- You don鈥檛 know where to go next in terms of developing AI. It seems that AI is the 鈥渟olution鈥 to every problem, which creates misinformation/confusion in your firm.
- Your firm has limited AI experience. Few people have practical experience with AI because it is so new, and it is difficult to find someone to rely on in your firm.
- You need your AI efforts to create value. The implementation of AI will require a considerable investment in time and resources. It is important to track your firm鈥檚 efforts against the benefits it produces.
Our Advice
Critical Insight
- Wealth and asset management leaders have a limited understanding of the potential use cases and how to get started delivering new business capabilities to support strategic objectives.
- Your firm is concerned about the regulation and potential risks of AI. The regulation of AI can be complicated, especially in financial services and you must remain compliant with privacy laws, regulations, and policies.
- Firms don't prepare for AI development. AI requires mature data and systems capabilities that are often overlooked.
Impact and Result
- Introduce an approach to build your AI roadmap rapidly and responsibly via a six-step practical framework to accelerate the adoption.
- Help your firm to discover and understand a variety of AI use cases that can address your business challenges as well as support organizational strategic goals.
- Guide your firm on their AI journey by identifying and prioritizing AI use cases for business capabilities through a benefits realization model.