Business & Technology
WealthAi launches AI compliance tool for wealth managers
WealthAi has launched an artificial intelligence compliance tool for wealth managers and family offices, aimed at replacing spreadsheet-based monitoring of client communications.
The system uses AI agents to review communications in real time and generate audit records for compliance teams. It is being developed with input from industry partners including Saranac Partners and Patronus Partners.
Compliance monitoring is becoming a bigger issue for wealth management firms as regulators intensify scrutiny of how they assess financial crime and market abuse risks. Recent reviews by the Financial Conduct Authority found weaknesses in firms’ risk assessments and in how controls are linked to day-to-day operations.
WealthAi’s product is built around three agents. One is a compliance portal for chief compliance officers and their teams, with a dashboard of flagged communications and audit trails. Another is a Market Abuse Regulation agent for money laundering reporting officers and surveillance teams, designed to identify signs of insider dealing, market manipulation and front-running in communications.
A third tool, described as a trade surveillance agent, lets firms upload trade data from brokerages or custodians and link those records to relevant communications. This is intended to help compliance staff assess risk at transaction level rather than reviewing messages in isolation.
The system draws data from channels including Global Relay, Microsoft Outlook, WhatsApp and Teams. Its output is designed to meet FCA requirements.
Regulatory focus
The launch comes as wealth managers face pressure to show that their monitoring systems reflect how their businesses actually operate. Sample-based reviews remain common across the sector, but critics argue that selective checks can leave firms exposed if problematic messages or trading patterns fall outside the sample.
WealthAi is pitching the software as an alternative by analysing all communications rather than a subset. It says this reduces the operational risks associated with manual reviews and spreadsheet-based processes.
The company is also working on support for regulators outside the UK, including FINMA, JFSC and Consob, as it expands into Switzerland, Jersey and Italy. Additional agents for transaction reporting and suitability monitoring are also in development.
Jason Nabi, Founder and Chief Executive Officer of WealthAi, said: “Compliance and risk are the foundation on which client trust in wealth management is built – which is why we made it one of our first use cases. For too long, compliance teams have been asked to meet increasingly demanding regulatory requirements with tools that simply weren’t built for the job. Spreadsheets and sample-based monitoring leave gaps, and those gaps carry real risk. We believe AI can change that, not by replacing compliance professionals, but by giving them the tools to do their jobs with far greater confidence and far less friction.”
WealthAi has set up a steering group with wealth management firms to guide development of the product. Saranac Partners and Patronus Partners are among those involved, providing feedback as the system evolves.
This suggests the company is seeking close engagement with potential users in a sector where compliance processes are heavily shaped by internal controls, regulatory interpretation and record-keeping requirements. Tools that touch regulated workflows often require firms to be comfortable with how alerts are generated, documented and reviewed.
Partner feedback
Support from named wealth managers gives WealthAi early external backing as it tries to build credibility in a market that remains cautious about artificial intelligence in regulated functions. Firms have been more willing to use AI for administrative tasks than in areas directly involving surveillance, record-keeping and regulatory reporting.
Philip Dench, Head of Risk & Compliance at Saranac Partners, said: “WealthAi has the potential to revolutionise compliance monitoring and risk management, saving an incredible amount of time spent manually searching for key data.”
Penny Rooney, Compliance Director at Patronus Partners, added: “WealthAi aims to help compliance teams focus on the higher value key tasks by gathering data and automating workflows that can be time consuming. This offers the promise of far greater focus on proactive support of the business, with confidence in the data governance and robustness of the process.”
WealthAi said the compliance product is designed to fit into existing workflows rather than replace them outright. The wider platform includes tools for portfolio managers and a desktop assistant that links staff to different AI agents across front, middle and back-office work.
The business also offers access to third-party data and service providers through its marketplace and says its data layer connects to more than 250 custodians and banks. Investors include Fuel Ventures and Founders Factory.
The launch places WealthAi in a fast-growing area of financial technology, as firms try to apply artificial intelligence to surveillance, risk management and operational control without removing human oversight from regulated decisions.
