The operating environment for investment management firms continues to evolve, with technological innovations and shifting investor preferences at the heart of this change. While traditional sources of differentiation in investment management are becoming increasingly commoditised, Artificial Intelligence (AI) is providing new opportunities which extend beyond cost reduction and efficient operations.
Deloitte Global’s latest report, Artificial Intelligence—The next frontier for investment management firms, focuses on four pillars for transformation which can empower firms to develop new propositions, and deliver new kinds of value. These four pillars are:
The report suggests that when these four pillars are augmented with AI, investment management firms can rapidly transform business models, operations, and internal capabilities. However, to fully benefit from AI, firms will need to carefully consider and manage the intersection between technology and talent.
Read this report to see how you can unlock the full potential of artificial intelligence for your business.