Finance

Italy's Domyn taps ex-BlackRock executive to lead new financial AI arm

Published by Global Banking & Finance Review

Posted on September 9, 2025

1 min read

· Last updated: January 22, 2026

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Domyn Appoints Former BlackRock Executive to Lead AI Finance Division

Domyn's New Financial AI Division

MILAN (Reuters) -Italian AI startup Domyn has appointed former BlackRock managing director Stefano Pasquali to head its newly launched financial services division, the company said on Tuesday.

Leadership and Vision

Valued at more that $1 billion, Domyn, formerly known as iGenius, is developing AI tools for the highly-regulated financial sector and it is building what it calls Europe's largest supercomputer.

AI Tools for Financial Sector

Domyn offers banks, insurers and asset managers an AI architecture with complete ownership of their data, models and intellectual property.

Data Ownership and Security

At BlackRock, Pasquali founded and led the investment AI team after leading research and data science teams at large financial institutions, delivering AI solutions for asset managers, bankers, insurers, and risk officers.

(Reporting by Elvira PollinaEditing by Keith Weir)

Key Takeaways

  • Domyn appoints Stefano Pasquali to lead its financial AI division.
  • Domyn is valued at over $1 billion and focuses on AI for finance.
  • The company aims to build Europe's largest supercomputer.
  • Domyn offers AI tools with complete data ownership for financial firms.
  • Pasquali has a strong background in AI solutions for finance.

Frequently Asked Questions

Who has been appointed to lead Domyn's financial AI division?
Former BlackRock managing director Stefano Pasquali has been appointed to head Domyn's newly launched financial services division.
What is Domyn's valuation and its former name?
Domyn is valued at more than $1 billion and was formerly known as iGenius.
What services does Domyn provide to financial institutions?
Domyn offers banks, insurers, and asset managers an AI architecture that allows complete ownership of their data, models, and intellectual property.
What is significant about Domyn's AI development?
Domyn is developing AI tools specifically for the highly-regulated financial sector and is building what it claims to be Europe's largest supercomputer.
What experience does Stefano Pasquali bring to Domyn?
At BlackRock, Pasquali founded and led the investment AI team and has extensive experience in research and data science within large financial institutions.

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