1、AI OR NOT TO BE?THAT IS THE QUESTION FINANCE FIRMS SHOULD BE ASKINGHow Financial Institutions Can Use Generative AI to Unleash the Power of Their DataE BookE Book|AI or Not to Be?That is the Question Finance Firms Should be Asking.2INDEX01060207030804090510OVERVIEW The Opportunity for Generative AIT

2、HE SECRET SAUCE SOFTWAREINTRODUCTION The Need for a Competitive Edge in FinanceSTARTING POINTSWHAT IS GENERATIVE AIACCELERATED OUTCOMESADVANTAGES&BUILDING BLOCKSIMPLEMENTATION EXPERTISEHARDWARE&DATACENTRE FOUNDATIONS CONCLUSIONSE Book|AI or Not to Be?That is the Question Finance Firms Should be Aski

3、ng.3OVERVIEWFinancial institutions like Shakespeares Hamlet-face an existential dilemma.Do they accept the life-saving opportunities offered by Generative AI(Gen AI)that are being dangled tantalisingly in front of them,or look away and face potential oblivion if they dont?Perhaps they need to consid

4、er how Hamlet rationalised his decision:“Whether tis nobler in the mind to suffer the slings and arrows of outrageous fortune,or to take arms against a sea of troubles and,by opposing,end them.”It is a debate that should be taking place urgently across banking and insurance boardrooms.Do we suffer i

5、n silence and maintain the status quo amid the rising forces of competition and more sophisticated customers?Or do we arm ourselves with the powerful antidotes offered by artificial intelligence(AI),Machine Learning(ML),and Large Language Models(LLMs)to better navigate the potential“sea of troubles”

6、that lies ahead?This paper examines where Generative AI can make a real difference to finance firms.We discuss how it could be deployed to maximise those opportunities.Apart from the right hardware and software,strategic implementation will be crucial.It will ensure that Gen AI incorporation is safe