What the future of financial services looks like - AI-powered, data-driven, and risk-managed

29 September 2022

The use of data in today’s world is soaring at an unprecedented rate, it has become the foundation for any business looking to gain an advantage through technology. As predictive analytics, artificial intelligence(AI), and machine learning become more commonplace, their usage will continue to shift from a niche technology into a commodity business application.

On the same track, more and more organisations across the globe are capitalising on data and AI in the financial services industry and are finding new ways to streamline operations to make more informed decisions.

While the evolution of AI has led to many positive advances, it has also presentedmissed opportunities as well as unforeseen risks that include security and compliance issues, addressed by BDO Hong Kong’s industry leaders in this report.