The Technology Working Group has published its third and final report on AI.

The report 'Intelligent Investment: AI Deployment Strategies for UK Investment Management Firms' focuses on AI, in particular existing and future use cases for AI within the UK’s asset management sector, as well as the barriers firms have or are anticipated to encounter in adopting AI.

The first two reports looks at fund tokenisation in November 2023 and March 2024.

The Group is chaired by Michelle Scrimgeour and supported by the Investment Association. Members include Investment Association, HM Treasury, and the Financial Conduct Authority along with banking and finance firms like EY and JP Morgan.

Tulip Siddiq MP, the Economic Secretary to the Treasury and City Minister said: "I am thrilled to welcome today’s report from the Technology Working Group. It provides UK asset managers with a blueprint for harnessing the power of AI and capturing the enormous opportunities it creates. On the eve of the International Investment Summit, this report once again demonstrates UK financial services at its cutting-edge best."