Picture of Gerlinde Berghofer

Gerlinde Berghofer

COO and Co-Founder of BehaviorQuant

EU AI Act & New Regulations: How Advisors and Investors Stay Well Prepared

Reliable, transparent, and future-ready advice – with BQ Advisory

With the EU AI Act and tightened cybersecurity rules, financial advisors and institutions face new challenges. The rules now clearly require:

• Transparency & Client Protection: AI-based analyses must be transparent and understandable for clients. Clients should be clearly informed that and for what purpose AI is used in the advisory process – but they do not need to understand the technical functioning of the algorithms.

• Documentation & Quality Assurance: The use of AI must be documented, and it must be ensured that results are regularly reviewed and explained in an understandable way.

• Data Security: All data processing must comply with state-of-the-art technology and be reviewed regularly.

• Legal & Audit Security: Advisory processes must be documented so that they are verifiable and legally defensible at any time.

What does this mean in practice for advisors?

The requirements for compliance, documentation, and communication are increasing – and without the right tools, this often brings uncertainty and additional effort.

With BQ Advisory, you reliably meet the transparency and documentation requirements of the EU AI Act – without additional effort:

• Transparency & Client Protection: Automated advisory reports and emails explain the results and AI use to clients in clear, understandable language. This keeps the process transparent and ensures clients are protected through full disclosure.

• Documentation & Quality Assurance: All activities are automatically documented and stored in an audit-proof way. Advisors thus always have clear records of their advisory process – complete and without extra work.

• Data Security: BQ Advisory complies with the strictest EU security standards. All data processing follows state-of-the-art practices and is regularly reviewed – client data is used exclusively for advisory purposes and remains confidentially protected.

• Audit Security: All advisory reports and emails are automatically documented and securely stored. This ensures that advisory steps can be tracked at any time and easily demonstrated when needed – an important foundation for transparency and trust.

Easy Implementation:

Your advisory practice remains as simple as ever – no complicated workarounds or isolated solutions. You and your team continue advising as usual, while BQ Advisory reliably takes care of transparency and documentation requirements in the background.

This is how you make your advisory practice future-proof – transparent, reliable, and trust-building.

 

👉 Your Next Step:
Test BQ Advisory free of charge! Experience in a personal demo how easily you can meet transparency and documentation requirements – while strengthening client trust at the same time.

Start BQ Advisory

Dive into the World of Behavioral Finance and Stay Informed!

Are you eager to delve deeper into the fascinating realm of Behavioral Finance, while staying in the know about the latest breakthroughs and exclusive offers?

Join us for a newsletter packed with top insights. We respect your time – only the best content, once a month. Subscribe now!