The Future of Artificial Intelligence in Asset Management

Possible applications of A/I in asset and wealth management are endless and impact the entire value chain. Imagine sentient, real time optimization of sales and marketing interactions and client services, predictive market modeling based on instantaneous processing of teraflops of data, self-creating exchanges with complete price transparency. It is not unrealistic to think that research analysts will have their own bots using real time big data to do a majority of their market and financial analysis, and even assembly of reports and recommendations to the CIO. Laborious trade reconciliation could be a thing of the past, with AI bots on both ends of the transaction across back, middle and front office doing it all and alerting humans only in rare cases of disputes. If (or when) quantum computing becomes pervasive all trading, investment and distribution decisions could be done through bots leaving asset and wealth managers free to focus more on client relationships and business strategy.