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Finance

Mindstone and Templar Partner to Upskill Financial Sector

Published by Jessica Weisman-Pitts

Posted on August 6, 2024

Featured image for article about Finance

Mindstone, an AI training platform, and Templar Advisors, a communications coaching firm specializing in financial services, have announced a collaboration to address the AI skills gap in the financial sector.

The partnership will provide Templar’s clients access to Mindstone’s AI Competency Program. This initiative comes as AI spending in financial services is projected to reach $97 billion by 2027, the highest among major industries.

The collaboration aims to help financial institutions upskill their workforce in AI technologies, focusing on innovation and growth without resorting to automation-related job cuts. It also aligns with the upcoming EU AI Act, which will mandate AI training for employees from December.

Templar Advisors’ team will undergo the AI Competency Program, enabling them to advise clients from first-hand experience. Joshua Wöhle, CEO of Mindstone, and Joseph Bikart, Co-Founder of Templar Advisors, both expressed enthusiasm for the partnership’s potential to drive positive impact in the financial services industry.

The program will focus on practical AI skills, compliance with regulatory requirements, and enhancing competitiveness in an increasingly AI-driven market.