Summary:
The 3rd Wealth-Tech Summit in Monaco discussed the applications of artificial intelligence in finance, highlighting how AI can personalize financial products, enhance cybersecurity, and provide market trend predictions.
Full Story:
Monaco recently hosted the 3rd Wealth-Tech Summit, a breakfast event focused on the topic of “Artificial Intelligence (AI) and Investment: The New Frontiers of Finance.” This event served as a platform for over 100 bankers, investors, and financial experts to discuss the innovations and emerging trends in technology applied to wealth management. The keynote speaker, Robert LAURE, President of the Monaco Association of Financial Activities, emphasized that AI is no longer just a promise but a reality that is already transforming the way banks operate and serve their clients. The event featured experts who discussed the practical applications of AI in finance, such as generative AI, which enables increased personalization of financial products, and AI in cybersecurity, which enhances protection against cyberattacks. The experts concluded that the financial sector stands to benefit greatly from AI, as it not only helps protect assets but also enables more accurate market trend prediction. The Prince’s Government and the Monaco Association of Financial Activities expressed their commitment to equipping the principality for this significant paradigm shift.
Source:
Gouvernement Monaco
