The artificial intelligence (AI) predictions of 2019 are insightful as ChatGPT and other AI platforms are becoming mainstream. Most executives knew then that AI had the power to change almost everything about the way they do business—and could contribute up to $15.7 trillion to the global economy by 2030. But what many business leaders don’t know is how to deploy AI throughout the organization, where it can create maximum value that enhances decision-making, create better customer experiences, and grow the bottom line.
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Eton Solutions discusses the challenges fund accounting presents to family office operations and describe how the office can achieve positive outcomes to these challenges.
While 2021 revealed the resiliency of the tech industry and inspired innovation amid spikes in demand, the tech landscape in 2022 will be shaped by the confluence of various factors. From impending tax changes to a booming deal environment to supply chain shortages and more, the tech industry is in for a memorable 2022. Explore the seven technology predictions and see how you can prepare your business.
The growth and adoption of secure digital identity systems, including digital health status systems containing health records, could provide a uniform and reliable response to calls for health credential verification. Regardless of their origins, digital identity systems will have little success gaining public confidence and widespread acceptance unless they are designed with, at a minimum, the three pillars of trust, user-centricity, and data privacy and security in mind.
In this conversation, U.S. Congressman Darren Soto of Florida's 9th District tells us what the U.S. Congress is doing to regulate crypto currency and its inevitable introduction into the mainstream economy. From the hardware store down the street to huge financial institutions, Congressman Soto is doing his best to make sure crypto currency is freely transferrable and that we don’t have the regulatory gaps that now plague data security and privacy.
Last year’s six cyber predictions were more on target than not in a year that ended up being unpredictable in many ways. Cyberattacks continued to pose a threat to insureds and insurers, as hackers matured, ransom payments increased, and the cyber insurance market continued to change. Looking at the cybersecurity environment, the predictions outlined will help organizations be prepared for what lies ahead.
In moving past the COVID-19 pandemic, there are five key items that CIOs will almost certainly need to focus on as their role shifts away from being pure technology leaders and toward critical business drivers and decisionmakers. The first important item will be securing the hybrid cloud/on-premise systems and applications.
Organizations across the wealth management landscape face an array of technology risks that are growing more prominent in a post-COVID environment. While keeping an eye on the future and building resiliency, learn how to turn five tech risks—including the rise of disruptive technologies—into an opportunity that goes beyond adopting the right technology.
Artificial intelligence is quickly transitioning from curiosity to critical cog in efforts to monetize data and power applications from front to back office. Given asset management’s reliance on efficient data processing, rapid decision making, and accurate reporting, there are myriad ways machine intelligence can have an impact.
Data-smart companies are learning how to access, aggregate, and distill competitive knowledge from a vast sea of previously inaccessible information. While there will be asset managers who resist the data adoption or take a wait-and-see attitude, the firms that enthusiastically embrace a data-centric strategy can expect to be rewarded with unanticipated competitive advantages.