Naga integrates Rezolve AI into its social trading platform
German fintech Naga is tapping the London-based commerce specialist Rezolve to bring “a unique AI experience” to its social trading app.
The partnership will integrate Brain, Rezolve’s AI platform, into Naga’s social trading app, Naga Trader, which allows users to invest in currencies, stocks, ETFs, commodities, crypto and other forms of assets.
The integration is also set to extend to Naga’s e-payments solution, Naga Pay.
As a technology, Brain has been built to incorporate advanced AI algorithms, machine learning and natural language processing (NLP) capabilities.
According to the announcement, the unification of the two systems is set “to redefine Naga current and new users’ experience, provide real time personalised and intelligent market analysis, enhance trading proficiency as well as automate payments across multi languages”.
In the context of trading, Naga users will be able to interact with Brain in the same way they would with a human stockbroker. Furthermore, the technology can grant them insight into personalised market trends and how to optimally use Naga’s social trading platform.
In essence, the application of AI within this setting is poised to enable Naga users to make and execute smarter investment decisions.
Benjamin Bilski, CIO of Naga, says the integration “will further automate our client’s journey and lead to the highest degree in personalisation” and that “users will intuitively understand Naga social trading platform and their own trading performance better than ever before”.
“With Brain’s integration, Naga users can engage in intuitive, conversation-based interactions, unlocking insights and making data-driven decisions,” comments Dan Wagner, CEO of Rezolve.