target audience: TECH SUPPLIER Publication date: Oct 2024 - Document type: IDC Survey Spotlight - Doc Document number: # US52672124
Leading GenAI Capabilities in Compliance Management Among EMEA Financial Services Executives
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Abstract
This IDC Survey Spotlight illustrates the current thinking among EMEA financial services executives about prioritizing and funding GenAI initiatives when it comes to the experience of their customers and employees. This document contains data from the IDC Survey 2024: EMEA Enterprise Application and contains the results of 136 financial services executives from the total sample size of 830 IT decision-makers.
"To effectively develop GenAI for compliance solutions, understand what financial services firms are willing to pay for and consider how compliance professionals integrate software into their workflows. Enhance GenAI's capabilities with additional data and tailor use cases to meet specific compliance needs. By grouping use cases into larger narratives, you can streamline messaging, simplify adoption, and cater to diverse user needs, ultimately improving overall compliance and fostering stronger customer relationships," explained Sam Abadir, research director, Risk, Financial Crime, and Compliance at IDC.