Jeffrey McMillan, chief analytics and data officer of Morgan Stanley answered this question Reinventing Financial Services, an event hosted by IBM and The Economist.
Jeff believes that big data and artificial intelligence (AI) are two core technologies that are transforming financial services business models. Mining big data with machine learning technology allows companies to harvest insights from data in ways that were impossible before, and will allow companies like Morgan Stanley help clients solve complex problems that they face every day.
Learn how other wealth management firms like Morgan Stanley are innovating to transform the financial services industry, see https://www-935.ibm.com/industries/banking/the-cognitive-bank/.
This is a great moment for IBM. IBM OpenPages with Watson has been named one of the 2019 Gartner Peer Insights Customers’ Choice for Integrated Risk Management Solutions. We are incredibly proud of our customers continued input into our offering, especially in our most current release of OpenPages with Watson v8.1 as discussed in my […]
In this series of blogs, we focus on four high-growth transformative technologies with emerging risk applications which can help banks and financial institutions complete and protect the enterprise. Today we discuss how advanced analytics and aggregation software can address limitations in computational power and granularity required to meet evolving regulatory demands.The other three emerging technologies […]
An innovative solution for IRM, recognized by analysts Security and risk management professionals within financial organizations can be overwhelmed with the rising cost and pressure of regulatory change management and mitigating associated risks. What they are actually looking for is a solution that supports an integrated approach to risk management. It’s a proud moment for […]