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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

The Tech Capital

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

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