How technology is reshaping the investment management profession
This report examines the increasing adoption of AI and big data technologies in investment management, highlighting their transformative role in workflows and decision making. It explores risks, challenges, opportunities, and global usage patterns.
Report Overview
The financial sector is experiencing a third wave of technological innovation, characterized by the integration of hardware, software, data storage, and connectivity. This wave is driving the sector’s growth, enabling sophisticated tools based on artificial intelligence (AI) to process vast amounts of information. These advancements are transforming workflows, product innovation, and transaction speeds within the investment industry.
The first wave of technological innovation hit the sector in 1960s and 1970s, with automated individual activities such as order processing and bill payment. The second wave, facilitated by the rise of the internet during the 1980s and 1990s, brought integration across activities and among geographically distributed firms and customers.
Podcast
Senior Affiliate Researcher at CFA Institute, Cheryll-Ann Wilson, CFA, discusses the recently published CFA Institute Research & Policy Center report, “Creating Value from Big Data in the Investment Management Process: A Workflow Analysis.” Cheryl-Ann shares insights from her research, which involved a comprehensive survey and interviews with investment professionals worldwide. The conversation explores the use of AI and big data technologies in the finance sector, highlighting the challenges and opportunities that practitioners, regulators, and executives face in adopting these innovations. Tune in to gain a deeper understanding of how technology is reshaping the investment management profession and what it means for your own technological journey.
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