{
  "docId": "019dd923-5ca1-7489-b637-1697873ee461",
  "docSlug": "047a4489650f3137",
  "documentTitle": "GenAI wealth asset management",
  "authorId": "EY",
  "authorName": "EY",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 18,
  "pageCount": 26,
  "prevPage": 17,
  "nextPage": 19,
  "slideType": "key_takeaways",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 36,
  "notes": "The slide uses two stacked bar charts to compare concern levels and framework adoption status across various financial industry segments.",
  "elementsJson": [
    "headline_text",
    "bar_chart_stacked",
    "bullet_list",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5ca1-7489-b637-1697873ee461/18",
  "deckHref": "/decks/019dd923-5ca1-7489-b637-1697873ee461",
  "deckJsonHref": "/decks/019dd923-5ca1-7489-b637-1697873ee461.json",
  "deckAnchorHref": "/decks/019dd923-5ca1-7489-b637-1697873ee461#slide-18",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "More than 80% of firms have either established a governance/risk framework or are in the process of establishing one.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd951-c23c-719c-9e43-b343c8f3fd33",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.45,
        "x": 0.52,
        "y": 0.18
      },
      "kind": "chart",
      "text": "Please describe any actions taken to address governance/risk of AI-related use cases? (n=227)",
      "attrs": null,
      "subkind": "bar-stacked",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c3782d4a-912c-4f97-b51e-900ce8f875f1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.45,
        "x": 0.05,
        "y": 0.18
      },
      "kind": "chart",
      "text": "How concerned are you about governance/risk related to Generative AI? (n=227)",
      "attrs": null,
      "subkind": "bar-stacked",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "de218991-302b-495b-be51-569a8a8a1969",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.45,
        "x": 0.52,
        "y": 0.78
      },
      "kind": "list",
      "text": "Hedge funds state that their activeness in establishing a framework with 61% respondents compared to 19% of wealth managers. 18% of US respondents, have not established a framework vs. 29% of European respondents.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "10f67641-900d-43f7-b9fc-06daf7b89465",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.45,
        "x": 0.05,
        "y": 0.78
      },
      "kind": "list",
      "text": "9% of small asset managers (<$0.5b) feel extremely concerned vs. 27% of slightly larger asset managers (<$0.5b-$1b). 29% of all European respondents, report that they are extremely concerned, compared to 37% of Asian and 18% of US respondents.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "11586408-6c81-4340-bddf-c6db758ed55e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Governance/risk concern level: 80%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd951-c23c-719c-9e43-b44103d9a784",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.5,
        "x": 0.05,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "(1) Wealth managers include independent B/Ds, wirehouses and RIAs. Source: EY-Parthenon Wealth and Asset Managers Generative AI Survey November 2023 (n=227).",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "fc7fa2b9-de54-4a50-a114-f083ea1158ec",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.9,
        "x": 0.05,
        "y": 0.07
      },
      "kind": "title",
      "text": "Majority of respondents are concerned about governance/risk related to GenAI and either have a governance/risk framework or are creating one",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "393df114-702c-4432-b6c4-495d5900f4c3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.15,
        "x": 0.05,
        "y": 0.03
      },
      "kind": "title",
      "text": "Survey highlights",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "25c7afba-d228-4c87-8c2c-5a19a6edab44",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [
    {
      "metricRaw": "Governance/risk concern level",
      "numberRaw": "80%",
      "numberKind": "percent",
      "actionTitle": "Majority of respondents are concerned about governance/risk related to GenAI and either have a governance/risk framework or are creating one",
      "calloutText": "More than 80% of firms have either established a governance/risk framework or are in the process of establishing one.",
      "numberScale": null,
      "numberValue": 80,
      "metricFamily": "other",
      "numberCurrency": null
    }
  ],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 24,
      "from": 17,
      "beatId": "41c7499c-b732-4235-9d20-380f5c5f614e",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "The deck discusses implications and future plans for GenAI implementation",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [
    {
      "to": 19,
      "from": 16,
      "name": "Why Now",
      "slug": "15-why-now",
      "bestFor": "Sales pitches, fundraising, requesting immediate budget approval",
      "matchId": "647104fc-bb84-49a5-abec-5449a2ae38c2",
      "evidence": "The deck discusses the current state of GenAI adoption and concerns about governance/risk",
      "position": 1,
      "objective": "Explaining the urgency of implementing GenAI",
      "structure": "The Context (Trends) -> The Trigger Event -> The Window of Opportunity",
      "confidence": 0.6,
      "description": "Create temporal urgency by proving that the window of opportunity is opening or closing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}