Ant International

Fintech · AI · Banking

Partnership

Ant International's Falcon 2.0 forex AI adopted by Citi, HSBC, StanChart

The tool promises to cut foreign-exchange hedging costs by more than 60%, reshaping how global banks manage currency risk.

• Ant International launched an upgraded AI model, the Falcon Time-Series Transformer Model 2.0, with Citi, HSBC, Deutsche Bank, Standard Chartered and Barclays now using it to manage liquidity risk.
• Ant International is the Singapore-based overseas affiliate of Jack Ma-founded Ant Group, building AI and treasury tech for cross-border payments and global banks.
• General manager Kelvin Li said the model is built specifically for financial scenarios, giving it an edge over general-purpose large language models that have 'yet to achieve a universal breakthrough' in finance.
• Ant International says the model's precise forecasting can slash foreign-exchange hedging and allocation costs by more than 60%.
• The rollout follows Ant International's $1.2 billion equity fundraising last month, capital it is using to fuel global expansion.
• Major global banks embedding a fintech vendor's specialized AI into treasury operations shows such tools are becoming core financial infrastructure, not just experimental add-ons.