Report

DATA TRENDS 2024 FINANCIAL SERVICES

DATA TRENDS 2024 FINANCIAL SERVICES

Pages 16 Pages

Generative AI is moving from hype to production in financial services, with Python usage up 585% and unstructured data processing growing 244%. Firms are modernizing data strategies to power AI while improving governance, as regulatory scrutiny rises. Snowflake’s Data Cloud helps unify siloed data, enabling secure sharing, analytics, and AI workloads across multicloud environments. Key benefits include faster investment research, improved customer experiences, and reduced risk. Generative AI use cases range from automating banking tasks to democratizing data science. A strong data foundation and governance are essential for success.

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