Nearly 70% of Financial Services Firms Expect Benefits from AI Investments in the Next Year, SS&C Survey Finds [Yahoo! Finance]
SS&C Technologies Holdings, Inc. (SSNC)
Last ss&c technologies holdings, inc. earnings: 4/30 04:05 pm
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Source: Yahoo! Finance
Top use cases include data analysis (52%), automating routine tasks (34%), content development (29%) and research and development (29%)." (Source: SS&C survey Challenges such as data privacy (70%) and regulatory compliance (52%) persist. Additionally, a shortage of skilled talent (39%) further complicates adoption efforts, while budget constraints appear less problematic, with only 23% citing cost as a top concern." (Source: SS&C survey AI has evolved from an experimental tool to a strategic asset across firms, with about 40% of survey respondents noting they engage with AI multiple times per week if not daily. However, for most, the gains are still siloed within select teams and tasks, revealing a gap between the potential of AI and its current usage." (Source: Rob Stone, Head of Intelligent Automation & Analytics at SS&C Technologies 39% of professionals are already seeing measurable benefits from AI investments, with another 30% expecting results within the next year. Succes
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