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Research The Current State of AI Adoption in UK Financial Services Organisations

The Current State of AI Adoption in UK Financial Services Organisations

There is an arms race taking place beneath the surface where Data and AI is the new battleground and where financial services are fighting for market share.

There has been a significant increase in the number of organisations starting to wake up to the importance of AI and in doing so, seeking expert guidance on rationalising the data they have available to them. This quest ultimately leads them to better train and direct the machine learning algorithms that serve as the main driver in an effective AI implementation. Sector leaders have taken an early advantage but significant riches await all those that embrace this exciting and disruptive new technology trend.

Report Snap Shot

Two-fifths (40%) of the organisations that took part don’t feel that they understand AI, presenting an opportunity to share knowledge and enlighten financial organisations of the capability and benefits.

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