The research highlighted how leading firms achieved 4.7% return on investment (ROI) by combining robust data governance with adviser-augmentation tools across front and back offices.
Artificial intelligence (AI) is rapidly shifting from the periphery to the core of wealth management business models as institutions transition from small pilot projects to full-scale deployment across front, middle and back-office operations, according to a global research report published recently by the London Stock Exchange Group (LSEG) titled ‘The Blueprint for Growth: AI’s Role in Wealth Management.’ 64% of surveyed executives believed AI would help them interact with c