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Examples include analyzing legal briefs, automating repetitive tasks such as healthcare paperwork, and handling customer service. Performance Management : By analyzing performance data of financial products or portfolios, generative AI algorithms can generate insights and recommendations for optimizing performance.
Some of the key generative AI use cases in financial services include: Financial Reporting : Automate financial reporting with genAI algorithms to generate accurate and comprehensive financial reports, saving time and reducing the chance of human error.
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