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Artificial Intelligence and Financial Services
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Alex Kreger Founder & CEO at UXDA
The most discussed topic of the year at the recent Web Summit 2023 in Lisbon was Artificial Intelligence. Many experts have expressed different opinions, excitement and concerns about the impact of AI on a variety of industries and areas of our lives. But it seems to me that everyone agrees on one thing: with AI becoming mainstream, mankind has cr...
17 November 2023 /retail /predictions
Yuriy Gnatyuk COO at Kindgeek
These days customers engage with businesses online more than ever. With that in mind, fintech companies seek to level up their digital service while facing the challenges of customer support inefficiencies and escalating operational costs. Advanced AI chatbots emerge as an up-to-date solution to this, helping businesses provide impeccable service a...
15 November 2023 /retail
Martin Paice Partner - Data at Valcon
Artificial Intelligence (AI) has become an integral part of our modern society and is set to become even more so. It is expected to see an average growth rate of 37.3% per year from 2023 to 2030 and some estimates say that the market, which is worth around US £100bn today will ratchet to nearly two trillion US dollars in 2030. The success of AI st...
13 November 2023 /payments
Shane Omidi Principal Consultant at Capco
Project management is ready for a (r)evolution as advanced technologies that integrate artificial intelligence (AI) are increasingly applied in the field. Understanding the potential of this AI-powered paradigm shift is paramount if financial institutions are to protect and enhance their competitive advantage and to unlock new value. It has been ...
09 November 2023 /predictions
Julia Khandoshko CEO at Mind Money
Irrespective of the industry, AI and ML are now all the rage, and asset management is no exception. By 2027, around 16% of asset managers will supposedly disappear due to a paradigm shift in technological advancements and investor expectations. AI and ML technologies are being used in various aspects of the financial industry. It’s all about adopt...
09 November 2023 /wealth /predictions
Péter Ekler Head of Future Technology at Zenitech
As artificial intelligence continues to evolve, we’re seeing more sectors recognising the potential of AI and looking for ways to use it to help them offer the best possible products and services to their clients. The quality of an AI solution depends on the data that feeds into it. There must be enough data to use to develop a training model. The ...
08 November 2023 /retail
Steve Wilcockson Product Marketing at Quantexa
What is RAG? Here's the simple 30 second definition, A deeper dive will follow. RAG (Retrieval Augmented Generation) is the buzziest word on the GenAI internet right now, more jargon to confuse the uninitiated. RAG, stands for retrieval augmented generation. It simpy means you can apply and RETRIEVE knowledge in front of the LLM, to AUGMENT your LL...
06 November 2023 /security /markets
Jose Pierre CEO at Marketware International, Inc.
In the ever-evolving realm of financial trading, the symbiotic relationship between Order Management Systems (OMS) and Execution Management Systems (EMS) has served as a cornerstone of operational efficiency and strategic decision-making. As the landscape of trading continues to undergo transformative shifts, the role of OMS and EMS has transcende...
30 October 2023 /regulation /markets
A certain research agency, one that runs big conferences and captures a ton of CIO mindshare, recently offered guidance on (analyst jargon speak ahead!) a decision framework for assessing and realizing value from enterprise generative AI initiatives. Business culture will adapt over time, of course, they state. Here is not the place to reflect on h...
25 October 2023 /people /markets
Claus Christensen CEO at Know Your Customer
From impressive AI-assisted artwork and music generation to intelligent virtual agents that provide efficient responses to customer service queries, recent breakthroughs in artificial intelligence (AI) are transforming the way we approach diverse areas of our lives. Latest developments in AI have opened a whole new world of possibilities, and this...
24 October 2023 /regulation /crime
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