Artificial intelligence (AI) is transforming what technology can offer and this requires careful consideration from various angles, write Roderic Rennison and Chris Baigent-Reed
AI is arguably to technology what the Consumer Duty is to compliance. Both are constantly in the news and the owners of financial services firms may be forgiven for becoming somewhat inured or weary of reading articles on the subject. However, AI is here to stay, and it will increasingly matter what strategies intermediaries adopt to incorporate this new technology into their businesses, as these decisions will have far-reaching impacts. This article considers the main factors that financial services firm owners need to consider both from a selection and implementation perspective, an...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes