Financial Services
22%
Banks adopting AI could see a 22% reduction in operational costs by 2030.
By Autonomous NEXT
$200 Billion
AI is expected to save $200 billion in fraud prevention in the financial services industry by 2023.
By Juniper Research
15-25%
72% of customer interactions would involve emerging technologies like AI.
By Gartner
30%
of financial services CEOs believed AI would significantly impact risk management in the next three to five years.
By Pwc
Key issues Across the Logistics Value Chain across function
Enhancing personalized marketing campaigns by analyzing customer data for targeted offerings and providing real-time customer support, improving the overall customer experience.
“personalization can deliver five to eight times the ROI on marketing spend. (McKinsey)”
“72% of customer interactions would involve emerging technologies like AI. (Gartner)”
Key Issues
- Inaccurate customer segmentation
- Personalised messages to customers
- Data privacy and security
- Sentiment analysis
- Inefficient decision making
Advertisement campaigns and leads generation
AI Solutions
Reducing errors and improving efficiency with risk assessment and fraud detection optimizing investment decisions and portfolio management.
“AI is expected to save $200 billion in fraud prevention in the financial services industry by 2023. (Juniper Research)”
“30% of financial services CEOs believed AI would significantly impact risk management in the next three to five years. (PwC)”
Key Issues
- Investment optimization
- Fraud Detection
- Compliance and monitoring
- Risk assessment
- Inaccurate data analysis
Ineffective budget planning
AI Solutions
streamline routine operational tasks, reducing manual efforts With AI-powered analytics enhances decision-making and improving efficiency.
“AI could increase labor productivity by up to 40% in the banking industry. (Accenture)”
“Banks adopting AI could see a 22% reduction in operational costs by 2030. (Autonomous NEXT)”
Key Issues
- Lengthy process of data extraction
- Slow Customer service
- High downtime
- Regulatory compliance
- Talent management
- Following legacy systems
·