Axis Capital has introduced Sound Bytes, an AI-generated audio summaries of its research reports. These short, 2-minute clips give investors a quick overview before they decide whether to read the full report. The idea is to save time, reduce information overload, and make research easier to access even while driving, commuting, jogging, or grabbing coffee.
Traditional research reports are still text-heavy, a format carried over from the print era. While digitisation cut down on paper, the way research is written and shared hasn’t really changed. Meanwhile, the volume of information keeps growing, making it harder for investors to keep up.
Sound Bytes solves this by turning research into short, clear audio updates. They are not just quick abstracts or clickbait but focused summaries that highlight key insights and investment calls. Audio is also easier to process and reduces fatigue compared to constant reading.
Axis Capital produces thousands of research pieces each year. Using AI-powered large language models, the company can now summarise and deliver these reports in audio form quickly, accurately, and in line with regulatory guidelines.
Atul Mehra, MD and CEO, Axis Capital, said, “We are delighted to lead the charge in AI-led products in investment banking in India. We are experimenting with a range of such solutions to service our clients better across our divisions. While Sound Bytes helps address the critical problem of information overload for investors, there are other solutions on the way that can reshape our engagement with clients and dramatically reduce turnaround times. The industry is awash in AI chatter, but we are glad to have the first product off the ground.”
Neelkanth Mishra, MD and Head of Global Research, Axis Capital and Chief Economist, Axis Bank, said, “As the Indian market grows in size and diversity, we understand the challenges it places on our clients’ time. Sound Bytes is only the first in a tranche of solutions that are re-shaping the way our clients can engage with our products. We are deeply committed to investing in cutting-edge technology to scale up our services without diluting quality. The genesis of this product was the enthusiastic feedback to our podcasts and other non-text formats of intelligence. We intend to continue listening to our clients and responding to their changing needs.”
Raman Jauhar, MD and Head of Equites, Axis Capital, said, “Innovation demands a departure from convention, and Axis Capital is proud to be at the forefront of the shift in how research content is consumed. Sound Bytes tackles the issue of cognitive strain for the buyside by streamlining access to our industry-leading research. We remain focused on our goal of driving greater client engagement and are proud to introduce this tool as a homegrown initiative developed for the unique requirements of our market rather than relying on global imports. For Axis Capital, AI is not the destination but a means to deliver tailored solutions for the distinct challenges of our industry.”
