The Impact Of Generative Al On Financial Services 2024
In 2023, 99% of financial institutions embraced AI, setting the stage for continued prominence in 2024.
This report summarises insights from the roundtable organised in collaboration with MENA Fintech Association at Citi Offices during Abu Dhabi Finance Week 2023, delving into current Generative AI applications, considering advancements in 2024.
The Impact Of Generative Al On Financial Services 2024
In 2023, 99% of financial institutions embraced AI, setting the stage for continued prominence in 2024.
This report summarises insights from the roundtable organised in collaboration with MENA Fintech Association at Citi Offices during Abu Dhabi Finance Week 2023, delving into current Generative AI applications, considering advancements in 2024.

Starting 2024 : What’s the impact of Generative AI advancements on Finance?
As we enter 2024, AI stands at the forefront of industry trends, reshaping finance through Generative AI’s personalised advice, overcoming challenges in legacy system integration, and fuelling banking adoption driven by internal evolution. How can we navigate Generative AI in finance in this digital age?
The report provides a practical overview of the current state and the far-reaching implications of Generative AI in finance for professionals to grasp the big picture of the technology.
This report will give you an insight into:
- Identifying AI’s potential in banking and the actionable strategies for leveraging AI in finance
- Understanding Generative AI real use cases in finance like wealth management and compliance, etc
- Discovering the effect of Generative AI on skills and modern workforce
Contributors

Arun Mehta
Head of Data Analytics and Artificial Intelligence, First Abu Dhabi Bank

Alex Manson
Chief Executive Officer, SC Ventures

Barry West
Head of Applied Innovation & Research, ADGM

Gaurav Dhar
Chief Executive Officer, Marshal

Huy Nguyen Trieu
Co-founder , CFTE

Imane Elmajdoubi
Director - Financial Services Industry Microsoft

Isabela Ududec
Chief Operating Officer, Magnati

Olivier Crespin
General Partner , True Global Ventures

Philip Watson
Managing Director, Head of Platform Development & Innovation, Citi

Ronit Ghose
Head of Future of Finance , Citi
