Overview

Wealth and asset managers have the opportunity to reimagine their business models and transform their operations with GenAI.

In brief
• The GenAI era has arrived in wealth and asset management – with the majority of firms actively investing, making plans and building teams.
• Among many potential use cases, firms are prioritising those with the highest near-term impact on the value chain as they navigate barriers to adoption.
• Strong governance models and controls are needed to address a range of tech risks, including data privacy and accuracy, ethical use, model bias and hallucinations.

Based on EY’s recent surveys of senior executives in the industry, understand what firms and leaders are thinking about GenAI, and how you can win in the market.

Content

1. What is GenAI, how can it be used and where can it add value to your organisation
2. Common barriers to GenAI adoption in wealth and asset management
3. Five priorities to advance the AI journey
4. The differences between wealth managers, private banks, and asset managers in their approach to GenAI
5. Priority use cases across the front, middle and back office
6. How you can overcome barriers to succeed, including the ethical use of GenAI

Who should attend

The webinar targets executives, MICs of licensed corporations, asset/wealth managers, VA-related practitioners, compliance officers and other professionals who may be interested in learning about GenAI.

Financial Incentive Scheme of the WAM Pilot Programme

This course has already been approved as an eligible course of the Financial Incentive Scheme for Professional Training (“the Scheme”) under the Pilot Programme to Enhance Talent Training for the Asset and Wealth Management Sector (“the Pilot Programme”). The Scheme aims to enhance the competency and professionalism of in-service practitioners within the asset and wealth management sector and to assist other practitioners within the financial services industry in acquiring the knowledge and skills required for entering the sector. Eligible applicants will be subsidised 80% of the course fees by the HKSAR Government upon satisfactory completion of the courses approved by Hong Kong Securities and Investment Institute, subject to a ceiling of HK$15,000. Hong Kong Securities and Investment Institute is appointed as the implementation agent of the Pilot Programme. Regarding the details of eligible criteria and application procedures, please refer to the dedicated web-site of the Pilot Programme (https://www.wamtalent.org.hk/).