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Fund Management Expected to be Completely Changed by AI – in the Next 12 Months
['Jd Alois']
Crowdfund Insider
Fund and asset management is expected to be completely changed by artificial intelligence (AI).
ClearWater Analytics anticipates that the entire fund management stack will be completely different.
62% of fund managers expect AI to transform how firms generate and summarize data.
70% of fund managers surveyed say deploying AI has sharpened their focus on data management, with 8% calling the shift in attention “dramatic.”
One divergent aspect of the survey indicates there is disparity between leaders and laggards as a minority, between 12% and 18%, of fund managers expect little or minor impact from AI.