Insights from the AI Report

The recent AI report highlights how investment management firms are adapting to leverage the opportunities presented by AI, particularly generative AI. This new technology has expanded the possibilities for enhancing business processes, such as using institutional knowledge bots to streamline responses and Smart KYC to enhance compliance. In the realm of software development, AI facilitates tasks like generating requirements, conducting peer code reviews, and even creating test cases automatically. The industry is currently focused on identifying these use cases, experimenting with them, and training staff to effectively implement these innovations.