needs of analysts,’ emphasises Matthias Breier, Product Director at WeeFin.
An intelligent assistant for ESG analysis
Designed to strengthen the pre-investment phase, this integration transforms the way analysts process and interpret extra-financial information. The tool analyses companies prior to their inclusion in the portfolio in order to assess the relevance of each investment opportunity. It speeds up decision-making with clear recommendations, enriches analysis by combining quantitative and qualitative data, automatically contextualises strategies according to sector-specific characteristics, and ensures post-investment monitoring via ESG alerts.
Even analysts who are not specialised in ESG can now obtain reliable results in a matter of seconds, query their portfolios in natural language, and automate regulatory checks that were previously tedious. The tool thus simplifies daily work while ensuring a comprehensive and relevant analysis of ESG issues.
WeeFin has set itself the goal of co-creating this module with around ten financial institutions – mainly French or international management companies committed to sustainability – regardless of their size. This six-month programme is aimed at players wishing to transform their internal processes and explore concrete use cases for integrating AI into their business practices.
About Weefin
Founded in 2018 by former banking and finance professionals, WeeFin is a mission-driven company that supports financial institutions in deploying more ambitious sustainability strategies by centralising the entire ESG process (data collection, reporting, indicator calculation, commitment monitoring, regulatory updates, etc.) on a 100% modular platform, thus adapting to each client and their investment strategies. Now a leading player in the field, the company already has more than 40 clients in Europe, representing €6.9 trillion in assets.
It is part of the Impact 40 of the Impact France Movement, which identifies future impact unicorns, and the ESG Fintech 100 ranking.
