Dutch multinational bank ING has announced the launch of what it describes as an “industry-first” research-powered model for currency trading.

The AI tool, called Pathfinder Investment Research, aims to provide instant, plain-language access to the bank’s market insights, which are based entirely on its own data.

ING’s foreign exchange (FX) teams will use Pathfinder to deliver real-time insights to clients to boost market intelligence in currency markets.

The bank has partnered with AI company Behavox on the technology rollout.

The tool is now being rolled out across ING’s full product suite, with front-office teams in all asset classes gaining access to tailored research.

The organisation said that the launch marks the next step in its strategy to leverage large language models (LLMs) for smarter, on-demand financial intelligence.

ING currently has more than 60,000 employees offering retail and wholesale banking services to customers in more than 40 markets.

“AI has the power to fundamentally change how clients access and use financial research," said Simon Bevan, global head of e-Trading at ING.

He added that the move will create smarter, faster ways for clients to interact with its insights.

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