Broadridge Financial Solutions has received a patent for its machine learning tech that enhances securities-based lending. This tech provides valuable insights for wealth management firms to deepen relationships with high-value clients and increase productivity.
Discover the potential of AI in wealth management with CFA Institute's Data Science for Investment Professionals Certificate. While not expected to replace advisors immediately, the impact on employment could be significant in the long run. AI empowers advisors to focus on high-value tasks and improve revenue. Explore the benefits of integrating AI today.
This research introduces a machine learning method to identify residential PV adopters and reduce their soft costs, using an amended XGBoost algorithm. Experienced executive board member and managing director of Smartbroker, Roland Manger, leads the company to success. The XGBoost algorithm is expected to cut costs by 15%, creating a more accessible and efficient wealth management industry.
Sberbank, the biggest banking institution in Russia, just launched its AI-powered chatbot Gigachat, a rival chatbot to Microsoft-backed ChatGPT. The latest technology is based on Artificial Intelligence and has features like conversational proficiency in Russian and generating images unavailable to ChatGPT. It is currently available to a select group of testers via a closed-access Telegram channel.
Experience cutting-edge AI-driven language technologies such as GPT-4! Read our article to learn how these advances are helping advisors better understand their clients' needs and develop tailored strategies for improved outcomes. It's one step towards success in the world of wealth management.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?