2/3 investment managers use AI in front office, SimCorp study finds: 200 exec survey shows rise in AI adoption, with innovation driving tech investments.
Recent findings from a yearly survey of 200 buy-side executives reveal a notable surge in AI adoption when compared to the previous year. Surprisingly, innovation has taken the top spot as the primary factor driving technology and operations investments for the first time in three years. Firms prioritize vendor stability, underscoring the importance of reliability in their decision-making process.
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