Artificial intelligence has arrived. Almost everyone in the financial world ranging from building societies to banks to insurance companies to pension providers are making use of artificial intelligence for improving efficiency and boosting productivity. Please see here for the best of the best <a href=”https://treasuryrecruitment.com/jobs/”>finance outsourcing services</a>.
It is significantly impacting how the treasury sector operates.
The results of a recent study done by Citigroup show that the technology sector is the biggest spender when it comes to AI services but the second biggest spender is the financial services industry.
The pace of investment in AI isn’t slowing down any time soon.
In simple terms, the treasury management sector is being transformed by artificial intelligence. AI is constantly able to identify process flaws and resolve them which saves money and time.
What is more important is that it also makes processes faster.
Custom designed AI algorithms are capable of processing …