The New Skills in Finance Report 2022

In a digital-transforming era, there is a widening skills gap for those who cannot adapt to the new digital world in finance. 

CFTE and Elevandi published the report with the discussion with leading experts to help governments, organisations and individuals address the current skills gap in finance and build a digital-resilient workforce in the industry.

Key Insights

Key takeaways from AI in "Banking: AI Will Be An Incremental Game Changer" report published by S&P Global Ratings

CFTE summarised “AI in Banking: AI Will Be An Incremental Game Changer” report by S&P Global Ratings. This report discusses the adoption of generative AI in banking, emphasising its potential for earnings growth, improvements in decision-making, and enhanced risk management. 

Key Aspects

  • The focus is on how banks are integrating ‘generative AI’ technology into their operations, promising new capabilities, revenue opportunities, and cost reductions, reshaping the banking industry at a steady and incremental rate.
  • It also highlights the associated risks, concerns, and costs involved in managing AI technologies.

Table of Contents

  • Introduction to AI in Banking
  • Historical Perspective of AI in Banking and Its Evolution
  • Current Applications of AI in Banking
  • Generative AI in Banking: Opportunities and Challenges
  • Generative AI: The Next Five Years in Banking
  • Potential Benefits and Concerns of AI in Banking
  • AI Strategies and Their Impact on Bank Creditworthiness

Key Findings and Insights

This report will give you an insight into:

Key infographics

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