AI in Finance: A Growing Trend in 2024 and Beyond
Et si les financiers utilisaient l'IA dans leurs analyses et futur pronostics des cours? (What if financial analysts used AI in their analysis and future forecasts?) This is the main topic studied by research centers TAULIA and SAP, who delved into the integration of various artificial intelligence tools in finance. The first finding of their results is that this trend is on the rise in 2024 compared to 2023 and will become even more important in 2025.
9 out of 10 Financial Analysts Convinced of AI's Importance
The study revealed that 9 out of 10 financial analysts are increasingly convinced of the importance of artificial intelligence tools and their impact on the accuracy of their decision-making.
AI as a Decision-Making Element
Experts announced that 85% of professionals surveyed believe that the use of AI as a decision-making element has become more important. Furthermore, 45% of companies questioned in the study expressed their intention to recruit for new AI specialist positions.
Most Used AI Tools in Finance
The most used AI tools in finance include:
- Stock and supply chain management
- Treasury forecasting
- Automation and process efficiency
For the latter theme, 61% of French financial analysts announced that they fully trust AI for better results.
Reliability of AI-Generated Analyses
In terms of reliability, 42% of financial analysts declared that they trust analyses generated by AI, but insist that human oversight is still necessary.
This study highlights the growing importance of AI in finance, with a significant increase in adoption expected in the coming years. As AI tools become more prevalent, financial analysts are recognizing their potential to improve decision-making and drive business growth.