Will Gen AI Be the Answer to Finance Firms Problems?

Financial institutions – like Shakespeare’s Hamlet - face an existential dilemma. Do they accept the life-saving opportunities offered by Generative AI that are being dangled tantalisingly in front of them, or look away and face potential oblivion if they don’t? 

This paper examines where Generative AI (GenAI) can make a real difference to finance firms. We detail how it should be deployed to maximize those opportunities. Apart from the right hardware and software, strategic implementation will be crucial. It will ensure that GenAI incorporation is safe and customized, but sophisticated and flexible so any organization can proceed at its own pace.