Chase Hughes is looking to revolutionize the financial sector with his newest project, ProAI. After two years of research and development, ProAI is a state of the art AI-based program that will help financial services professionals to create precise and up-to-date business plans and pitch decks faster.
This development comes after the booming success of Chase’s first enterprise, EquityUp, a fintech firm that streamlines the process of onboarding investors and managing transactions with its advanced platform technology. As a result of ProAI’s introduction, financial services operations have the opportunity to become more efficient as well as maintain accuracy while they work.
Despite many advancements in other industries like programming, content production, and working from home, many firms in the financial services world are still stuck using obsolete systems and practices. This is partly owing to the unique applications used in the financial services industry, which numerous new technologies aren’t prepared to handle, but it’s also because companies in this industry are wary of using technologies that aren’t built on a secure, enterprise-ready infrastructure that provides data protection and confidentiality.
In an effort to compete with products like Canva’s “Magic Write” and “Notion AI” that offer similar capabilities, ProAI is the most recent and anticipated venture, specifically focusing on financial services content and working with sensitive data.
Chase Hughes, CEO of Pro Business Plans, is confident that ProAI will revolutionize the financial services sector by offering a more accurate and sophisticated way to create business plans, pitch decks, and other materials that help professional services firms better prepare for growth.
ProAI is designed to give financial analysts a productivity boost rather than replace them, allowing them to better serve their clients and customers. Depending on user specifications, ProAI can utilize different levels of automation, and Pro Business Plans is currently focused on enhancing the quality control of the program and improving its training data. Hughes is devoted to helping his customers succeed, and he and his team are working hard to ensure ProAI continues to remain at the cutting edge of financial analytics solutions.
ProAI Mixes Traditional Knowledge with Modern Technology
“Our team of experts, combined with the help of Usama Shahid – an AI/ML researcher at the University of Gloucestershire – have come together to create ProAI; a project that harnesses the power of specialized knowledge gained over many years in a particular industry, combined with the most recent advancements in software and infrastructure” says Hughes.
According to Chase Hughes, Shahid has been instrumental in the success of this project, as his unparalleled experience in harnessing AI to benefit the financial services sector has allowed us to push the boundaries of what is possible. Our team is also indebted to Thomas Caceres, who has over a decade of experience in corporate finance and strategy roles, including UBS.
“His expertise has been a vital addition to the project and has ensured that the system is both useful and scalable. We are hopeful that this is only the start of a larger disruption, and that with the help of our advisors, we can continue to make positive strides in the field of artificial intelligence.”
Chase Hughes on the Future of AI in Financial Services
It is clear that the use of AI technology in the financial sector is on the rise. Companies are using AI-driven technology to improve their customer service and automate complicated processes. For example, chatbots powered by AI can be a great help to customers by assisting them in navigating a company’s website and responding to their questions.
This automated customer service can provide customers with the information they need quickly and conveniently, resulting in a better overall experience. Furthermore, AI-driven technology can also be used to analyze data more accurately and effectively, providing financial organizations with more insightful analysis. All these traits make AI in financial services a promising prospect for the future.
The use of AI in financial services is becoming increasingly popular in order to enhance customer service, give clients individualized financial recommendations, and reduce fraud. Chase Hughes and his top ranked firm at Pro Business Plans is one such company that is using AI to make clients more aware of their financial circumstances and give financial advice that matches their unique circumstances.
The AI-powered tools that Chase Hughes provides also increases the security of banking transactions and helps protect the assets of both clients and the company. It is clear that AI-driven solutions have a lot of potential in the financial services industry, and Chase Hughes has set an example of how this technology can be used effectively.