6 ways artificial intelligence is transforming private banking - Wipro

Harry1204 May, 2022Technology

Today?s high net worth individuals (HNWI) are a different lot. They expect to be more involved in the process of how their wealth is managed and look to wealth managers for strategic advice, rather than help with paperwork. Artificial Intelligence (AI) driven cognitive software platforms offer the potential to add value to advisory services in private banking and wealth management (PBWM). Little wonder then that the cognitive computing market size is expected to exceed USD 4 billion by 2025.