Philippines Wealth Management Forum 2019 - Exclusive Insights - Mark Buesser

Mark Buesser of IMTF

May 22, 2019

Jump to section:

1. What’s the role of Data and AI for wealth management firms today?

Video transcript

1. What’s the role of Data and AI for wealth management firms today?

Everybody speaks about artificial intelligence, but first of all, what is actually artificial intelligence? It's machine learning, it's speech-to-text, it's many of these, but at the end of the day, it has a lot to do with rules. It has to do with rule engines, which basically can learn. So there is a rule that if after an event has come up maybe for the fifth time, then obviously it can be adapted automatically. A lot of people speak about their brilliant solutions which all are based on AI, which, I think is slightly exaggerated. It's basically just taking automation one step ahead. It has to do with adding those algorithms to the analytics, which have been around already. So, basically, I think it's quite evolutionary. It's not a revolution. It's not a big jump. It's something which is coming more as a natural evolution.

More videos from Mark Buesser, IMTF

Latest Articles

Latest News