UBS Backs AI over Blockchain for Wealth Management

Swiss banking giant focuses on intelligent machines for advisory over distributed-ledger projects

ai-robot-typing
AI services, including robo-advising, may play a much bigger role in wealth management than blockchain.

Switzerland-headquartered UBS is developing a hybrid approach for financial advisors and their clients that takes advantage of artificial intelligence (AI). While still in its nascent stages, one of its senior executives believes that the technology has far more potential for specific business cases than blockchain, which has held the top spot as the darling of fintech for years.

“I think artificial intelligence will play a much bigger role in wealth management than blockchain,” says Apurva

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

The IMD Wrap: Will banks spend more on AI than on market data?

As spend on generative AI tools exceeds previous expectations, Max showcases one new tool harnessing AI to help risk and portfolio managers better understand data about their investments—while leaving them always in control of any resulting decisions.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here