NETSOL Technologies names new VP of AI
NETSOL Technologies, a company specialising in business services and asset finance solutions, has named Dario Morelli as its new vice president overseeing AI.
Based in the UK, Morelli will lead NETSOL's Transcend AI Labs, an innovation hub focused on AI-powered automation, consulting, and product development.
In a statement announcing the launch of Transcend AI Labs, NETSOL said that the initiative aims to equip automotive and equipment OEMs, dealerships, and financiers with cutting-edge AI solutions.
The goal is to drive greater efficiency and strengthen their competitive edge in the market.
Morelli has more than 15 years of experience in data, analytics, and AI across various sectors, including fintech, insurance, and entertainment.
NETSOL Technologies co-founder and president Naeem Ghauri said: 'We are thrilled to welcome Dario to our team. His deep expertise in AI and fintech alongside his proven track record of success make him the ideal leader for our AI division.
'His leadership will play a pivotal role in advancing our AI-first strategy, further solidifying our position as an innovator in the industry and guiding us through the next phase of growth and innovation.'
Morelli said: '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.
'Delivering cutting-edge AI-powered solutions and services that not only enhance the company's internal operations but also provide significant value to clients across the globe will be truly inspiring.'
He most recently served as head of advanced analytics and AI for Admiral Group's international markets.
His work focused on enhancing risk assessment and optimising operational efficiency, covering Italy, France, Spain, and the US.
Before joining Admiral Group, Morelli was head of data analytics at the European open banking platform TrueLayer.
At TrueLayer, he built the company's first data team, providing key insights that shaped its payments strategy and automated compliance processes, according to NETSOL.
"NETSOL Technologies names new VP of AI " was originally created and published by Leasing Life, a GlobalData owned brand.
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"Chinese carmakers exist in this highly competitive market. While they're beholden to Chinese law and that may require compliance with national security agencies, none of them want to damage their ability to grow and to have international exports by being perceived as a security risk," he says. "The Chinese government equally is conscious of the need for economic growth. They're not hell-bent on solely conducting surveillance." Tesla's challenges run deeper than 'toxic' controversy around Elon Musk Xi's real test is not Trump's trade war Trump's chips strategy: The US will struggle to take on Asia But the car industry is just one area in which Chinese technology is becoming increasingly enmeshed in the UK economy. To achieve the government's climate objectives, for instance, "It will be necessary to use Chinese-supplied technology", adds Mr Jarnecki. He believes that regulators of key industries should be given sufficient resources to monitor cyber security and advise companies using Chinese products of any potential issues. As for electric cars powered by Chinese technology, there's no question that they're here to stay. "Even if you have a car that's made in Germany or elsewhere, it probably contains quite a few Chinese components," says Dan Caesar. "The reality is most of us have smartphones and things from China, from the US, from Korea, without really giving it a second thought. So I do think there's some fearmongering going on about what the Chinese are capable of. "I think we have to face the reality that China is going to be a big part of the future." Top image credit: Reuters BBC InDepth is the new home on the website and app for the best analysis and expertise from our top journalists. 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