Advancements in Artificial intelligence (AI) In Asset Management Technologies Promoting Global Market Growth

Global artificial intelligence (AI) in asset management market is anticipated to grow at a CAGR of 38.1% during the forecast period (2024-2031). Asset management utilizes AI and machine learning technologies to optimize portfolios, manage risks, forecast market trends, execute trades, and provide personalized investment advice. AI algorithms analyze data, predict market trends, execute trades, and provide personalized recommendations. Natural Language Processing (NLP) technologies enhance security and risk mitigation. Furthermore, the market has seen significant growth primarily owing to increased focus on R&D by both public and private organizations and growing applications.

Browse the full report description of “Artificial Intelligence (AI) In Asset Management Market Size, Share & Trends Analysis Report by Technology (Machine Learning, Natural Language Processing (NLP), and Others), by Deployment Mode (On-Premises, and Cloud) and by Application (Portfolio Optimization, Conversational Platform, Risk & Compliance, Data Analysis, Process Automation, and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/ai-in-asset-management-market

Recent advancements in the global AI in asset management market: 

• In November 2023, Broadridge Financial Solutions introduced Distribution AI and Global Demand Model, AI-enabled tools designed to assist asset managers in data analytics and insights from a vast repository of research documents.

• In October 2023, Aisot Technologies launched its AI Insights platform, a cloud-based solution for asset and wealth managers, enabling personalized investment portfolios for traditional and cryptocurrencies, integrating machine learning, AI, and quantitative finance.

• In September 2023, EY launched EY.ai, a new AI platform, following a $1.4 billion investment. The platform combines extensive business experience with AI embedded in EY technology platforms and solutions. EY.ai EYQ, a large language model, is also being developed. The platform aims to help clients transform their businesses through responsible AI adoption.

• In July 2023, Clearwater Analytics launched Clearwater-GPT, the first AI-generative tool for investment management, aiming to improve institutional clients' analysis of investment data and respond to market changes.

Market Coverage

• The market number available for – 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

• Segment Covered- 

o By Technology

o By Deployment Mode

o By Application

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape-  IBM Corp., Infosys Ltd., Microsoft, S&P Global Inc., and State Street Corp. among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Artificial Intelligence (AI) In Asset Management Market Report Segment

By Technology

• Machine Learning
• Natural Language Processing (NLP)
• Others(Deep Learning, and Robotic Process Automation (RPA))

By Deployment Mode

• On-Premises
• Cloud

By End-User

• Portfolio Optimization
• Conversational Platform
• Risk & Compliance
• Data Analysis
• Process Automation
• Others(Alternative Data Analysis, and Smart Data Management)

Global Artificial Intelligence (AI) In Asset Management Market Report Segment by Region

North America

• United States

• Canada 

Europe

• UK

• Germany

• Italy

• Spain

• France

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

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