Patrick Wegner

Jun 30, 2024 | celent.com | Alenka Grealish |Keith Raymond |Jean Sullivan |Patrick Wegner

30 June 2024 Over the past year, generative AI (GenAI) has gone from moonshot to reality. What does this mean for financial institutions? To sketch out a picture of this new reality, Celent sought out the point of view of AI technology providers. Celent distributed an online survey to technology platform and service providers that support financial institutions in wealth management, insurance, banking, and capital markets.

Jun 28, 2024 | celent.com | Janey Speed |Monica Summerville |Patrick Wegner

28 June 2024Accelerating spending to fix the plumbing How are technology budgets developing at global sell side banks in 2024? What priorities are driving technology strategy for global sell side banks in 2024? Which technologies are going are the main priority and will have the biggest impact in 2024 and beyond? In a increasingly competitive environment, sell side firms conitinue to see technology as a way to maintain their competitve advantage.

Jun 26, 2024 | celent.com | Patrick Wegner

Early June 2024, AWS invited Celent to join them for an analyst day that, to no one’s surprise, was dominated by the application of AI, and particularly Gen AI, in financial services. The overall message is that companies across all industries are pressing ahead with developing and scaling Gen AI tools and embedding AI, in general, more deeply into their businesses.

May 29, 2024 | celent.com | Cubillas Ding |Dayle Scher |Monica Summerville |Patrick Wegner

Based on a survey of 200+ executives from capital market sell side and buy side firms, our webinar reveals the forces driving technology planning and their implications for the upcoming year. The 2023 survey revealed that both buy and sell side firms are increasing their IT spending, focusing on transformative change and cloud adoption. Are these trends set to continue? Or will the Gen AI phenomenon reshape investment strategies?

May 16, 2024 | celent.com | Patrick Wegner

GenAI has rocketed from moonshot to reality. In this industry of winner takes most, no company wants to be left behind!To flesh out the reality for FIs in Capital Markets, Celent surveyed buy side, FMI, and sell side executives in roles tied to innovation.