Artificial intelligence (AI) is changing the operating model for investment firms. From back office procedures to front office decisions, AI is becoming the preferred tool for gaining a competitive edge. While AI often leads to better predictions and results, it also introduces a new set of challenges. Keeping the challenges in mind when building AI capabilities helps ensure success. Firms that neglect AI in the years ahead will likely fall far behind..
Some firms are using AI to improve the way they analyze securities and make investment decisions, while others use it to improve core operational processes. AI can lead to better predictions, fewer errors, and greater efficiency for the investment industry.
AI will be a key investment target in the coming years, with myriad organisations hoping to capitalise on its potential.