Defining the News
Generative artificial intelligence offers something far more precious than monetary returns—it gives us the most valuable commodity of all: time. In financial services, this remarkable and rapidly evolving technology helps financial analysts, financial advisors, loan officers and others to remove the heavy lifting from time-intensive manual tasks so they can use their talents to think creatively and explore new initiatives faster.
Generative AI can rapidly analyze this data to uncover valuable insights that drive success. While understanding and protecting this data is crucial, regulated companies already have established experience in safeguarding sensitive customer and financial data, making AI adoption faster. A team well-versed in generative AI can quickly iterate and fine-tune models, reducing the time and resources required to achieve desired outcomes., 95% of surveyed financial services employers in APAC expect to use AI solutions and tools by 2028, and this same group is also willing to pay a salary premium of over 40% for workers with AI skills.
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