HCLTech launches first-of-its-kind AI-based synthetic research study for the global wealth management industry
The study found 84% of firms want an operating model redesign, while only 12% are measuring new revenue from AI changes.
- On Tuesday, HCLTech released a synthetic research report titled "Hidden In Pln Sight," revealing that 84% of global wealth management firms believe their operating models require fundamental redesign to fully realize AI potential.
- Srinivasan Seshadri, Chief Growth Officer and Global Head of Financial Services at HCLTech, said the industry suffers from a "choices problem" because firms spend on AI without measuring revenue or client value impact.
- Data from 1,066 representative AI personas reveals that while 98% of leadership teams pursue an AI agenda, only slightly more than 7% are actively building agentic AI capabilities.
- Executives ranked first-party and behavioral data as a more valuable differentiator than technology infrastructure, and nearly 80% believe future industry leaders will orchestrate AI, human expertise, and ecosystem partners.
- Regional readiness varies significantly; APAC and North America show the highest confidence at 89% and 84% respectively, while Europe lags at 38.3%, reflecting disparate transformation paces across global markets.
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aninews.in
Latestly84% wealth management firms see need to redesign operating models for AI: HCLTech
As many as 84 per cent of global wealth management firms believe their operating models need fundamental redesign to fully realise the potential of artificial intelligence (AI), while only 12 per cent are measuring whether such changes are generating new revenue, according to a study released by HCLTech.
PR Newswire
HCLTech launches first-of-its-kind AI-based synthetic research study for the global wealth management industry
/PRNewswire/ -- HCLTech (NSE: HCLTECH) (BSE: HCLTECH), a leading global technology company, today released a first-of-its-kind synthetic research report...
HCLTech flags wealth management AI execution gap
HCLTech, the global technology company has released a first-of-its-kind synthetic research report Hidden In Pl(AI)n Sight, based on a survey of 1,066 representative AI personas modeled on senior wealth management industry decision-makers across 17 global markets. The research reveals that 84% of global wealth management firms believe their operating models require fundamental redesign to fully […] The post HCLTech study finds gap between AI amb…
98% of wealth firms are pursuing AI, but fewer than 7% are building agentic AI: HCLTech study - BusinessToday
The gap between broad AI adoption and agentic AI development highlights a key challenge for the industry: moving from experimenting with AI to redesigning how wealth management businesses operate.
HCLTech launches first-of-its-kind AI-based synthetic research study for the global wealth management industry - CanadianSME Small Business Magazine
Based on more than 1,000 AI personas, the report finds 84% of wealth management firms acknowledge the need for an operating model reset, but less than 10% are prepared for the shift HCLTech (NSE: HCLTECH) (BSE: HCLTECH), a leading global technology company, today released a first-of-its-kind synthetic research report "Hidden In Pl(AI)n Sight," based on
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- 75% of the sources lean Right
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