1、Manuel AbatJose Luis JuanasRainer GlaserMustafa Domanic Oliver Wyman2The AI Revolution in BankingEXECUTIVE SUMMARYBanks have been trying for years to implement artificial intelligence(AI)programs to improve their client experiences and fend off increasing competition from new entrants outside the tr

2、aditional financial services industry.Most of these efforts have found only modest success so far in large part because the programs havent cut broadly enough across the enterprise.Some of the biggest potential benefits of AI for banks are in revenue improvement,yet most firms are not capturing them

3、.But a small handful are making real progress.We call them AI trailblazers,and they are drawing a map for others to follow as they try to protect and gain market share from potentially disruptive fintech and big tech rivals.We have identified four pillars that the most successful banks in AI transfo

4、rmation are following.First and foremost,they are seeking to develop AI everywhere not just in client-facing applications but across their enterprises.Second,they are emulating the very tech companies they are trying to defeat:Instead of thinking like banks deploying technology,they are thinking lik

5、e tech companies getting into banking.Third,they are committing full bore to improving and modernizing their data practices not only by moving to the cloud but also by bolstering governance and data stewardship.Finally,the trailblazers are creating AI factories internal centers of excellence brimmin

6、g with talented workers that they then can deploy across the enterprise.In the pages that follow we will share the secrets these trailblazers are revealing and create a new roadmap for banks to follow as they embark on,or begin to course-correct,their AI journeys.Oliver Wyman3The AI Revolution in Ba