AI Solutions
AI for Financial Services
We help wealth managers, family offices, and asset managers automate reporting, due diligence, and compliance—so your team focuses on relationships and returns, not manual processes.
Short answer
Karven builds and ships production AI for wealth managers, family offices, and asset managers in France, Monaco, and Italy. We automate reporting, due diligence, and compliance checks in under 90 days, typically cutting the cost of each process by around 30% with a 3.7x first-year ROI—GDPR and EU AI Act compliance built in.
Who We Work With
Wealth Managers Family Offices Asset Managers Private Banks
Specific Use Cases
AML & KYC Document Automation
Typical Timeline: Discovery 2 weeks · Development 8 weeks · Integration 4 weeks · Training 2 weeks
The Problem
Manual AML document review takes 45 minutes per customer. A 50-person compliance team processes just 800 reviews per week, with error rates above 12%. Regulatory pressure under AMLD6 and MiFID II demands faster, more accurate screening.
Our Solution
AI document classifier with entity extraction automatically categorises identity documents, bank statements, and beneficial ownership structures. Cross-references against PEP lists, sanctions databases, and adverse media in real-time.
Expected Outcome
Review time reduced from 45 minutes to 3 minutes per customer. 93% accuracy rate. €2M annual savings for a 50-person team. Full audit trail for GDPR and AML compliance.
Intelligent Due Diligence
Typical Timeline: Discovery 2 weeks · Development 10 weeks · Integration 4 weeks · Training 2 weeks
The Problem
Due diligence on new investments requires reviewing 200+ documents across multiple jurisdictions. Analysts spend 60% of their time on data extraction, not analysis. Critical risks are occasionally missed in the volume.
Our Solution
AI extracts key data points from financial statements, legal documents, and regulatory filings. Flags inconsistencies, cross-references databases, and generates risk-scored summary reports with source citations.
Expected Outcome
Due diligence cycle reduced from 3 weeks to 5 days. Risk detection improved 40%. On a €40M acquisition, the full review — 200+ documents across three jurisdictions — was completed inside the 5-day window, with every flagged inconsistency traced to source.
Real-Time Compliance Monitoring
Typical Timeline: Discovery 2 weeks · Development 12 weeks · Integration 4 weeks · Training 2 weeks
The Problem
MiFID II, GDPR, AMLD6, and AI Act requirements change constantly. Manual monitoring across multiple jurisdictions is slow and error-prone. A single missed regulatory change can result in fines exceeding €10M.
Our Solution
AI monitors regulatory changes across EU, French, and Monegasque authorities. Checks portfolio compliance in real-time against current rules. Generates automated alerts and pre-filled regulatory reports.
Expected Outcome
Continuous compliance monitoring across 3+ jurisdictions. Breach detection time reduced from days to minutes. Regulatory reporting preparation time cut by 70%.
Predictive Market Intelligence
Typical Timeline: Discovery 2 weeks · Development 8 weeks · Integration 4 weeks · Training 2 weeks
The Problem
Market analysis relies on expensive third-party reports (€50K-200K/year) and manual research. Insights arrive days or weeks late. Portfolio managers lack real-time signals for emerging risks and opportunities.
Our Solution
AI monitors financial news, SEC/AMF filings, earnings calls, and alternative data sources. Surfaces relevant insights, detects sentiment shifts, and identifies emerging trends before they hit mainstream reports.
Expected Outcome
Real-time market intelligence replacing €150K in annual report subscriptions. Actionable alerts 48 hours ahead of traditional research. Better-informed allocation decisions across wealth and asset management.
Compliance & Security
Data Sovereignty
All data stays in European infrastructure. Full control over data residency.
Regulatory Ready
Built for MiFID II, GDPR, and AI Act compliance from day one.
Bank-Grade Security
Encryption, access controls, and audit trails that meet financial industry standards.
European Standards
Built for firms operating across Monaco, France, and the wider EU — data handling and reporting that respect each jurisdiction's rules.
Common questions
Questions, answered
How much does AI for financial services cost?
We start with a 5-day Quick Win Sprint from €5,000 on one process—reporting or due diligence, for example—so you see value before a larger commitment. Full implementations typically deliver around 30% cost reduction on the automated workflow and 3.7x ROI in the first year.
How quickly can it go live?
Under 90 days to a production result, and the Quick Win Sprint gives you something usable in 5 days. We build directly rather than running long discovery phases, so most of the timeline is real implementation.
How do you handle GDPR, the EU AI Act, and where data is stored?
Compliance is built in. Every implementation is GDPR-aware by design and prepared for EU AI Act obligations ahead of the deadlines. Client data stays in the EU, and for sensitive financial data we deploy fully on-premise so nothing leaves your infrastructure.
Does it work with our portfolio and CRM systems?
Yes. We connect to the portfolio management, CRM, and reporting tools you already run—no rip-and-replace. The AI reads from and writes to your existing systems so your team keeps working the way they do today.
Is this right for a firm of our size?
We work best with established firms that have real processes and real data—repetitive reporting, document review, or compliance work AI can make faster and more accurate. If you're pre-process or still very small, we'll tell you honestly that the timing isn't right yet.
Ready to modernise your operations?
We'll map your workflows and show you where AI delivers the highest return for your firm.
Book a Discovery Call