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Embracing the Power of Large Language Models: Transforming Finance and Empowering Professionals

The Horizons Tracker

Large Language Models (LLMs) such as ChatGPT are disrupting the finance world, as exemplified by Morgan Stanley’s experimentation with an OpenAI-powered chatbot to assist their financial advisors. As LLMs progressively permeate the finance industry, it is crucial to thoughtfully embrace and adapt to this transformative shift.

Finance 114
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The Slow Progress Being Made With AI In The UK

The Horizons Tracker

Successful AI/ML implementation has clear benefits for early adopters — As organisations look to the future, IT and operations are the leading areas where they plan on adding AI and ML capabilities.

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Exploring the Economic Benefits of Investing in Renewable Energy Systems

Strategy Driven

This shift is more than just an environmental necessity; it is a strategic economic move that promises stability, growth, and global competitiveness in the energy markets of tomorrow. Early adopters of renewable energy infrastructure can enjoy a competitive edge, cutting down on operational costs while supporting sustainable practices.

Energy 92
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5 Ways Smart Startup Founders Strategically Manage Operating Capital

Strategy Driven

And with financing being one of the primary reasons startups go under, the right strategy needs to involve improving upon your operating capital. Cash flow forecasting software can automate this process by analyzing data from your finances to provide you with a peek into your future at the current rate of your income and expenses.

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Interview with Sramana Mitra on 1M/1M Program

Rajesh Setty

By November 2010, we launched the 1M/1M website, including an early version of the premium program. And today, we have a group of early adopter premium members who are making good use of the program. This, of course, doesn’t mean that we discourage entrepreneurs to seek financing.

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3 Major Challenges Financial Institutions Face When Implementing Business Insight Technology

Strategy Driven

If you’ve been in the market for new business insight technology, such as a financial services analytics solution, the benefits of these are obvious. Or, they may be skeptical about whether it’s worth the cost, or the risk to a high-stakes profession such as finance. It will make the task of deriving insight easier—not harder—to do.

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CMI Highlights

Chartered Management Institute

Improving public services Finally, a short update on another area we are currently working in: CMI is partnering with the Social Market Foundation to explore how to get improved results from the UK’s public services. Plus, if you missed last month’s instalment with Sunday Times economics editor David Smith , it was a cracker! Catch up here.