Financial services firms report competitive losses linked to AI skill gaps

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A significant portion of the financial services sector is facing tangible business challenges due to shortcomings in artificial intelligence proficiency. According to new research published by Kaplan UK, 40% of directors and C-Suite professionals in the industry indicated that their organizations have experienced lost competitive bids or missed client opportunities directly linked to concerns regarding their internal AI capabilities.

These findings highlight the increasing pressure on financial institutions to maintain technical expertise in a rapidly shifting digital landscape. Kaplan UK, which specializes in professional education, apprenticeship training, and enterprise upskilling, points to a clear correlation between organizational AI readiness and the ability to secure new business in an increasingly AI-driven market.

Source: Finextra
Original article: https://www.finextra.com/pressarticle/111331/kaplan-uk-research-highlights-ai-capability-gaps?utm_medium=rssfinextra&utm_source=finextrafeed

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