NETSOL Technologies Appoints New Vice President of AI

NETSOL Technologies Appoints New Vice President of AI

NETSOL Technologies Appoints Dario Morelli as New Vice President of AI

NETSOL Technologies, a prominent company that offers business services and asset financing solutions, has recently announced the appointment of Dario Morelli as the new Vice President focusing on artificial intelligence (AI). Morelli, based in the UK, will spearhead the efforts of NETSOL’s Transcend AI Labs, an initiative dedicated to innovation in AI, product development, and consulting.

What is Transcend AI Labs?

Transcend AI Labs is envisioned as a key innovation center for NETSOL. The primary goal of this initiative is to deliver advanced AI solutions to various stakeholders in the automotive and equipment sectors, including original equipment manufacturers (OEMs), dealerships, and financing firms.

Key Objectives of Transcend AI Labs:

  • Enhancement of Operational Efficiency: Utilising AI to streamline processes and reduce operational costs.
  • Competitive Advantage: Providing cutting-edge technology to strengthen the market position of automotive and equipment companies.
  • AI-Powered Solutions: Focusing on innovations that can add significant value to clients around the world.

Dario Morelli’s Expertise

Dario Morelli brings over 15 years of extensive experience in data analytics and AI across multiple industries, including fintech, insurance, and entertainment. His background enables him to lead NETSOL towards innovative advancements in AI technology.

Previous Roles:

  • Admiral Group: Morelli was the head of advanced analytics and AI for the international markets, where he worked on improving risk assessment and operational efficiency. His responsibilities covered several regions, including Italy, France, Spain, and the United States.

  • TrueLayer: He served as the head of data analytics at this European open banking platform, where he established the company’s inaugural data team. His insights were crucial in shaping TrueLayer’s payments strategy and automating various compliance processes.

Statements from NETSOL Leadership

Naeem Ghauri, co-founder and president of NETSOL Technologies, expressed excitement about Morelli’s appointment, stating, “We are thrilled to welcome Dario to our team. His deep expertise in AI and fintech, along with his proven track record of success, makes him the ideal leader for our AI division.” Ghauri emphasized that Morelli’s leadership would be critical in advancing NETSOL’s AI-first strategy and in propelling the company’s growth and innovation forward.

Morelli himself commented on the significance of his new role, stating, “Joining NETSOL and leading Transcend AI Labs during such an innovative time is an incredible opportunity to shape the future of AI in the asset finance and financial services industry.” He highlighted that there is a great potential for AI-powered solutions not only to improve internal operations but also to offer substantial benefits to clients.

The Future of AI at NETSOL

NETSOL Technologies aims to position itself as a leader in the AI space with the establishment of Transcend AI Labs and the addition of experienced professionals like Dario Morelli. By focusing on AI technologies, the company is poised to redefine how businesses in the automotive and equipment finance sectors operate, making them more efficient and competitive in today’s rapidly evolving market.

Through the application of innovative AI solutions, NETSOL continues to strengthen its commitment to providing high-quality services that meet the demands of clients globally.

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