29 July 2024 12:03 am Views - 190
Softlogic Stockbrokers Director/Chief Executive Officer Dihan Dedigama, Softlogic Life Chief Digital Innovation Officer Saranga Wijayarathne and Microsoft Sri Lanka and Maldives Country Manager Harsha Randeny with Softlogic Stockbrokers and Microsoft Sri Lanka representatives
Softlogic Stockbrokers, the full-service brokerage arm of Softlogic Capital PLC, has recently harnessed the power of Microsoft Azure OpenAI Service to introduce StockGPT, an innovative AI tool designed to empower the financial services sector.
Microsoft Azure OpenAI Service is an advanced, fully managed service that empowers developers to seamlessly incorporate cutting-edge OpenAI models into their applications. The service is designed to streamline the integration process, offering a straightforward and user-friendly Application Programming Interface (API) that simplifies the adoption of AI technologies. Hosted on Microsoft Azure, the service provides robust scalability and reliability that developers can leverage to deploy their AI applications with confidence, without having to worry about managing the underlying infrastructure.
Since its launch, StockGPT has been analysing credible and publicly available sources, including listed companies’ annual reports, to provide actionable insights for investors. This rigorous approach ensures that users receive accurate and trustworthy information, empowering them to make informed decisions. Furthermore, the continuous updates and enhancements introduced by Softlogic Stockbrokers to this AI model ensure that StockGPT delivers the most relevant and timely information to its customers, thereby staying at the forefront of the dynamic market landscape.
“The Microsoft Azure OpenAI Service has been instrumental in empowering our team at Softlogic Stockbrokers to push the boundaries of innovation. Its robust technologies have provided the foundation upon which StockGPT stands, enabling us to deliver advanced solutions that meet the evolving needs of our clients. In pursuing our vision to transform market research and enhance investor experiences, our collective efforts have turned a visionary idea into a tangible reality,” said Softlogic Life Insurance Chief Digital Innovation Officer Saranga Wijayarathne.
Microsoft Sri Lanka and Maldives Country Manager Harsha Randeny said, “The adoption of Azure OpenAI Service by Softlogic Stockbrokers exemplifies the transformative power of this technology.”