Page 10 - LiveLabs: The Future of Financial Services
P. 10

FOR SENIOR LEADERSHIP, OFFICE OPERATIONS TEAM, AND TECH TEAM
TECHNOLOGY:
Develop an internal AI structure
"Chatbots. Personal assistants. Robo-advisors. Machine learning. Cognitive computing. And so much more. While the term arti cial intelligence (AI) has been around for 60 years, it has  nally become part of our daily lives—and how we bank, invest, and get insured. Some  nancial institutions have been investing in AI for years. Other  rms are now beginning
to catch up thanks to advances in big data, open-source software, cloud computing, and faster processing speeds." 1
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