AI governance has moved out of the IT function. The question for boards is no longer whether to engage with artificial intelligence, but whether they can afford the cost of continuing to delegate it. The Governance Gap Is Widening Current data shows AI oversight remains a minority practice in major corporate boards. Glass Lewis research, […]
As asset finance firms navigate an increasingly technology-driven landscape, AI presents both opportunities and risks. Success depends not on wholesale adoption, but on deploying AI strategically, with robust controls and clear measurement, to address genuine operational challenges. AI solutions are appearing in ever-increasing numbers across the asset finance technology stack – in proposal submission/receipt, documentation, […]
May 2024 Welcome to the latest edition of Finativ Insight. We open this issue with a case study showcasing how a leading automotive leasing broker drives operational excellence with Finativ Focus's help. They have achieved impressive results by optimising deal flow and customer service without increasing costs, including immediate capacity increases, enhanced customer satisfaction, and […]
How to Get Started With Minimum Risk With the latest advances, it is now clear that AI is very much in the mainstream. Many of us are using AI embedded in our desktop and mobile apps for everyday tasks, and we can see that leveraging the same technology in our business applications can provide game-changing […]
For forward-thinking asset finance companies, generative AI is rapidly shifting from futuristic possibility to strategic imperative. While the disruptive potential of technologies like generative AI and traditional machine learning is undeniable, realising a true competitive edge requires thoughtfully charting the path ahead. The generative AI wave is already starting to reshape the industry landscape. Early […]
It has been impossible to avoid the buzz surrounding Gen AI. Nearly a quarter of all articles from the global consultancies, IT industry and our own sector are extolling the potential of Gen AI, explaining how it has been created, how it can be used, and how it will change the way we all work. […]
We are now all used to being able to find information, get help and possibly process transactions using chatbots. However, even with the current hype around ChatGPT and other advanced generative AI-based chatbots, why does it remain so difficult to deliver even a basic chatbot successfully? Business Benefits of Chatbots Chatbots have the potential to deliver […]