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Franklin Templeton & Wand AI bring agentic AI to asset management
Firms in the asset management industry are turning increasingly to generative and agentic AI to streamline operations, improve decision-making, and uncover new sources of alpha (the measure of an investment strategy's ability to outperform the market after accounting for risk). The trend is continuing with the latest partnership between Franklin Templeton and Wand AI, marking the next chapter in the evolution of AI in the investment space.
Generative AI is a powerful technology that can generate and provide new information in different forms, such as natural language, images, or music. It is often used in the investment landscape to provide cutting-edge insights and to help financial sector leaders make data-driven decisions.
Agentic AI, on the other hand, refers to the AI that can make its own decisions and act autonomously, without any external programming. It is designed to perform tasks with minimal human intervention and is capable of gathering and analyzing enormous amounts of data, finding market trends and identifying the risk-reward ratio of potential investments.
The combination of generative and agentic AI technologies brings a whole new level of sophistication to the asset management industry. This powerful combination can deliver powerful insights through natural language generation, which simplifies data interpretation. By creating high-quality reports, they help Portfolio Managers to quickly grasp the essence of market situations and more importantly anticipate market trends.
Franklin Templeton, one of the world’s largest asset managers, has partnered with Wand AI to make use of their generative and agentic AI technology. This partnership will enable the firm to uncover new investment opportunities and enhance its ability to produce accurate investment strategies.
With the integration of AI into asset management and finance, investors will have access to more reliable, in-depth data that will ultimately lead to better decision-making in the high-stakes world of asset management. It underscores the inevit
Source: AI News, Link
#Finance AI #World of Work #banking #customer service #financial sector #fintech
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