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How will AI transform finance?

How will AI transform finance?

These days, it’s common to hear “AI” and “transforming” in the same sentence – whether it’s finance, manufacturing or even finding out if your cat is angry… However, as global financial hubs, the question of AI’s role in the future of finance is of particular importance for both Switzerland and the UK.

Alongside The British-Swiss Chamber of Commerce – and sponsored by UBS, Herbert Smith Freehills and Finance Swiss – the Embassy’s Financial Innovation Forum focused on the use cases of AI in finance, the risks and opportunities of these new tools, and how regulators in both countries are responding to the new landscape.

AI-driven start-ups and major financial institutions discussed their perspectives and forecasts regarding the transformation of finance. These discussions highlighted the rapid evolution within the industry and underscored the vibrancy of Switzerland's fintech ecosystem.

Many thanks to moderators Fiona Maxwell and Marina Reason and panelists Philipp Aeby, Jim Tanner, Dr. Christian B. Westermann, Melanie Gabriel, Lord Holmes, and Jessica Rusu for joining us and sharing their insights.