Print this article

We're Just Fine With Artificial Intelligence, Wealth Advisors Say

Tom Burroughes

4 October 2017

A survey of 2,000 advisors shows that more than three-quarters of them (78 per cent) are sanguine about artificial intelligence, saying it doesn’t pose a competitive threat to current ways of doing business.

The survey from  piloted two new solutions that use artificial intelligence to help tackle money laundering and terrorism financing. Two fintechs involved in the project – BlackSwan Technologies and Silent Eight – leverage artificial intelligence to carry out research into individuals and entities suspected of illicit financing.