Straker & IGUAZU launch AI tool for Japan's financials

Straker and IGUAZU Corporation have launched SwiftBridge, a new AI-powered tool to assist Japanese companies in meeting financial disclosure requirements.

With the Tokyo Stock Exchange mandating that its 1,600 Prime Market-listed companies publish quarterly financial statements in both English and Japanese by April 2025, the demand for bilingual financial reporting solutions has increased substantially. SwiftBridge AI is designed to address this need by advancing how financial institutions manage these requirements efficiently and accurately.

The core of SwiftBridge AI is Tiri-J, a specialised language model trained specifically for Japanese financial reporting. Straker asserts that Tiri-J surpasses other large language models in terms of mastering complex financial terminology, thereby guaranteeing precision. The integration with IBM Watsonx's enterprise-grade infrastructure ensures the solution is scalable and fit for the demands of bilingual financial reporting.

Under a new exclusive distribution agreement, IGUAZU Corporation will be responsible for introducing SwiftBridge AI to Japan by leveraging its workforce of over 300 employees, which includes more than 60 trained sales experts. The company's established connections within Japan's banking, insurance, and financial services sectors position it well to promote this new solution to businesses requiring reliable bilingual disclosure tools.

Grant Straker, CEO and co-founder of Straker, remarked on the significance of the collaboration. "With Japan's financial sector under increasing pressure to provide English-language disclosures that meet global investor expectations, SwiftBridge AI offers a timely and innovative solution," he said. "By combining our AI expertise with IGUAZU's market reach, we are set to revolutionize bilingual financial reporting in Japan."

According to Straker, the mobilisation of IGUAZU's salesforce is expected to expedite the adoption of SwiftBridge AI across Japan's financial services industry. This tool aims to assist businesses in navigating the new regulatory framework while enhancing their communication with international investors.