The Future of AI in Wealth Management 2024
The Future of AI in Wealth Management 2024
Artificial intelligence represents both a challenge and an opportunity for the Australian financial services industry as fund managers seek out the best investment opportunities at the same time as implementing the new technology to contain costs and gain an edge.
Financial Newswire and FST Media are examining the new dynamic being created by AI from multiple financial services perspectives:
- Which AI-focused companies fund managers are adding to their portfolios
- How AI is reducing the costs of investment management
- How AI is being implemented by financial advisers and accountants
- Which home-grown start-ups are breaking significant new ground.
AI is not just another technology development such as blockchain, it presages a fundamental change to the way in which the Australian financial services industry does business.
The Future of AI in Wealth Management conference brings together the big technology players, the leading fund managers and the companies taking practical steps to extract the best from the new technology.
WHERE
Establishment Ballroom
252 George Street, Sydney 2000
WHEN
Thursday 14th November 2024
8:30am – 3pm
AGENDA
| TIME | |
| 08:30 | Registration Opens |
| 08:55 | Welcome Address Mike Taylor |
| 09:00 | Opening Keynote As the financial services sector increasingly adopts the use of artificial intelligence as a cost-saving and efficiency tool but worries about the regulatory boundaries, the Assistant Treasurer and Minister for Financial Services, The Hon Stephen Jones, will give the Government’s perspective. Hon Stephen Jones MP |
| 09:35 | Panel Discussion: Turning concept into reality Fund managers have been amongst the early adopters of artificial intelligence as well as early investors in the companies developing and delivering the technology. Our panel will discuss what is occurring and what lies ahead.
|
| 10:15 | MORNING TEA |
| 10:45 | Keynote: Innovation at Speed: Harnessing Rapidly Evolving AI in Wealth Management As superannuation funds look to deliver affordable advice solutions beyond the introduction of second tranche of the Government’s Delivering Better Financial Outcomes Legislation, Novigi has been a partner in developing the infrastructure necessary for the funds to deliver. Alex Moynihan |
| 11:25 | Panel Discussion: AI in action AI is already being leveraged to achieve efficiencies and cost-savings across the financial services industry and while there have been stumbles the benefits are showing through. Our panel will not only discuss what has been happening but demonstrate how it occurred.
|
| 12:05 | NETWORKING LUNCH |
| 13:05 | Keynote: AI utilisation in financial advice Financial advice businesses have turned to artificial intelligence as a means of freeing-up time and driving down costs. filenote.ai has been amongst the earliest players in the space and is now delivering solutions to around 400 advice businesses and three major superannuation funds via its filenote.ai offering. CTO, Alan Li outlines how adoption of AI has evolved within advice firms and where it is likely to head. Alan Li |
| 13:35 | Panel discussion: More than just blue sky – practically implementing AI Australian superannuation funds have been quietly embracing artificial intelligence to help solve some of the complexities around delivering on the Retirement Incomes Covenant and in preparation for dealing with the Govt’s proposed $3 million superannuation tax cap.
|
| 14:15 | Keynote: How can the wealth sector safely and securely enhance customer engagement with responsible AI automation – striking the balance between innovation and trust Whilst technology innovation in digital advice will lead to greater accessibility, efficiency and more tailored offerings, there are rapidly evolving regulatory and ethical challenges around the use of AI for customer facing digital interactions. Deepfakes and the like pose a serious emerging threat, including discrimination, biases and sophisticated fraud. Francoise Gelbard will take us through developments in the space, and how organisations are utilising the Humanable platform to implement Responsible Enterprise AI solutions in the advice and wealth sector. Francoise Gelbard |
| 14:45 | Closing Remarks |
REGISTER
Complimentary Passes are available for nominated wealth management industry individuals such as fund managers, funds management executives, financial advisers, superannuation executives, banking and insurance professionals.
Suppliers to the industry (e.g. solution providers to the banking, insurance and wealth management industry) must contact the Financial Newswire team for more information on vendor participation. Please contact Amy Barratt () or +61 449 137 096
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