Summary
The financial industry can benefit from the AI revolution by improving performance via automation, and by finding better solutions to ensure data protection and compliance. This module discussed which specific use cases can empower you to achieve these goals, and examples of successful companies implementing these solutions.
We provided an overview of the products and services that Microsoft offers to enable these financial scenarios. Some solutions embed AI in everyday applications for business users, such as Microsoft Teams, Microsoft 365, Microsoft Dynamics 365, and Microsoft Power BI. Others enable your developers to integrate state-of-the-art AI models into your custom applications, such as Azure Machine Learning and Azure AI Services, which includes powerful products like Azure OpenAI Services and Azure AI Document Intelligence.
Now that you've reviewed this module, you should be able to:
- Consider common goals and challenges in financial services
- Describe opportunities for AI in financial services organizations
Use these resources to discover more
- To learn more about what Microsoft can do for your FSI organization, visit our Microsoft Cloud for Financial Service website.
- To learn more about specific Azure services tailored for FSI needs, visit our Azure for Financial Services website.
- To stay up to date with Microsoft AI, visit our AI website.
- To learn more about Microsoft commitment to responsible AI, visit our Responsible AI website.
- To learn more about the models delivered by Azure OpenAI Service, read our technical documentation on Azure OpenAI Service.
- To learn more about privacy and security in Azure OpenAI Service, read our legal documentation on Azure OpenAI Service.
- To learn more about our intelligent business applications, visit our Dynamics 365 AI homepage.
- To learn more about our low-code tools in Power Platform, visit our Power Platform website AI Builder homepage.
- To learn more about all the prebuilt AI models available at Azure AI Services, read our technical documentation on AI Services.
- To learn more about what you can achieve with Azure AI Document Intelligence, visit our Azure AI Document Intelligence homepage.
- To learn more about what you can achieve with Azure Machine Learning, visit our Azure Machine Learning homepage.
References
- McKinsey & Company, "The economic potential of generative AI: The next productivity frontier," June 2023.
- KPMG, Generative AI: From buzz to business value, May 2023.