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Why the wealth management industry has so much to gain from AI
As a highly competitive industry, those firms that embrace AI will keep competitive advantage by driving improvements in efficiency and customer service, writes Stuart Robson, senior business analyst at Future WorkForce.
Updated August 19, 2021 / Original August 20, 2021
By Stuart Robson
Financial Services Business Analyst, Future WorkForce
5 Mins
August 20, 2021 | 12:00 PM BST
The UK's wealth management sector has experienced significant growth in recent years and handles around £948 billion of assets, equivalent to about 46% of the UK GDP. As such a vast industry, it's not surprising that financial institutions and wealth management firms are looking to be early adopters of the latest AI technologies.
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Stuart Robson
Financial Services Business Analyst, Future WorkForce
5 Mins|August 20, 2021
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