The Lord Kitchener in Bampton Road, Curbridge closed down in August 2022, but was relaunched last month to the public.
Paul and Lianne Newton purchased the property from Greene King in 2024, free of lease, and set about organising an extensive refurbishment.
Mr Newton said: “We’ve been blown away by the support we’ve received so far.
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“We’ve already taken bookings for a wedding reception, and we’re receiving enquiries for events and private parties right through into 2027.
“It’s been an incredible start.”
The roadside oak-beamed pub dates from the early 18th century when it was known as the Herd of Swine.
The village social club was based there, and it supported local charities.
Military veteran Mr Newton now wants to turn it into a welcoming hub at the heart of the community.
It reopened on Wednesday July 15, but the couple say there are still some final touches to be done.
Mr Newton explained: “We knew there would always be more to do, but we wanted to get open, welcome people in and build a fantastic team.”
Included in that team is head chef James Brooks, who brings more than 30 years experience as a professional cook to the Lord Kitchener.
The menu is inspired by the vibrant flavours of the Mediterranean, showcasing fresh ingredients and complemented by carefully selected drink pairings.
Food includes Pamboli sandwiches, tapas, burgers, fish and chips and Argentinian grill steak.
“We’re learning every day,” said Mr Newton, “adapting and continually improving as we bring our vision to life”.
He added: “Our goal is to create a place where everyone feels welcome and enjoys spending time.
“We’re incredibly grateful for everyone’s support, patience and encouragement as we continue to grow.
“We’re excited about the future of The Lord Kitchener and look forward to creating something truly special that the whole Curbridge community can be proud of.”
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Local councillor Liam Mackenzie said after it opened: “Great to see the Lord Kitchener reopen in Curbridge a couple of weeks ago, bringing the number of pubs in the Ducklington Ward from 1 to 2!
“The only question now – where else needs a new pub?!”
Curbridge and Lew Parish Council owns a one-acre field alongside the pub called the Lord Kitchener Field.
In the early 2000s the pub was owned by Oxford-based brewery Morrells, which Greene King bought.
SOFIAH NICHOLE SALIVIO
News Editor
Wipro and Rubrik have launched Enterprise Resilience as a Service, aimed at enterprises facing cyber and operational disruptions.
The service combines Rubrik’s cyber and data resilience platform with Wipro’s WINGS delivery platform, part of the Wipro Intelligence portfolio. It is designed to move resilience beyond conventional backup and disaster recovery into a continuous operating model spanning technology, operations, and business processes.
The launch reflects growing demand from large companies for recovery planning that covers not only data restoration but also business continuity, identity protection, and responses to attacks that affect multiple systems at once. It also comes as organisations adopt more artificial intelligence tools, adding new operational and governance risks to existing cyber security concerns.
Under the service, companies identify critical systems, define the level of disruption the business can tolerate, and set recovery priorities. Those assessments then shape system architecture, governance models, and recovery playbooks.
Rubrik’s role centres on the underlying resilience platform. The service includes immutable protection, rollback of AI-driven changes, rapid identification of clean recovery points, threat-aware recovery, and protection for critical identity systems.
Wipro’s WINGS platform is intended to automate recovery workflows and support continuous assessment of a company’s resilience posture. The approach is designed to shift resilience from an activity triggered by incidents or periodic reviews into an ongoing management process.
Business focus
Satish Yadavalli, Global Business Head – Cloud, Infrastructure, and Security Services at Wipro, outlined the company’s position on the service.
“Where most resilience engagements start with technology, Wipro’s starts with the business use cases, and that distinction is what makes ERaaS stand out,” said Satish Yadavalli, Global Business Head – Cloud, Infrastructure, and Security Services at Wipro. “Together with Rubrik’s Zero Trust recovery capabilities, ERaaS will identify critical systems, map impact tolerances, and quickly establish recovery priorities. Leveraging our consulting capabilities, we will work closely with clients to translate these insights into resilience-by-design architectures, governance frameworks, and recovery playbooks.”
