Post by KI Park

On June 25th, our Expert Group "AI for Financial Services" met in Berlin for a packed agenda spanning AI for document and news analysis. The impulses varied from RAG, news intelligence, document AI to AI in combination with blockchain and a new member pitch from Salesforce.  🔍 DekaBank: RAG in credit analysis. DekaBank demoed their research assistant, pulling confidence levels, capital buffers, and scenarios from internal documents with full source traceability. The lesson: for credit analysis, governance (reproducibility, auditability, controllability) matters as much as the model. Thanks to Dr. Adrian Waltenrath & Sascha Seibert. 📰 YukkaLab: From news overload to credit signals. YUKKA processes 2M+ news articles a day to generate real-time, news-based credit risk scores, with clients reporting up to 85% less investigation time and 10x more risk events detected. Oliver Berchtold showed us their core engine that is used as an encoder (not a generative LLM), keeping hallucination risk near zero and how it can be used for investments and risks. 📄 IBB & NENNA.AI: Safe AI for document analysis — Eike Schmaida from Investitionsbank Berlin (IBB) shared their journey from "no AI allowed" to a structured rollout of safe AI use with NENNA.AI. Lars Moll from nenna.ai pitched their approach of a real-time PII masking before any LLM call, re-identified locally afterward, letting regulated institutions use models like Claude or ChatGPT without data ever leaving in the clear. 🤝 Salesforce: New KI Park member, agentic banking vision — Salesforce joined as a new ⭕KI Park member and presented their "Agentic Operating System" for banking, built on trust, data, agents, and experience. Pre-configured agents were a strong proof point, alongside a candid discussion of the industry's shift from license-based to consumption/token-based pricing. Thanks to Philipp-B. Sparwasser and Max Albert. ⛓️ KYB@Blockchain: A homegrown KI Park project — Our project (with DekaBank, DZ HYP, BerlinHyp, Die Sparkasse Bremen AG, Berliner Volksbank eG, Deloitte) presented by Dr. Oliver Fink, Jens Hermann Paulsen and Pia Gildein, showcased a Point-of-View on adapting the UAE's KYB blockchain model for Germany. Banks currently each verify the same corporate data independently. A shared, permissioned blockchain ("Golden Copy" principle, only hashes on-chain) could cut KYB costs by 50–65% while staying GDPR-compliant. Recommendation: explore a pilot consortium. 📩 Want to join the next "AI for Financial Services" meeting? If you are a representative of a bank, asset manager, insurance company or any other financial institution, reach out to [email protected] Dr. Florian Schütz Julian Schenk