Presight, a global AI and data analytics company, has signed a Memorandum of Understanding (MoU) with HSBC UAE to work together on developing and applying advanced artificial intelligence across key financial services functions.
The agreement reflects both organisations’ shared focus on responsible technology use and the role of intelligence-led tools in meeting the needs of the sector.
Signed during Abu Dhabi Finance Week (ADFW), the MoU aims to speed up the use of new AI capabilities that improve risk awareness, support operational performance and strengthen customer and business insights. The work will look at how AI can support efficiency, regulatory compliance and sustainable client growth.
The collaboration will focus on several areas: intelligent risk and compliance, human capital intelligence, client growth and insights, client acquisition, and real-time analytics for senior decision-making. These priorities bring together the strengths of both companies and support efforts to advance innovation and resilience within the financial services field.
Mohamed Al Marzooqi, Chief Executive Officer, UAE, HSBC Bank Middle East Limited, said: “AI is transforming how banks operate and serve their customers. Our collaboration with Presight supports the UAE’s ambition to advance its AI capabilities and reflects our commitment to adopting advanced technologies that improve risk management, empower our people and help us deliver better client experience.”
Thomas Pramotedham, Chief Executive Officer of Presight, said: “HSBC is one of the most respected names in global banking, and we are honored to work alongside them to reimagine the future of financial services through applied AI. By combining our technological capabilities with HSBC’s global banking expertise, we aim to enhance oversight, elevate efficiency, and unlock strategic insights that support resilient and sustainable growth.”
The agreement also sets a framework to measure outcomes and ensure responsible implementation. A joint working group will oversee the partnership, define activity areas, track progress and maintain governance based on transparency and shared standards.
Presight continues to build partnerships across the financial sector to support AI development, regulatory alignment and national strategies, including the UAE’s Financial Infrastructure Transformation Programme. These efforts reinforce Presight’s role as a provider of sovereign-grade AI designed to support resilience, efficiency and improved customer experience, and contribute to the UAE’s position as a hub for data-driven innovation.