The companies are positioning the service as a consulting-led offering rather than a standalone software product. That suggests Wipro is seeking to tie cyber recovery more closely to broader transformation and risk programmes, while Rubrik extends its reach into larger enterprise accounts through service partners.
The partnership also highlights how cyber recovery has become a more prominent part of enterprise technology spending. Businesses have traditionally separated backup, disaster recovery, cyber security, and operational continuity into different teams and budgets. Vendors and services firms are now trying to bring those strands together as attacks become more disruptive and boards seek clearer accountability for recovery.
Recovery strategy
Rubrik described the joint service as part of a wider resilience agenda that treats recovery as a core operating requirement rather than an emergency measure.
“Together with Wipro, we are helping customers operationalize cyber recovery as a core part of a broader enterprise resilience strategy,” said Alok Agrawal, Chief Solutions Officer at Rubrik. “Moments of disruption are inevitable, which is why this joint offering is critical for safe, confident, agile recovery.”
Wipro employs more than 240,000 people across 65 countries and has been expanding its AI-related services through the Wipro Intelligence portfolio. Rubrik, which focuses on data protection and cyber resilience, has been building its position around securing and recovering data, identities, and workloads across cloud environments.
The launch adds to a crowded market for managed cyber resilience and recovery services, but the companies are drawing a distinction through continuous assessment and business-led design. In practice, customer uptake is likely to depend on whether enterprises are prepared to embed recovery planning more deeply into day-to-day operations rather than treat it as a compliance exercise or an insurance policy.
Rubrik’s platform in the new service also supports recovery of data, infrastructure, and identities while aiming to reduce downtime and business risk.
The Shaven Crown, believed to be among the oldest licensed inns in the country with a history of serving pints to patrons dating back to 1384, is up for sale to new owners.
The village pub in Shipton-under-Wychwood, between Burford and Chipping Norton, is currently closed and not trading, and has now been brought to the market by agent Colliers.
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Available freehold with vacant possession, the grade II listed property comprises eight guest bedrooms, a range of distinctive public trading areas, a commercial kitchen, a courtyard and gardens, customer parking, and spacious three-bedroom owners’ accommodation.
It’s most unique feature is the medieval Great Hall, a stunning space at the heart of the building that showcase it’s heritage with high ceilings, Cotswolds stone walls and open fireplace.
Peter Brunt, Director in the Hotels Agency team at Colliers, said: “The Shaven Crown is a truly special property and one that I know exceptionally well.
“I was fortunate to be involved in its sale in both 2013 and 2019 and then acted on the letting of the business in 2023.
“Over that time, I have come to appreciate not only the quality of the building itself, but also the affection in which it is held by guests, local residents and operators alike.
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“Having welcomed travellers for more than six centuries, The Shaven Crown has an extraordinary story behind it.
“We are pleased to have been entrusted once again with its sale and are confident that it will attract buyers who recognise both its commercial potential and its importance as one of the region’s most significant historic inns.”
The landmark hotel and pub was refurbished by previous owners Evelyn and Phil Roberts, who invested £600,000 after they bought the property in 2013 and before they sold it on in 2019.
Originally constructed as a hospice for the monks at nearby Bruern Abbey, the aptly named inn still has many of its original medieval features, including its Tudor door, cobbled floors and period features like mullioned windows.
As a hotel it reportedly once hosted Queen Elizabeth I and wartime fascist leader Oswald Mosley.
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The sales agent added that ‘substantial investment’ has been made to revamp the fabric of the property, like its roof and building infrastructure, to preserve its historic character while enabling its future use as a hospitality destination.
The Shaven Crown’s bar seats about 30, with beamed ceiling and fireplace, a snug for around five or six guests and a breakfast room seating 12 to 18 diners.
It’s accommodation offers guests easy access to the Cotswolds, to favoured destinations such as Burford, Stow-on-the-Wold, Bourton-on-the-Water and The Slaughters, while Oxford, Cheltenham, Stratford-upon-Avon and Cirencester are all within comfortable travelling distance.
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