IBA Global Challenges and Opportunities for the Asset Management Industry Conference

9 Jun - 11 Jun 2024

Session information

Application of AI for the fund industry

Description

This session will look at the impact of generative artificial intelligence (AI) on our global investment management industry, including trends in generative AI application. We will also look at:
•    how generative AI influences product development and business models, financial forecasting, risk analysis and other important elements facing our clients; 
•    the impact of AI on us as lawyers, accountants and other industry professionals, such as ethical considerations, business decisions, attorney client privilege; 
•    the effect of AI on the C Suite and on board governance and what is needed to formulate a new set of best practices, including consideration of the Delaware Chancery Court’s decision in Caremark. What internal controls are ‘adequate’ in light of AI.

 

Session / Workshop Chair(s)

George Raine Ropes & Gray, Boston, Massachusetts, USA; Newsletter Editor, Asset Management and Investment Funds Committee

Speakers

Rachel Marmor Holland & Knight, Boston, Massachusetts, USA
Todd Pingaro McKinsey & Company, Los Angeles, California, USA
Jeffrey Saviano Ernst & Young Global Limited, Cambridge, Massachusetts, USA