Deutsche Bank partners with finaXai on token fund servicing

It will assess the integration of machine learning and large language models into asset servicing workflows.

Deutsche Bank has announced a collaboration with Singapore-based fintech start-up finaXai to explore how artificial intelligence (AI) can support the servicing of tokenised investment funds.

The initiative aims to build on Project DAMA 2, a multi-chain asset servicing pilot designed to improve fund servicing efficiency through blockchain technologies.

The partnership will assess the integration of machine learning and large language models (LLMs) into asset servicing workflows.

According to Deutsche Bank, the goal is to enhance fund lifecycle management with tools that improve speed, transparency, and accuracy whilst maintaining explainability.

FinaXai was co-founded by researchers from Nanyang Technological University and the National University of Singapore, and operates within the Fincubator programme at the Asian Institute of Digital Finance.

In a media release, Deutsche Bank said the project will “unify leading research-backed solutions with industry applications to reduce complexity and boost AI’s explainability and integration with DLT.”

The bank stated that the collaboration is part of its effort to better understand the evolving needs of asset managers in the context of digital asset servicing.

FinaXai’s focus is on developing AI solutions that are both transparent and aligned with industry requirements. The startup combines academic research with applied machine learning and natural language processing to create tools for data-driven asset selection and portfolio construction.