Given the complexity of AI integration projects, leadership should establish a strategic vision and ethical culture for AI development within their organizations. Gain actionable insights from the “Ethics and Artificial Intelligence in Investment Management: A Framework for Professionals” report.
This new report, the latest out of the Research, Advocacy, and Standards team at CFA Institute, recognizes the spectrum of issues brought about by AI tools and big data in investing and sets out questions for professionals and investment teams to consider when working with AI technologies at each step of the AI workflow.
The research identifies organization-level requisites for AI to be successfully used in a variety of applications that include investment analysis, portfolio management, risk management, trading, automated advice, and client onboarding.
The paper combines fundamental ethical principles with the applicability of relevant professional standards to offer a decision-making framework to guide the development of responsible AI applications in investment management.
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