Artifical Intelligence (AI) and Machine Learning (ML) is becoming one of the most exciting areas of opportunity for financial institutions. But while other industries are making major efficiency, productivity and other breakthroughs with AI and ML, most financial institutions are yet to fully unlock the benefits of AI and ML for either their business or customers.
AI and ML companies are keen to help, but struggle to effect the necessary changes within a financial institution for the AI and ML technologies to take root. That has led many AI and ML companies to partner with consultancies to help navigate the challenges by leveraging the deep relationships consultancies have within these financial institutions.