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ARTICLE · 09 AUGUST 2019

Artificial Intelligence: A Disruptive Force In The UK Financial Services Sector

Cybersecurity seen as biggest tech related risk.

United KingdomTechnology
  • AI is seen as a tech disruptor frontrunner but firms are hindered by a skills shortage
  • Roles in operations, accounting and compliance most likely to be replaced or changed
  • Cybersecurity seen as biggest tech related risk

An overwhelming majority (94%) of UK-based financial services industry decision-makers believe that Artificial Intelligence (AI) has the most potential to revolutionise the sector over the next five years, considerably ahead of blockchain (53%) and the Internet of Things (24%).

Intertrust, a global leader in providing expert administrative services to clients operating and investing in the international business environment, surveyed UK-based executives covering the asset management, capital markets and private wealth sectors to identify the value-add delivered by new technologies now and in the future.

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