SG Analytics：2024重塑金融行业：生成式AI的潜力与应用白皮书（英文版）（22页）.pdf

1、2The Financial Industry Reinvented:Generative AI and Its PotentialInside the ReportExecutive Summary 03Harnessing GenAI in Insurance08Transforming Finance:The Impact of GenAI on the Industry05Harnessing GenAI in Wealth Management12VC and PE Activity17Generative AIs Rapid Growth and Impact04Harnessin

2、g GenAI in Asset Management&Capital Markets10Harnessing GenAI in Banking06Harnessing GenAI in Payments and Fintech14Public Comparables203The Financial Industry Reinvented:Generative AI and Its PotentialExecutive SummaryGenerative AI(GenAI)is a rapidly growing technology that is significantly transfo

3、rming the financial industry.It has positively impacted various sectors of the financial industry,such as banking,asset management,capital markets,wealth management,and insurance,as outlined below:GenAI presents an opportunity for a substantial increase in revenue,estimated at 2.8%to 4.7%,through en

4、hanced productivity.It enhances the functioning of fields such as onboarding and marketing advisory in the consumer banking sector.GenAI is expected to have a significant and immediate impact on areas such as customized solutions,detection of fraudulent and suspicious activities,and documentation an

5、d reporting.BankingGenAI democratizes wealth management by making financial advice more accessible and affordable to a broader client base.It enhances client interaction by offering personalized and tailored recommendations.As a result,profit gains worth$817 million are expected over the next three

6、years for firms operating in the wealth management industryWealth ManagementAI capabilities at financial institutions have increased from 30%in 2022 to 37%in 2023,and this growth is expected to continue in 2024.With GenAI,the market size of the fintech industry is anticipated to reach$1.5 trillion i