AI is taking the world by storm, and investments are no exception. What do financial institutions think regarding this ‘new normal’? What can we actually expect from integrating AI into the investment process? From Deloitte to McKinsey, Forrester and more, here are 5 short insights on which steps major financial institutions are taking following the widespread adoption of AI.
Forrester forecasts AI Software will grow 50% faster than the overall software market
84% of institutional investors say ‘yes’ to AI in the investment process
AI increases performance, revenues, AuM and shareholder value
About 9 out of 10 financial institutions consider Open Innovation partnerships a strategic priority