Web app
TakeNote
TakeNote is an AI-powered meeting notes and document extraction tool for UK regulated financial advisers. It generates FCA-compliant suitability records, auto-fills provider forms, and provides team-scoped access with a full audit trail.
- Platform
- Web app
- Categories
- Transcription, AI Analytics Assistant, AI Team Collaboration, AI Speech Recognition, Transcriber, Speech-to-Text, AI Meeting Assistant
- Indexed
- 2024-02-19
About TakeNote
What is TakeNote
TakeNote is a specialized AI tool designed for FCA-regulated financial advisers in the UK. It records client meetings, transcribes them with speaker labels, and generates structured suitability notes that align with FCA requirements. The tool also extracts key data from client documents, such as pension statements, and auto-fills provider application forms for e-signature. All data is encrypted, isolated per firm, and never used to train AI models, ensuring compliance with UK GDPR.
Key features
Key features include live transcription with speaker labels, FCA-structured suitability note generation, vulnerable customer flags, and follow-up action items. It supports document extraction from uploaded files, auto-filling provider forms, and built-in e-signature. Team management features include role-based access, single sign-on, and a firm-wide activity log. The tool boasts a 3% word error rate, handles background noise, and saves advisers 45 minutes per meeting. It also includes custom firm vocabulary and wealth management terminology.
Use cases
TakeNote is used by UK financial advisers to create audit-proof client records. It captures in-person or online meetings, extracts data from client documents like pension statements, and auto-fills provider forms. The tool supports MiFID II record-keeping, FCA suitability note structure, and Consumer Duty compliance fields. It is built exclusively for UK wealth managers, distinguishing it from generic meeting tools that lack compliance-specific features.
Pricing
The page does not provide specific pricing details. It offers a free trial and a demo, with no credit card required. The tool is positioned as a premium solution for regulated firms, with features like SSO and custom vocabulary included in standard plans, whereas generic tools often charge extra for these.
Questions
TakeNote FAQ
- What is TakeNote?
- TakeNote is an AI tool available as a web app in the Transcription, AI Analytics Assistant, AI Team Collaboration categories. TakeNote is an AI-powered meeting notes and document extraction tool for UK regulated financial advisers. It generates FCA-compliant suitability records, auto-fills provider forms, and provides team-scoped access with a full audit trail.
- What is TakeNote used for?
- TakeNote is filed under Transcription, AI Analytics Assistant, AI Team Collaboration, AI Speech Recognition, Transcriber, Speech-to-Text, AI Meeting Assistant in the AITOOLIST index. TakeNote is an AI-powered meeting notes and document extraction tool for UK regulated financial advisers. It generates FCA-compliant suitability records, auto-fills provider forms, and provides team-scoped access with a full audit trail.
- Is TakeNote a web app, an extension or a native app?
- TakeNote is a web app.
Listed in the AITOOLIST index since 2024-02-19.