The financial services world, at large, has been plagued with a bouquet of operational issues such as legacy technologies, poor data quality, manual processing (quite often relying on physical and unstructured documents) and a general resistance to change. All of this leads to a common set of predicaments: limited visibility, slower turnarounds and responsiveness, challenges with accuracy and compliance, and more. The advent of modern technologies such as Generative AI now provide a new avenue to address these persistent issues.
