1、1FINANCIAL SERVICES DATA+AI PREDICTIONS 2024FINANCIAL SERVICESDATA+AI PREDICTIONS 20242While global markets show signs of improvement,the longer-term economic forecast indicates potential storms ahead for the financial sector.To remain competitive in this climate,financial services organizations nee

2、d to become more agile and focused on cost optimization to remain competitive.They must also contend with the disruptive arrival of generative AI(gen AI).If financial services organizations implement this pivotal new technology improperly,they risk wasting millions of dollars and creating reputation

3、al or regulatory harm.If they are strategic about gen AI,however,they can accelerate growth and stay ahead of the competition.To learn more about the impact generative AI and other developments will have in the coming year,we sat down with our in-house experts to hear their predictions.In our report

4、 Data+AI Predictions 2024,we cover artificial intelligence(AI),cybersecurity and open-source technologies that will transform the broader landscape in the years to come.Here,well focus on whats next for the financial services sector in particular.3FINANCIAL SERVICES DATA+AI PREDICTIONS 2024123456THE

5、SE ARE SIX OF THE MOST IMPORTANT INDUSTRY TRENDS WERE TRACKING FOR 2024:Gen AI will be a make-or-break technologySpecialized AIs integrated with data sharing will be a competitive differentiatorMining unstructured data will be key to unlocking novel analyticsStrong data security for gen AI will be a

6、 defining factor for growthLeaders will stay nimble to meet quickly shifting regulatory requirementsA strong data strategy will distinguish industry leaders from followersFinancial institutions that unravel the complexities of gen AI and can create proprietary gen AI models will see major competitiv