What questions do companies have about using AI?
We have spoken to over 80 firms in the last 25 months about AI. Some are seeing productivity gains, while others are just beginning their AI journey. Many face similar challenges. Here are the most common questions.
10 most asked questions
from boutique investment firms
01
ChatGPT or Copilot: which should we use?
If most of your team uses Microsoft Office tools, start with Copilot. Native to Office, it will help you from day one. If you need stronger AI capability OpenAI's ChatGPT might be a better choice. I can help you evaluate both.
03
Do we need a formal AI policy?
Yes, you absolutely do. It addresses data protection, risks, and allowed interactions, which standard IT policies do not cover. I can provide a structured template to get you started.
05
Are there regulatory risks when using AI in investment management?
Yes, financial regulators expect transparency and clear audit trails. Not all AI tools offer audit proof transparency.
07
Will AI reduce the number of analyst jobs?
Possibly, it will reduce repetitive tasks, reducing the need for junior analysts. However, allowing analysts to focus on higher-value activities could boost your workforce. Upskilling your team to use AI tools efficiently is key.
09
How do we prevent AI from generating inaccurate numbers?
Use grounding techniques to link outputs directly to reliable data sources. I can demonstrate how to build a reliable framework for your use cases.
02
Is my data safe when using AI tools?
Depends, even if you are paying for a model data might still not be safe. It also depends on what regulations you are under, such as GDPR and if EU data residency of data is important for you for example. I advise on how to set up a secure, compliant environment.
04
Can using AI tools breach GDPR/DSGVO regulations?
Yes, if data is sent to non-EU servers or used without explicit consent.
06
Is AI affordable for a small to mid-sized investment firm?
Yes, when properly scoped. Starting with a focused use case can cost less. We work with boutique managers and investors, and we can help you plan a cost-effective approach.
08
How quickly can we see a return on investment?
In most cases, small pilot projects deliver positive results within three months. I can help you select a high-impact use case to start.
10
Is it too late to adopt AI in investment management?
No, the technology is evolving rapidly, and there is still plenty of opportunity to gain a competitive edge. I can help you identify areas where AI can add value right now.
