Joseph Twigg

CEO
Aveni

Joseph is CEO of Aveni, an award-winning, Edinburgh based fintech company specialising in AI-driven risk assurance solutions. Prior to founding the company Joseph spent 15 years working in the Investment Industry in Edinburgh and London, laterly as the Head of Strategy and Business Management for Aberdeen Standard Investments. Joseph holds post graduate qualifications from Stanford University in Strategy & Risk Management, an Executive MBA from the University of Edinburgh, a BSc in Biotechnology & Applied Genetics and several certifications in investment and finance

“We started Aveni with the vision to deliver technology solutions that could really transform the financial services sector. Generative AI represents the most significant technological evolution of our generation and we’re in the nascent stages of adoption. Both the way in which advice is delivered to customers and the economics of the industry will be transformed through the implementation of Artificial Intelligence. We want to set a new standard for the controlled, responsible and ethical adoption of Generative AI, outperforming all other generic models across our selected financial service use cases. Consumers want to speak to people when making important financial decisions and AI can completely eliminate administration burdens, allowing for more direct client conversations. But the approach needs to be transparent, information is reliable, and bias removed to ensure the trust of those deploying it and the consumers engaging with it.

Aveni is revolutionising financial services with its award-winning AI FinTech solutions. Leveraging cutting-edge natural language processing (NLP) technology, our advanced AI platform analyses documents and meetings, extracting actionable insights to drive operational excellence. From automating client administration and compliance monitoring to enabling Consumer Duty management and adviser performance assessment, Aveni’s AI seamlessly integrates with your human expertise, delivering unparalleled efficiency gains across the entire business operating model. Bridging the gap between generic AI offerings and the unique needs of the financial industry, Aveni’s purpose-built AI assistant is tailored to accelerate FS workflows. With a team of world-leading NLP scientists and engineers, Aveni empowers businesses to harness the transformative potential of AI to enable more streamlined operations and enhanced productivity.​​​​​​​​​​​​​​​​ In 2024 Aveni was awarded Fintech of the Year at the Scottish Fintech Awards.