In brief There is no question that advances in computing power have led to Artificial Intelligence (AI) becoming increasingly influential on our day-to-day lives.

As developments in AI continue to benefit our wider global society, there are also opportunities for the finance industry to improve efficiency, create deeper client relationships, and better protect the stability of the sector.

What is AI?

Artificial intelligence is rapidly evolving globally, yet the term itself is still relatively misunderstood. Watch our video to learn more.

Video: Artificial Intelligence: An Open World | Est time to watch: 6m | Sound: Yes | Mute all videos
Report Series: How AI is Radically Transforming Financial Services
Artificial Intelligence: An Introduction Step Into the Forward-Thinking World of AI

In a series of special reports on AI, we discover how the use of AI in financial services is turning science fiction into everyday reality.

This report is the first in the series, and offers an introduction to the remarkable world of AI, including a brief history and some of the common myths and misconceptions that surround the subject. We also discuss a number of existing and potential uses of AI in the finance industry, along with the challenges faced by firms looking to take advantage of AI technology.

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Future reports

Over the course of 2021, Jersey Finance will be releasing more in this series of reports, diving into the key topics surrounding the use of AI by the financial services community both globally and specifically in Jersey.

These papers will appear here when published.

 

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The State of Artificial Intelligence 20-20
Technology provides many opportunities for increasing productivity – whether through user training, systems rationalisation, cloud services, or artificial intelligence (AI) – and it is clear that digital-first businesses who invest in technology can become productivity leaders.
Read more about Jersey Finance's ‘State of AI 20-20’ ›
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