London, 29 October 2024 - Multiply, a multi-award-winning algorithmic and AI platform for financial advice, is partnering withScottish Widows, a UK leader in pensions and insurance.
The Proof of Concept (PoC) is a direct result of Multiply’s progression through the Lloyds Banking Group Launch programme. Launch is a collaborative innovation programme offering rapid experimentation with access to subject matter experts. Multiply’s success in the programme highlights the potential of innovative technologies to transform the pensions landscape.
Together, Multiply and Scottish Widows will be aiming to revolutionise pension guidance through algorithmic AI-driven personalisation and an enhanced user experience.
This PoC aims to address the growing demand for accessible, personalised pension support. By combining Multiply's expertise in digital wealth management with Scottish Widows' deep insights into customer needs in the pensions market. This partnership will be exploring the unique complexities of retirement planning and what that means to customers.
Vivek Madlani, CEO of Multiply, stated, “This partnership seeks to make quality pension guidance accessible for all. Our advanced, personalised tools aim to give customers better insight and control to plan confidently for the future.”
For more information, please contact Lee Brooks at Multiply.
