Fineco CEO Hails Inhouse Tech
Fineco relies on a hybrid infrastructure and in-house technology to manage risks and control costs as artificial intelligence grows. CEO Alessandro Foti notes this approach reduces exposure to external suppliers.
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FinecoBank relies on in-house technology and a hybrid infrastructure to manage IT costs and risks as artificial intelligence adoption accelerates, Chief Executive Alessandro Foti said on Tuesday afternoon. The Italian digital bank develops and trains AI agents internally while hosting open-source models on-premise. Regulators view heavy reliance on external cloud providers as a vulnerability for financial institutions, highlighted by a recent UK service outage at Alphabet unit Google.
