- 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.