AI consulting · Principality of Monaco
AI consulting and engineering in Monaco: from mapped processes to agents in production
GiLabs works in Monaco, on your premises, for private banks, asset managers, group headquarters and SMEs in the Principality. Your processes mapped, the gain costed in euros, then the agents and applications built inside your own systems, under Monaco's data protection framework. In English or in French.
- Sophia Antipolis, Antibes
- Nice
- Monaco Workshops on your premises
Monaco: many jobs, few employers, a framework of its own
The Principality has 38,857 residents (2025 census, IMSEE) and 65,117 employees. The private sector employs 59,724 people across 6,378 employers at the end of 2025. Gross domestic product reached 10.28 billion euros in 2024.
The financial centre is dense: the Monaco Association for Financial Activities counts around thirty banks and around sixty portfolio and fund management companies. Around them sit the headquarters of international groups, yachting, real estate and high-end hospitality.
Two things set an AI project here apart. Files are multilingual and clients often non-resident, which multiplies the documents to read and check. And Monaco is not in the European Union: data protection falls under Law No. 1.565 of 3 December 2024, modelled on the GDPR and supervised by the Personal Data Protection Authority (APDP). A project is framed against that text from day one, not afterwards.
Three situations we see often in Monaco
They share one thing: a lot of documents, mandatory checks, and skilled teams spending part of their time re-keying.
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Private banking, asset managers, family offices
Client onboarding, file reviews, supporting documents in several languages, reporting. AI reads, files and pre-checks the documents, then flags what is missing. The decision stays with your compliance team, and every extraction is traced back to its source document. The work is built into your existing applications, in your environment.
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Headquarters and support functions of international groups
Timesheets, supplier invoices, reconciliations, monthly reporting consolidated by hand. These flows are regular and high-volume: the easiest case to cost, and the one where a document pipeline with human validation has already reassigned about two full-time roles.
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Yachting, real estate, resident services
Inbound requests in English, Italian and French, contracts and files assembled by hand, organisations of ten to fifty people with no IT department. An agent drafts the reply and the file from your templates. The first step is to cost what these tasks take.
What being local changes
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On site, in English or French
Mapping workshops and the debrief take place in your offices in Monaco. Workshops, deliverables and documentation exist in both languages, which matters in teams where French is not always the working language.
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A marketplace already worked in
The founder of GiLabs built regulated applications in private banking in Monaco before starting the firm. The constraints of a financial centre, traceability, separated environments, sign-off before anything goes live, are not discovered halfway through the project.
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Your data stays with you
Where data and models sit is agreed in writing before the work starts: your infrastructure, your tenant, the hosting region you choose. The code is yours and runs in your environment, not in the supplier's.
Who to know in Monaco
Before starting a project, a Monaco business should know these bodies. They set the framework or help fund the work.
- Extended Monaco Entreprises : a programme of the Prince's Government, on the MonEntreprise.mc portal: digital maturity self-assessment, expert directory, workshops, and co-financing of digital projects through the Blue Fund, data and AI included.
- APDP : the Personal Data Protection Authority, which supervises the application of Law No. 1.565.
- IMSEE : Monaco Statistics, for employment and economic figures.
- AMAF : the Monaco Association for Financial Activities, which brings together the banks and asset managers of the marketplace.
Frequently asked questions
Is there an AI consulting firm that works in Monaco?
Yes. GiLabs is a French company registered in Nice (SIREN 108 308 214), based in the Alpes-Maritimes, that works on client premises in Monaco. Its founder, Yann Gilliot, built regulated applications in private banking in the Principality. The firm maps processes, costs the gain in euros, then builds the agents and applications itself.
Does the GDPR apply to an AI project run in Monaco?
Monaco is not a member of the European Union. Personal data protection falls under Law No. 1.565 of 3 December 2024, modelled on the GDPR, and its supervisory authority, the APDP. A supplier established in France also remains subject to the GDPR for its own processing. A project is therefore framed against both texts, with your data protection officer or your counsel, before any code is written.
Where is a bank's or an asset manager's data processed?
Where you decide, agreed in writing before the work starts: in your infrastructure, in your tenant, in the hosting region you select. Nothing leaves that perimeter without your written consent. Every extraction stays linked to its source document, and human validation comes before anything is written to your applications.
Can the Blue Fund co-finance an AI project?
The project can be, but as a rule not with a French supplier. The Blue Fund co-finances up to 70% of the pre-tax amount of digital projects run by Monaco businesses, AI productivity solutions included. Its terms and conditions call for a supplier registered with the Monaco Trade and Industry Directory (RCI). Where no such supplier exists in the Principality for the need, the application is considered case by case. GiLabs is a French company: work entrusted to it does not fall within that framework by default, and a budget should not be built on this co-financing.
Do you work in English?
Yes. Workshops, deliverables and documentation are in English or in French, depending on your team's working language.
Where the figures come from
- Key figures for the Principality: population (2025 census), 2025 employment, 2024 GDP IMSEE (Monaco Statistics), read on 1 October 2026
- Private sector employment: employees and employers at the end of 2025 (in French) IMSEE (Monaco Statistics), read on 1 October 2026
- Monaco's financial marketplace AMAF, read on 1 October 2026
- Personal Data Protection Authority, Law No. 1.565 of 3 December 2024 APDP, read on 1 October 2026
- Blue Fund terms and conditions (updated 12 May 2026) MonEntreprise.mc, Prince's Government, read on 1 October 2026