Navigating the GenAI Boom: New Research from Dasseti and Alternatives Watch

Dasseti, in partnership with Alternatives Watch, conducted comprehensive research  titled "GPs Look for Help Navigating GenAI Boom."

This research aims to reveal not just the opportunities but also the challenges that come with integrating GenAI into investment operations. Here's what the research uncovered:

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Key Findings from the Research

1. Widespread Adoption with Continued Growth on the Horizon Over the past 12 months, 89% of GPs have used GenAI tools like ChatGPT, Gemini, and Co-Pilot in their work. The enthusiasm for these tools is expected to continue, with 84% planning to use GenAI in the coming year. This reflects a broad acknowledgment of AI's potential to revolutionize investment management, even as firms continue to test and refine its applications.

2. Prioritizing GenAI in Core Business Areas GPs are looking to leverage GenAI to strengthen key functions:

   • 68% plan to use GenAI for investor reporting in the next 12 months.
   • 42% identified investment processes as the area where AI would be most beneficial, highlighting their focus on improving data analysis, risk assessment, and strategic decision-making.
   • The industry’s interest in AI for client relationship management (63%) indicates a push towards more personalized, efficient communication with stakeholders.
     
     

3. The Impact is Clear, but Challenges Remain While the potential benefits are substantial, our findings revealed important hurdles:

   • 79% of GPs cited data reliability as a key concern, emphasizing the need for robust data management strategies to support GenAI implementation.
   • Information security remains a top priority, with 63% of respondents worried about protecting sensitive financial data.
   • The average trust rating for GenAI tools was a moderate 5.42/10, showing a cautious but optimistic outlook on the technology's reliability.
     
     

4. The Call for Practical Support GPs expressed the need for more targeted resources to help them navigate this evolving landscape:

   • 83% indicated that industry-specific case studies would help them implement GenAI more effectively, underscoring the demand for real-world success stories over general knowledge.
   • A significant portion also noted the need for tailored educational resources such as courses and webinars to bridge the knowledge gap and ensure their teams are prepared for effective adoption.

A Balanced Approach to AI Integration

Despite these challenges, the research reveals that GPs see immediate potential for GenAI in enhancing marketing strategies, automating compliance processes, and enriching investment analysis. The industry's varied adoption rates across different functions indicate a balanced approach, with firms carefully evaluating where AI can offer the most strategic value.

Dasseti’s Commitment to Supporting the GenAI Journey

At Dasseti, we’re dedicated to equipping investment professionals with the tools and expertise they need to thrive in an AI-powered world. Our solutions, including COLLECT, ESG, and ENGAGE, are designed to meet the evolving requirements of data accuracy, security, and operational efficiency—directly addressing the areas highlighted in this report.

By focusing on reliable, practical AI solutions, Dasseti helps investment firms to confidently navigate the integration of GenAI into their DDQ and RFP response workflows, setting the stage for future growth and innovation.