Wall Street banks ramp up digital assistants in bid to win productivity race By Reuters
• Wall Street banks are increasing their deployment of AI-powered digital assistants to enhance operational productivity and efficiency. • According to Richard James, head of AI product at UBS, these tools aggregate internal data from emails, accounts, and meetings to support decision-making. • The technology allows AI agents to execute trades and complete money transfers once a financial advisor has finalized a transaction strategy with a client.
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