A strategic partnership for responsible AI
The joint initiative between LIST and BIL sets out to create a rigorous, science-based methodology and
software platform for the assessment of AI agentic systems. Robust evaluation of AI solutions is essential to
gain both user and customer trust, and to ensure that AI solutions in critical domains such as banking are not
affected by shortfalls in generative AI, such as hallucinations and bias. The project will focus on k ey pillars such
as robustness, fairness (i.e., lack of social bias), and human oversight — characteristics
“Generative AI is already transforming the banking industry” commented Olivier Gorin, Head of Digital Banking
at BIL. “Thanks to our collaboration with the experts from the LIST, we will get invaluable insights on Gen AI
technology. It will help us adapt future services to clients’ needs and improve personalization in a secure and
accurate way. This project is also a prime example of our commitment to a thriving Luxembourg innovation and
financial ecosystem."
The project will make the most of the capabilities of the LIST AI Sandbox and further enhance its maturity and
Technology Readiness Level, making it applicable to a broader range of real-world use cases.
“This collaboration is a significant step forward in the evolution of the LIST AI Sandbox,” said Francesco
Ferrero, Head of the Flagship Initiative on Artificial Intelligence at LIST. “It already serves as a platform for
assessing the ethical, linguistic, and technical performance of AI systems. By integrating BIL’s real -world use
cases, we’re enhancing the AI Sandbox’s maturity and applicability in the financial sector —moving closer to a
scalable and market-ready framework for trustworthy AI deployment in mission-critical applications and
regulated industries.”
This project marks the first milestone of a broader collaboration aimed at advancing the responsible adoption of
AI at BIL and across the Luxembourg banking sector. It offers a replicable model for trustworthy AI assessment
and deployment. The initiative reflects both institutions’ commitment to putting trustworthy AI into practice —
ensuring it delivers operational excellence, meets regulatory requirements, and safeguards customer interests.
About LIST
The Luxembourg Institute of Science and Technology (LIST) is a research and technology organization (RTO) under the supervision of the Ministry of Research and Higher Education, and its mission is to develop competitive and market-oriented prototypes of products and services for public and private stakeholders.
With more than 760 employees, 78% of whom are researchers or innovators from all over the world, LIST is active in the fields of information technology, materials, space resources and the environment, and works across the entire innovation chain, from basic and applied research to technology incubation and transfer.
By transforming scientific knowledge into intelligent technologies, data and tools, LIST:
- helps European citizens make informed choices
- helps public authorities make decisions
- encourages companies to develop
For more information about the Luxembourg Institute of Science and Technology, please visit: https://www.list.lu
