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The Majority of UK Wealth Managers View AI as Critical to Shaping Their Future Operations, but Clients Still Lack Trust in the Technology According to Avaloq

Summary by Fintech Finance
Avaloq’s research, conducted among over 300 wealth managers and 3,000 investors globally, reveals that 87% of UK wealth managers believe AI will be integral to their future work, with the same proportion believing that AI will bring benefits to the wealth management industry as a whole. Avaloq’s research reveals the greatest potential for AI to support UK wealth managers with client onboarding, with 86% of those surveyed saying it would offer a …
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