Data Action Layer December 8, 2022
If you’re like us, you’ve probably spent the last week fiddling around with ChatGPT asking it a million questions just to see what it comes back with. Not going to lie - it has impressed us! The things it can understand and answer are mind boggling.
But beyond party tricks and rap battles, will this really be useful for everyone? What about in an operational function?
The short answer is yes. The long answer is yes and probably even now.
While ChatGPT might not be able to extract data or enter it into a system for you, it can help with things like research, ideation or external operations like client support.
We asked ChatGPT a lot of questions, below are some that we found relevant to what we do here at Alkymi, along with an original poem - Ode to Private Equity.
There are several ways to accelerate business workflows, including the following:
Here are some ways to turn operational bottlenecks into sources of opportunity:
By following these steps, you can turn operational bottlenecks into sources of opportunity by identifying and addressing the root causes, and implementing solutions that improve efficiency and effectiveness.
Leading financial services firms are gaining an edge by leveraging technology and data to improve their operations and better serve their customers. This could involve things like using data analytics to gain insights into customer behavior, using automation to streamline processes, and using collaboration tools to improve communication and coordination. Additionally, leading firms are investing in innovative technologies like artificial intelligence (AI) and blockchain to provide new services and capabilities. By leveraging technology and data, financial services firms can improve their operations, gain a competitive advantage, and better meet the needs of their customers.
Private equity, a hidden treasure
Lurking in the shadows, waiting to be measured
A world of deals and acquisitions
Where financiers wield their precise calculations
In search of undervalued gems
They pounce with stealth, like lions on their prey
And with the right investments, they can watch their wealth
Rise in a dazzling display
Try it out. Ask some questions of your own.
Our partnership offers customers a fully integrated, automated workflow for processing unstructured investment data, directly into the SimCorp platform.
When it comes to unstructured data, switching from templates to ML-powered workflows will provide you with more efficiency, adaptability and scalability.
The transition window for the SEC's new Private Fund Regulations is well underway. AI-powered workflows will help you stay compliant and improve efficiency.