Capco: Transformative Nature of Artificial Intelligence (AI) in Wealth Management

Artificial intelligence (AI) is the power of a machine to copy intelligent human behaviour. AI technology has made substantial progress over the decades, as evidenced by the continuous increase in the number of vendors of AI solutions. The financial services industry has also begun to see AI vendors with solutions focused on wealth management, a sector that traditionally relies heavily on the relationship of clients with their human advisors.

These AI vendors are appearing at a time when

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