The Use of Artificial Intelligence in Financial Advisory

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F24%3A43975516" target="_blank" >RIV/49777513:23510/24:43975516 - isvavai.cz</a>

Výsledek na webu

<a href="https://doi.org/10.24132/jbt.2024.14.2.60_68" target="_blank" >https://doi.org/10.24132/jbt.2024.14.2.60_68</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.24132/jbt.2024.14.2.60_68" target="_blank" >10.24132/jbt.2024.14.2.60_68</a>

Jazyk výsledku

angličtina

Název v původním jazyce

The Use of Artificial Intelligence in Financial Advisory

Popis výsledku v původním jazyce

This article analyzes the potential benefits and challenges of utilizing artificial intelligence (AI)in financial advisory based on a survey conducted among financial advisors. The results indicate that mostadvisors perceive AI as a tool capable of enhancing various processes, from data processing to financialplanning and client service personalization. The study identifies key areas where AI can reduce administrativeburdens, accelerate data analysis, and support better decision-making. However, respondents alsoexpressed concerns regarding data security, the need for more reliability, and the transparency of AIalgorithms, which could limit the broader adoption of these technologies. Although AI is a significantadvancement, its full implementation in financial advisory will require a balanced approach combiningtechnological solutions with human advisory. This research overviews the current state and highlightspotential directions for AI development in financial advisory, emphasizing the need for an ethical frameworkand transparency.

Název v anglickém jazyce

The Use of Artificial Intelligence in Financial Advisory

Popis výsledku anglicky

This article analyzes the potential benefits and challenges of utilizing artificial intelligence (AI)in financial advisory based on a survey conducted among financial advisors. The results indicate that mostadvisors perceive AI as a tool capable of enhancing various processes, from data processing to financialplanning and client service personalization. The study identifies key areas where AI can reduce administrativeburdens, accelerate data analysis, and support better decision-making. However, respondents alsoexpressed concerns regarding data security, the need for more reliability, and the transparency of AIalgorithms, which could limit the broader adoption of these technologies. Although AI is a significantadvancement, its full implementation in financial advisory will require a balanced approach combiningtechnological solutions with human advisory. This research overviews the current state and highlightspotential directions for AI development in financial advisory, emphasizing the need for an ethical frameworkand transparency.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

—

OECD FORD obor

50206 - Finance

Projekt

—

Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Trendy v podnikání

ISSN

2788-0079

e-ISSN

2788-0079

Svazek periodika

14

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

9

Strana od-do

60-68

Kód UT WoS článku

—

EID výsledku v databázi Scopus

—