Wizpresso augments the judging of HKMA’s Best Annual Report Awards using AI

Hong Kong – Wizpresso, the leading provider of financial markets AI, extends its warmest congratulations to the Hong Kong Management Association (HKMA) on the occasion of the Best Annual Report Awards (BARA) 2024. As the AI sponsor of this prestigious event, Wizpresso is thrilled to announce a groundbreaking collaboration that promises to enhance the evaluation process for annual reports.

We would also like to congratulate all BARA 2024 Awards recipients for their outstanding commitment to pushing new frontiers for excellence in corporate communications.

For the first time, judges leveraged Wizpresso’s advanced AI technology to support their assessments. This innovative approach has streamlined the judging process by providing significant time savings and enhanced coverage of key reporting elements. Our AI tools are designed to analyze and evaluate annual reports with precision, ensuring that judges can objectively compare company disclosure quality.

The integration of AI in the evaluation process aligns with Wizpresso’s commitment to improving the quality of company disclosures. By utilizing our technology, judges have access to comprehensive insights that highlight best practices and identify areas for improvement.

“We are honored to be a part of the Best Annual Report Awards,” said Calvin Cheng, founder and CEO of Wizpresso. “Our collaboration with the HKMA represents a significant step forward in how annual reports are evaluated. We believe that by harnessing the power of AI, we can contribute to higher standards of reporting and ultimately, better communication between companies and their stakeholders.”

For more information about the Best Annual Report Awards, please visit https://www2.hkma.org.hk/bara-award/

About BARA

The Best Annual Reports Awards is an annual competition organized by The Hong Kong Management Association. The purpose of the Awards is to encourage the publication of timely, accurate, informative and well-presented annual reports for shareholders, stakeholders, employees and others who may have an interest in the performance and activities of the organizations in question and to recognize and honor the organizations for their exemplary achievement in producing such reports.