04.09.24
‘The Best Is Yet To Come’ for AI
by: Josh Welsh
A recent Broadridge study found that financial services firms expect to maintain or increase their investments in next-gen technologies like artificial intelligence (AI), quantum computing, crypto and digital assets and blockchain over the next two years, with wealth managers looking to increase their investment in AI technologies by 28%. The study also found that 75% of financial services firms are confident about their tech transformation road map. “They’re only going to get better,” said Michael Alexander, president of wealth management and global managed services at Broadridge, referring to the technologies. “We have to make sure that they're safely and securely used so that we maintain the trust and respect from our clients and the people that use our technologies. But the best is yet to come.”
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