A Mature Mind to Manage Wealth
Wealth management firms have always been quick to adopt innovative technologies. In the case of Artificial Intelligence (AI) however, this has not been the case and it has had to endure a long and hard winter of general neglect. Even though Alan Turing's logical framework on building intelligent machines was first published in the 1950's, the lack of computing prowess proved to be an insurmountable barrier to its widespread acceptance. However, as processing power became significantly cheaper over the decades and data became more available, it is only in recent times that AI has been increasingly proving its ability to deliver significant value.
Today, along with several other industries, wealth management firms too are keenly watching AI's growing successes. And it does appear that the winter of rejection is finally thawing and the summer of AI's embrace by the world of high finance is at hand.
Read the white paper to know more!