Johnathan Rickman | Blue Vault
Artificial intelligence (AI) is impacting every industry under the sun, wealth management and investments included. The transformative technology promises to make us more productive and efficient, and it’s becoming an increasingly integral part of how business gets done.
Change always brings a level of uncertainty especially when it comes to fast-moving technologies like AI. It’s one thing to acknowledge that AI is now part of every industry, but it’s another to thoughtfully and securely integrate it into our daily operations.
Fortunately, there’s a roadmap for that: The AI Policy and Adoption Playbook, created by global fintech firm TIFIN. Concisely worded and written in plain language, the Playbook aims to help those new to AI make sense of the technology’s potential in the wealth arena.
The Playbook sets out to help advisory and wealth management firms:
• Understand the different types of AI
• Identify specific problems that AI can solve
• Navigate associated risks with practical strategies
• Comprehend AI’s potential reach within an organization
It also stresses the importance of organizations adopting a formal AI policy that “aligns innovation with trust, transparency, and long-term growth.” A three-person panel of TIFIN representatives highlighted this point at last month’s Alts Summit, generating follow-up questions from advisors in the audience that the Playbook is designed to answer.
“A frequent hurdle companies face when looking to implement AI for the first time is getting approval from a variety of internal stakeholders — particularly the technology, compliance, and legal teams, said Steve Snyder, Chief Operating Officer for TIFIN Helix. “We have helped clients navigate this process and establish solid internal controls to help monitor and mitigate concerns and risks,” he added.
Steve Snyder and Samantha Davison, Chief Marketing Officer for TIFIN AG / TIFIN AMP, will explore how AI and technology enhancements are impacting alternative investments in a Blue Vault webinar on Wednesday, April 23, 2025, at 2:00 p.m. EDT.
Steve Snyder will also be opening the next meeting of Blue Vault’s Alts Community Groups on Monday, April 21st at 4:00 p.m. EDT to talk about how his firm’s innovative generative AI assistant is revolutionizing private market investing.
Mark your calendars, register for the webinar, and sign up for the Community Groups meeting today!
