AI Impact in 2024: Predictions By INZMO, Toqio, Midaxo, DECTA, Alveo, Infosys, BlueFlame, Tax Systems (Fintech Times)

Generative AI is set to have an immense impact on the alternative investment industry in 2024. BlueFlame AI CEO Raj Bakhru shares what he expects to be at the top of the agenda in 2024:

“We’ll see fund managers turn to AI to enhance portfolio research, refine risk management strategies and automate routine but crucial tasks such as Due Diligence Questionnaires (DDQs) and RFP responses. Private equity firms will harness the content search capabilities for better diligence and research, while private credit will use it to aggregate covenants from credit agreements and hedge funds will leverage it to aggregate sell-side reports."

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