Latest Artificial Intelligence reports and research: Finextra Research

Report

The AI Revolution: Time to Get Ready

Artificial intelligence (AI) and related technologies are fast making inroads into the financial services industry. Operating in an interconnected, digital world in which money moves instantly, and faced with increasingly stringent regulations, financial institutions are turning to AI to help transform their operations. According to Forbes, organisations invest in AI developments to meet one of three objectives: Build systems that think exactly as humans do; Get systems to work without figuring out how human reasoning works; or Use human reasoning as a model but not necessarily the end goal. Download this new paper by Finextra in association with Intel to find out more on these three objectives and how AI will help financial institutions participate fully in the digital revolution.

31 July 2018 207 downloads

Report

Exploiting Big Data, Analytics and Visualisation for Better Decisions and Business Growth

Banks are in many ways the original data-driven businesses, generating huge volumes of transactions on an hourly basis. Coupled with the explosion of data points produced by digital and social media and ever-advancing technologies in other sectors, financial organisations have a great opportunity to streamline processes, reduce costs and utilise this data to achieve their business goals. This new paper by Finextra, in association with Qlik, brings together the views and opinions from a broad range of data experts from the financial industry on what needs to change from a business and technology perspective to enable banks to harness the power of big data, analytics and visualisation and to foster data-driven value. Download the paper to read about: How Natural language processing (NLP) will impact the flow of data and analytics ‘Navigate the noise’ and overcoming key challenges such as leadership Ensuring the technology is right from the ground up Customer regulatory compliance, security and risk strategies How increased data means increased risk

30 July 2018 540 downloads

Report

AI in Financial Services: Next Steps To Realising The Potential

AI has generated a lot of excitement in the past few years. While it is a disruptive technology, its potential to add value in Financial Services firms is enormous. It already exists in our lives, and we know that it has much further to go. Every day we hear more about driverless cars, chatbots, robots, robo advisors and so much more. Where will AI go, how will it change our world are questions worth pondering. Firms across the globe are becoming aware of the power of these technologies. They have started to explore how AI could improve the customer experience, enter new markets and gain revenue more quickly, reduce operational and business expenses and enhance compliance efforts. Banks always want to know their customers better and improve their relationships. AI will clearly help here. In late 2017 Finextra and Opentext conducted a survey exploring how firms are approaching AI in financial services, what areas they consider the benefits and what they view as barriers to success. Download the full report now to view the findings, we hope you find the results as compelling as we do.

19 April 2018 967 downloads