Softlogic Stockbrokers, the full-service brokerage arm of Softlogic Capital PLC, has recently leveraged the power of Microsoft Azure OpenAI Service to introduce StockGPT, an innovative AI tool designed to empower the financial services sector.
Microsoft Azure OpenAI Service is an advanced, fully managed service that enables developers to seamlessly integrate cutting-edge OpenAI models into their applications. The service simplifies the adoption of AI technologies with a user-friendly Application Programming Interface (API) and offers robust scalability and reliability hosted on Microsoft Azure, allowing developers to deploy their AI applications confidently without worrying about managing the underlying infrastructure.
Since its launch, StockGPT has been analyzing credible and publicly available sources, including listed companies’ annual reports, to provide actionable insights for investors. This rigorous approach ensures that users receive accurate and trustworthy information, empowering them to make informed decisions. Softlogic Stockbrokers continuously updates and enhances this AI model, ensuring that StockGPT delivers the most relevant and timely information to its customers, staying at the forefront of the dynamic market landscape.
“The Microsoft Azure OpenAI Service has been instrumental in empowering our team at Softlogic Stockbrokers to push the boundaries of innovation. Its robust technologies have provided the foundation upon which StockGPT stands, enabling us to deliver advanced solutions that meet the evolving needs of our clients. In pursuing our vision to transform market research and enhance investor experiences, our collective efforts have turned a visionary idea into a tangible reality,” said Softlogic Life Insurance Chief Digital Innovation Officer Saranga Wijayarathne.
Microsoft Sri Lanka and Maldives Country Manager Harsha Randeny said, “The adoption of Azure OpenAI Service by Softlogic Stockbrokers exemplifies the transformative power of this technology.”