Of those interviewed, 73% of these firms say AI is seen as the most transformational technology over the next two to three years.
Four-fifths – or 80% - of asset and wealth management (AWM) firms say disruptive technologies such as artificial intelligence (AI) will fuel revenue growth, according to PwC’s asset and wealth management report for 2024.
About 84% of the 264 asset managers and 257 institutional investors interviewed say AI will improve operational efficiency while 72% noted that it will improve employee productivity. The participants came from 29 countries and territories.
