IBM Study: Gen AI Will Elevate Financial Performance Of Banks In 2025
IBM News, Wednesday, February 5th, 2025
Initiatives are maturing from pilots and proofs of concept to targeted, enterprise-wide strategies
IBM released its annual expectations for technology and transformation in the global financial services industry in the year ahead in the IBM Institute for Business Value 2025 Outlook for Banking and Financial Markets.
"We are seeing a significant shift in how generative AI is being deployed across the banking industry as institutions shift from broad experimentation to a strategic enterprise approach that prioritizes targeted applications of this powerful technology," said Shanker Ramamurthy, IBM Consulting's Global Managing Director Banking & Financial Markets.