Arria的动态

Large language models could ‘revolutionise the finance sector within two years’ Large Language Models are poised to change the way we do finance. Research from The Alan Turing Institute suggests they will transform how we detect fraud,? generate financial insights, and automate customer interactions. Because LLMs have an ability to analyse large amounts of data quickly and generate coherent text, there is growing understanding of the potential to improve services across a range of sectors including healthcare, law, education and in financial services including banking, insurance and financial planning.

AI will make a major impact on $114.1 trillion financial advice industry. @MIT research highlights positive and negative aspects on LLM and financial advice services. Research agenda is also presented. https://lnkd.in/ds3M9NhJ

Had the pleasure of attending a fantastic presentation by Sandeep Kumar at FINOS on a very relevant topic: “Can LLMs Tackle Complex Financial Documents?” Sandeep shared some great insights on how large language models (LLMs) are revolutionizing the financial industry by improving the way we process and analyze intricate financial documents. One of the key takeaways was how these models are now capable of producing much more accurate first drafts of complex documents, significantly reducing manual effort and errors. It was an eye-opener to see how AI continues to streamline traditionally labor-intensive tasks, and I’m excited to see how these advancements will shape the future of finance. Thanks, Sandeep Kumar Kumar for sharing your expertise! #AI #LLM #FINOS #Finance #FinancialDocuments #TechInnovation #Automation #Synechron #OSFF2024

Bloomberg has just launched its AI-Powered Earnings Call Summaries on the Bloomberg Terminal, showcasing a remarkable integration of AI with expert financial insights. This innovative tool, praised by Joyce Meng of FACT Capital and Zachary Smith of Bahl & Gaynor, Inc., promises to redefine how financial data is synthesized and interpreted. Andrew Skala By offering contextual links and streamlined access to critical data points, Bloomberg is not just enhancing the efficiency of financial analysis but also shaping the future of how financial professionals interact with key market information. #Bloomberg #FinancialAnalysis #AIInnovation #EarningsCallSummaries

There's enormous excitement about the growth of #AI, but regulators & policymakers need to consider how this new technology will impact Americans who already face a rigged financial system. Our team examines the risks of #AI to working families here: https://lnkd.in/eRYKR-rn

While generative AI has plenty of potential, the technology is prone to offering seemingly authoritative responses with imperfect information. When it comes to your financial life, you’ll want personalized advice from someone who knows your unique goals, priorities and values. Confetti Wealth, a Private Wealth Advisory Practice of Ameriprise Financial Services, LLC #artificalintelligence #financialgoals #financialadvisormn

?? How does real-time data transform investment strategies? Uncover the power of instant market insights with FINQ's AI-driven analysis. Stay ahead in a fast-moving financial world. Dive into the full article for cutting-edge insights! ?? ?? https://hubs.ly/Q02ty1G90 #Investing #realtimedata #financialmarkets #AI #fintech #data

You must have heard about Generative AI and its implementations in various industries. But have you ever wondered, how GenAI is empowering the Financial Industry? Discover the Dynamic Role of #GenerativeAI in Finance. From personalized customer experiences to advanced risk management and fraud detection. Dive into this insightful blog for a glimpse into the future of finance in an AI-powered landscape. #AIinFinance #GenerativeAI #FinancialInnovation #TechAdvancements #CustomerExperience #RiskManagement #FraudDetection #FutureofFinance #RealTimeAnalytics #AIRevolution #FinTech #ArtificialIntelligence #FinancialServices #PredictiveAnalytics #DigitalTransformation

Members of the Jersey AI Forum and others in the finance industry who are just curious about tech may be interested in a paper published by The Alan Turing Institute on the impact of Large Language Models (LLMs) on the finance industry. The research found that people in finance are already using the capabilities of LLMs, being to analyse large amounts of data and generate coherent text, to assist with a variety of internal processes and information-oriented tasks (such as reviewing regulations, investment research and producing meeting notes). The significant potential for LLMs to improve efficiency and safety by detecting fraud, generating insights and even automating elements of customer service mean that there are incentives for businesses to overcome or mitigate risks that could otherwise limit usage of the technology (e.g. regulatory standards and obligations which limit businesses’ ability to use AI systems that they cannot explain and/or which do not generate consistent and accurate outputs). The Institute has made some interesting recommendations, including the development of fora for the sharing of safety concerns, best practices and wider collective learning – this being one of the primary aims of the AI Forum. The mitigation of security and privacy concerns was also recognised as being one of the highest priorities with the Institute suggesting a multi-disciplinary and collaborative response across financial institutions, academia and regulatory authorities. #AI #JerseyCI?

The Alan Turing Institute on applying LLM in financial services. A good summary of the use cases, challenges, risks and blockers, with a slight overstatement on the current adoption and therefore the future timeline. #AI, #financialservices #fintech #innovation #wealthmanagement #wealthtech