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ai:sight > Volume 9
ai:sight > Volume 9
ai:sight > Volume 9
Volume : 09
Volume : 09
The AI advantage in asset management
The AI advantage in asset management
For over 75 years, a global asset management company has helped its clients achieve their financial goals.
For over 75 years, a global asset management company has helped its clients achieve their financial goals.
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Susmita Roy
Managing Editor
EDITOR'S NOTE
Agents of change
Agents of change
Agents of change
Financial services firms are shifting their perspectives on GenAI
Financial services firms are shifting their perspectives on GenAI
Financial services firms are shifting their perspectives on GenAI
Businesses that operate in the highly regulated and inherently cautious financial services industry are rarely the first to adopt breakthrough innovations. But when they do, indicates that change is afoot across all markets and geographies. “Our clients in the financial services industry were originally apprehensive about GenAI, but they are now acknowledging that it is here to stay,” says Gaurav Sharma, client partner for consulting financial services at Fractal. “They are assimilating the change.”
The big question arises as to how this assimilation will lead to adoption that unlocks value. The answers found in banking and insurance could provide important lessons for all other businesses contemplating progress on their GenAI journeys. Our main feature article explores this in more detail and considers the different use cases for GenAI in the financial services industry.
The convergence of analytics and AI has opened new horizons and drives innovation in multiple spheres. Today, digital transformation is accelerating the way we consume goods and serve the requirements of aging people as we enter an era of population decline across countries.
At the same time, sustainable innovation is now a necessity. As a society, we must act in a way that sustains the human race and improves the quality of our lives. Artificial intelligence will be the key to addressing these challenges. Enterprises will save time and money through automation, improve the speed and effectiveness of decision-making, and increase revenue by finding new opportunities.
The convergence of analytics and AI has opened new horizons and drives innovation in multiple spheres. Today, digital transformation is accelerating the way we consume goods and serve the requirements of aging people as we enter an era of population decline across countries.
At the same time, sustainable innovation is now a necessity. As a society, we must act in a way that sustains the human race and improves the quality of our lives. Artificial intelligence will be the key to addressing these challenges. Enterprises will save time and money through automation, improve the speed and effectiveness of decision-making, and increase revenue by finding new opportunities.
We also speak with Daragh Morrissey, director of AI at Microsoft Worldwide Financial Services, to learn more about the importance of responsible AI tools, which provide banks with the confidence to embrace a new wave of solutions that will transform the industry. Read through the complete interview in this volume. We look into how a global financial services firm is already yielding benefits of adopting GenAI solutions whose teams are making better decisions and increasing productivity thanks to a new tool that does the heavy lifting to get insights from its data.
There’s much more in this issue, including insights into the challenges being addressed with Marshall’s exclusive India visit the fascinating reasons why some businesses are failing with AI-based problem-solving.
Leaders must be prepared to re-engineer their decision-making to thrive in this changing world. We equip you with information, insight, and real-work examples to support this process with ai:sight, our new bi-monthly magazine.
An amalgamation of ideas, ai:sight is about elevating value creation, delivering growth, and thriving in an ever-changing economic environment. We hear from the transformational individuals redefining how organizations operate and interact with the world. As agents of change, they bring unique insights and experiences.
I hope you enjoy the read.
Leaders must be prepared to re-engineer their decision-making to thrive in this changing world. We equip you with information, insight, and real-work examples to support this process with ai:sight, our new bi-monthly magazine.
An amalgamation of ideas, ai:sight is about elevating value creation, delivering growth, and thriving in an ever-changing economic environment. We hear from the transformational individuals redefining how organizations operate and interact with the world. As agents of change, they bring unique insights and experiences.
I hope you enjoy the read.
EDITOR'S NOTE
EDITOR'S NOTE
Feature Story
Feature Story
AI: The New Teller
AI: The New Teller
How can you tell when a new technology has emerged in the mainstream? One way is to look at how financial institutions are approaching it.
How can you tell when a new technology has emerged in the mainstream? One way is to look at how financial institutions are approaching it.
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