High impact AI use cases in different industries in Hong Kong
Basic: Equity Research, News Summary
Intermediate: Sentiment Analysis, ESG Sentiment & Green-Washing Detection
Advanced: Multi-Modal Alternative Data, Generative Macro-Scenario Stress Testing
Asset & Wealth Management
Basic: Document Search, Compliance, New Product Design
Intermediate: Generative AI "Agent Copilot" for Product Queries & Sales Scripts, Predictive Claims Fraud Detection, Straight-through process
Advanced: Zero-Touch Claims Processing, Hyper-Local Dynamic Risk Pricing
Insurance
Basic: Real-time payment Fraud Detection, Report Automation, AI-Augmented KYC
Intermediate: AI-Enhanced Transaction Monitoring & False Positive Reduction, Generative AI for Regulatory Policy Mapping
Advanced: AI-Driven Internal Audit & Forensic Investigation, Dynamic Credit Risk Modelling using Alternative Data
Banks