Impax Asset Management’s Post

Curious about the impact of digital transformation on accounting? Technology is revolutionizing the field, from AI-powered analytics to blockchain-based ledgers. As accountants, embracing these innovations isn't just about keeping up; it's about staying ahead and unlocking new possibilities. Let's navigate the future of accounting together! 💻📊 #DigitalTransformation #AccountingInnovation

According to a recent survey by Orion, more than half of the financial advisors stated that they plan to invest in more client-facing technology in the coming year. Advisors are also becoming less hesitant in incorporating AI into their workflows, with 30% saying they would incorporate it in the next couple of years. Advisors are also looking to increase the time they spend in front of clients by outsourcing tasks such as compliance and regulatory reporting and portfolio accounting. Gateway, powered by Mirador, Inc., is a next-gen digital platform for financial advisors to personalize client engagement. Offering comprehensive communication and planning tools, a secure document vault, and transparent workflows. With Gateway, advisors can connect, communicate, and collaborate efficiently while enhancing the client experience. Learn more from the Financial Advisor Magazine article by Ed Hayes below. #WealthTech #Technology #WealthManagement #FinancialServices #FinancialAdvisor

Discover how cutting-edge technologies like #AI are reshaping the landscape of Enterprise Asset Management! Our 2024 predictions foresee reduced screen time for workers, enhanced automation, and streamlined operations. Embrace the future of #EAM with us as we delve into the industry's latest trends and innovations. Explore our top forecasts here: https://ifs.link/vIKyVt #ArtificialIntelligence

I am pleased to share with you our latest global financial services report which looks at the integration and impact of technology and artificial intelligence within the global financial services sector. Within our report, we highlight the possibilities to reimagine markets and products and move to seamless operating models and customer experiences. With AI and any tech-enabled change, there are always new barriers and challenges. This report contains a series of articles, including: Unlocking value through financial services transformation Exploring GenAI’s role in banking AI in Insurance: A catalyst for change Creating value from technology and innovation in asset management (featuring interviews with State Street and Snowflake) GenAI: Private Equity’s next big leap Please reach out to myself or my colleagues below if you would like to discuss any of the themes explored in our latest report. Danielle Malone Linda Elkins David Akers Steve Jackson James Hindle Nick Combes

Operational performance has become increasingly important to private credit fund managers as the private credit industry continues to grow and mature. Find out how advanced technologies like artificial intelligence and automation can help managers reach their goals: https://ow.ly/nS8o30sE2nP

So far, majority of the #GenAI applications, have focused on enhancing search capabilities, but how can we get more out of GenAI? Can #GenAI help us democratize #PdM. In this article, published in Plant Services, we explore what are the different ways the technology can prove to be useful for #APM. Would love to hear from technology users and suppliers on how they see this tech shaping up APM space. https://lnkd.in/eY7N-9v3

"Despite its longevity, predictive maintenance technology is not widely adopted." The ARC Advisory Group report posted by Inderpreet Shoker is spot on and correctly identifies the two main reasons: 1. "Data availability, quality, and reliability pose significant challenges for most manufacturers. Data gaps, periods of missing data, or inconsistencies introduce noise and degrade data quality." This issue is why manufacturers worldwide select and deploy products like Falkonry’s Automated Time Series AI Cloud, which effectively addresses challenges such as timely data flow, disconnected sensors, equipment changes, and tag name changes. 2. "Scaling and replicating success across multiple sites remains a struggle for many organizations. Each plant has its unique setup, assets, and processes, requiring custom algorithms and tailored PdM programs to achieve success. While possible, this task is daunting." Daunting indeed! Predicting specific failures is challenging since the same failure rarely recurs, making custom AI failure models ineffective. Manufacturers are now adopting AI-based anomaly detection solutions (like Falkonry’s "Rules" and Insights"), to first identify excursions and deviations (using generative AI running on the corpus of OT data) from normal behaviors, which are precursors (unknown unknowns) to potential failures. When correlations among various signals are found during anomaly detection, they use Falkonry's supervised learning ("Patterns") to identify the precursor events of interest (known unknowns). This blog explains how manufacturers are using anomaly detection: https://lnkd.in/geNDsuJ8

Operational performance has become increasingly important to private credit fund managers as the private credit industry continues to grow and mature. Find out how advanced technologies like artificial intelligence and automation can help managers reach their goals: https://ow.ly/2S2q30sE1W9

Our latest edition of Frontiers in Finance explores the role of technology and artificial intelligence within the global financial services sector, detailing their potential to reshape markets and enhance customer experiences while also considering the challenges they present. We feature five thought provoking articles 1. Unlocking additional value in your digital transformation journey 2. GenAI's role in banking and three tips to get started 3. AI's role in insurance 4. Driving value from technology and innovation in asset management 5. Private Equity's opportunity to leap through GenAI If you’re interested in hearing more about the work KPMG is leading in the market and the investments we are making to support our clients, please reach out. #Frontiersinfinance #KPMGFinancialServices

Here at Agio, we use AI technology combined with well-informed HUMAN agents to enhance & shorten resolution times for our clients! For example, when an end user calls into our support desk troubleshooting an email issue, our agent is presented with all of their email architecture right away, ex O365 E5 license with Global Relay and Inky and is immediately provided with trouble shooting steps based on the client's specific setup. 😊 Versus this scenario, which is one of the most common complaints from our prospective clients: An end user calls into the support desk troubleshooting an email issue and the agent taking the call has no idea who they are, what company they are calling from, what laptop they are using, if they are on 0365 or Google, and what email security software they are using. 🙁 More below on how we integrate AI into our processes!