Nov. 2023, 3
Cognitive function estimation with AI app, used for financial product transactions at banks Juntendo University develops app through industry-academia collaboration
Juntendo University, Glory Co., Ltd., and IBM Japan have developed Japan's first application that utilizes AI (artificial intelligence) that can estimate cognitive functions in financial instruments trading operations. Mitsubishi UFJ Trust and Banking started a pilot operation in March, and we are considering expanding to other financial institutions in the future.
According to the educational corporation Juntendo, it developed an "AI application that supports checking the suitability of financial products."Based on the customer's facial expression taken with a tablet and the content of the conversation with AI, the cognitive function is judged on a scale of 15 and presented as a degree of brain health. to sell.
The AI that estimates cognitive function was jointly developed based on data from Juntendo University, which has examined more than 600 cases of dementia patients.Standard tools run on IBM's cloud, but can also be deployed on other clouds.In the pilot operation, we are trying to find and solve problems and issues by actually using this AI application for dozens of customers who have given their consent.
As we enter the era of 100-year lifespans, the importance of asset building is increasing in order to live a prosperous life even as we age. In the financial industry, there is a need to sell financial products that take into account the cognitive function that declines with age. ing.
At this stage, there is no established method for accurately judging cognitive function by digital technology.For this reason, Juntendo University and others have developed an application that can estimate cognitive function and can be used as reference information.
