Deutsche Bank Deploys AI for Wealth Client Checks in Asia
Deutsche Bank Private Bank has deployed an agentic AI Source of Wealth tool at its Singapore and Hong Kong booking centers, according to Finextra. Advisers in Dubai can also use it for accounts booked in Singapore.
The tool supports Know Your Customer checks by automating research, documentation and data preparation. It uses existing client cases and approved external sources to identify gaps or inconsistencies and prepare assessments for staff review. Employees retain final review and accountability.
Deutsche Bank plans to expand the tool across its global wealth management centers. It expects client onboarding volumes in its emerging markets region to rise 30% in 2026 compared with 2025.
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2025 Generative AI in Professional Services Report
Thomson Reuters
This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.
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